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Trend Lines vs. Headlines
The standard supply chain planning philosophy is that by
increasing forecast accuracy, you can better manage and
reduce inventory levels. Is this really true?
Does the trending data back up this common assumption?
The general rule of thumb claims 1% of forecast accuracy improvement should reduce inventory by 1%, up to about
an 80% accuracy level before hitting a point of diminishing
return. Over the last decade global companies have focused their efforts on supply chain management best practices. Despite the headlines and success stories, a recent survey revealed that 3 out of the 4 business sectors actually had their days-on-hand inventory increase… Why?
It’s time to get focused in on the trend lines, and understand what’s really fueling the headlines. This Leadership Exchange webinar will provide practical insight and pragmatic tips to connect forecast accuracy with inventory effectively. Join us to gain a better understanding on how to embark on forecast accuracy initiatives that will deliver tangible inventory results.
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Webinar Alert | Demand Planning Leadership Exchange: Increasing Forecast Accuracy... Does it Really Reduce Inventory? | November 13th
1. Demand Planning Leadership Exchange presents:
Increasing Forecast Accuracy
Reduces Inventory Levels…
November 13th 12:15 - 1:00 PM ET
Trend Lines vs. Headlines
The standard supply chain planning philosophy is that by
increasing forecast accuracy, you can better manage and
reduce inventory levels. Is this really true?
Does the trending data back up this common assumption?
The general rule of thumb claims 1% of forecast accuracy
improvement should reduce inventory by 1%, up to about
Presented by
an 80% accuracy level before hitting a point of diminishing
return. Over the last decade global companies have focused their
Edward Neville
efforts on supply chain management best practices. Despite the
headlines and success stories, a recent survey revealed that 3 out of
REGISTER
the 4 business sectors actually had their days-on-hand inventory http://bit.ly/Forecast_Accuracy
increase… Why?
It’s time to get focused in on the trend lines, and understand what’s Can’t make it?
really fueling the headlines. This Leadership Exchange webinar will Join our exclusive
provide practical insight and pragmatic tips to connect forecast Demand Planning
accuracy with inventory effectively. Join us to gain a better Leadership Exchange Group
understanding on how to embark on forecast accuracy on LinkedIn
initiatives that will deliver tangible inventory results.
You’ll get access to all the
event materials and never
A few key take-a-ways from this session include: miss a beat!
Understanding how Forecast Accuracy impacts different Inventory types
How to synchronize for results all the way down to the Plant level
Where and When Forecast Bias fits into the mix
Make Forecast Accuracy Headlines That
Translate Into Inventory Reduction Trend Lines
REGISTER HERE
http://bit.ly/Forecast_Accuracy
Promoted by Plan4Demand Solutions, Inc.
1501 Reedsdale St, Suite 401, Pittsburgh, PA 15233 www.plan4demand.com
1.800.P4D.info info@plan4demand.com