The results are in – and they’re striking. Nearly 90% of manufacturers say their revenue would jump by up to 10% if they had better demand forecasts. The obvious questions: With all that revenue at stake, why don’t they have more accurate forecasts? What are they doing about it? And what can you learn to improve your own?
This report, Demand-Driven Forecasting and Planning details how companies are using more advanced ways of forecasting to identify demand changes faster. And it puts hard numbers on the benefits: increased sales, reduced inventory and better service.
Fickle customers, ballooning SKUs and shorter product lifecycles have pushed even the leanest supply chains to the limit. It’s time to really work on sensing and shaping customer demand. Let’s get started.