Planning and Forecasting

admin / 6th May 2014 / Comments (0)

In this short article we look at the technology available to support forecasting. We believe that the secrets to success lie in conducting a critical review of what is important to business and then using appropriate technology to generate the base forecast and measure performance.

We discuss why forecasts are needed and how they are used, the principles of developing a “good” forecast (notice that we have not used the word “accurate”) and the technology available to support the forecasting process.

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