Forecasting
Problem Statement
- How to manage and reduce risk and uncertainty in the integrated Supply Chain by trying to predict current and future market trends using existing data and facts.
It's tough to make predictions, especially about the future. ... Yogi Berra
He who foretells the future lies, even if he tells the truth. ... Arabian Proverb
We can't solve problems by using the same kind of thinking we used when we created them. ... Albert Einstein
Key Decisions supported
- What will be the effect of changing demand patterns on the Supply Chain environment?
- How do we balance available capacity and expected demand in the Supply Chain?
- What should be the financially optimal allocation between predicted demand and possible supply in case of scarce resources
- What level of granularity should be used to be able to generate, maintain, comunicate a reliable forecast
- How can Collaborative Forecasting help us to establish a reliable process reducing the forecast error
Collaborative Forecasting to reduce risk and uncertainty in the total Supply Chain
Our Added value
- Coach your business professionals to translate state of the art forecasting concepts into effective business processes supported by systems
- Provide expertise to focus on significant few and not get lost in irrelevant many
- Rather than explain features and functions drive a configuration process that meets the mutually agreed Supply Chain performance goals
