Policy paper

GCA Forecasting best practice statement

A statement of GCA understanding of best practice in relation to forecasting under paragraph 10 of the Code.



The GCA has reviewed the forecasting approach of the ten regulated retailers to assess their alignment with the Code, and has concluded that on the information provided, from March 2016 all retailers’ approaches appear to be compliant with the Code.

The GCA has requested that retailers consider what improvements they could make to the transparency of their communications with suppliers about forecasting, to allow suppliers to 3 meet orders and to anticipate and calculate the full costs of supply.

This is intended to promote better working practices by the retailers, in the spirit of continuous improvement.

Please refer to the attached statement for full details.

Published 23 March 2016