Whereas quantitative refers to numeric and objective qualities that someone can measure, qualitative refers to subjective qualities that rely on opinion, observation or listening abilities.

It can be highly beneficial for companies to develop a forecast of the future values of some important metrics, such as demand for its product or variables that describe the economic climate. There ...

Many people think that if they can just get the forecast right, all their supply chain problems will go away. As a data scientist who has been working on demand forecasting for companies in multiple ...