In this paper we test the predictive power of abnormal inventory growth to forecast retailers’ earnings. We demonstrate an inverted-U relationship between abnormal inventory growth and one-year ahead earnings per share for retailers. We find this relationship to be robust to different measures...

Measuring demand uncertainty is a key activity in supply chain planning. Of various methods ofestimating the standard deviation of demand, one that has been employed successfully in therecent literature uses dispersion among expertsacirc; forecasts. However, there has been limitedempirical...