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  Past News


Technology: Supply Chain



By Mel Duvall


  Table of Contents:
  1. Technology: Supply Chain
  2. ' Making Predictions '
  3. ' Listening to the Data '
  4. ' Driving on Demand '
  5. ' Calculating Return '
  6. ' People in the Data '
  7. ' Making Predictions '
  8. ' Fact Sheet '

Just when you thought you'd gotten your supply chain into shape, here comes demand forecasting. New technology can help, but it can't replace common sense.

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Technology: Supply Chain - ' Making Predictions '


( Page 7 of 8 )

Forecasts By Design

Forecasts by Design thumbnail

Better forecasts come from increased visibility—looking as deeply as possible into both the supply and demand sides of the equation. The "perfect" forecasting process would feed up-to-the-minute data from demand-side sources, and then take into account such external factors as the competition and the impact of major events, as well as internal factors like product lifecycle plans and marketing. But some degree of subjectivity is essential to ensure that the data's decisions make sense.

SOURCE: DR. HAU LEE; CIO INSIGHT



 
 
>>> More Past News Articles          >>> More By Mel Duvall
 


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