6 Steps to Remove Uncertainty
Recurso facilitado por Slimstock
A forecast represents many things in business, but is most universally understood as the pulse of a company. From an operations perspective, a forecast lets the supply team anticipate and quickly respond to changes in customer demand, while helping manufacturing and distribution companies optimise inventory levels, minimise stock-outs and improve production capacity. Conversely, a poorly developed and inaccurate forecast can have a hugely negatively effect on operational performance, often creating of a company a barrier to achieving strategic imperatives and fiscal goals.