forecasting tools and techniques
โขDownload as PPTX, PDFโข
0 likesโข718 views
This document discusses various forecasting tools and techniques that can help businesses plan effectively. It describes qualitative and quantitative forecasting methods, with qualitative relying on subjective factors like industry opinions for startups with no past data, and quantitative examining past data trends. Some key forecasting tools mentioned are Demand Works for inventory and sales planning, QuickBooks for generating financial trend reports, and Tableau for business intelligence and strategizing around different data areas. Accurate forecasting using these methods and tools can help businesses set and meet objectives by predicting sales, budgets, and other metrics.
Report
Share
Report
Share
Recommended
Chapter 8 strategic evaluation and control
This document discusses strategic evaluation and control. It defines strategic control as monitoring the implementation of an organization's strategic plans. The document outlines several key aspects of strategic control, including: premise control, strategic surveillance, implementation control, and special alerts. It also distinguishes strategic control from operational control, noting that strategic control is more future oriented, ambiguous, and focuses on achieving long term goals. Finally, the document discusses the contributions of Kaoru Ishikawa to total quality control and management.
Strategic capacity planning for products and services
This document discusses strategic capacity planning for products and services. It defines key capacity planning terms like design capacity, effective capacity, and actual output. It discusses factors that determine effective capacity such as facilities, products, processes, human factors, and external factors. The document outlines the capacity planning process, including estimating future capacity needs, evaluating existing capacity, identifying alternatives, and implementing solutions. It also discusses challenges in planning service capacity and tools for analysis like cost-volume analysis and financial analysis.
Strategy formulation
Strategic management involves formulation and implementation of major goals and initiatives by top management based on assessments of internal and external environments. [DOCUMENT] outlines the six key steps to effective strategic formulation: 1) define the organization, 2) define the strategic mission, 3) define strategic objectives, 4) define the competitive strategy considering industry, competition, and strengths/weaknesses, 5) implement strategies through tactical actions, and 6) regularly evaluate progress against the strategic plan and make adjustments based on changes in the business environment. Strategic formulation provides a framework for actions to achieve anticipated results but requires flexibility to adapt the strategic plan to changing market conditions.
STRATEGIC MANAGEMENTCH8: IMPLEMENTING STRATEGIES : MARKETING, FINANCE/ACCOUNT...
This document discusses various issues related to implementing strategies in the areas of marketing, finance/accounting, research and development (R&D), and management information systems (MIS). Some key points include:
1. Market segmentation and product positioning are important strategy implementation tools that involve dividing markets into customer subsets and mapping how products compare to competitors.
2. Projected financial statement analysis is a central strategy implementation technique that allows examining the expected results of various actions. It involves forecasting financials like income statements and balance sheets.
3. Research and development plays a role in implementation and can involve approaches like being first to market, innovative imitation to minimize risks, or low-cost mass production.
4. An
Business level strategies
This document discusses different business-level strategies that a firm can pursue to gain a competitive advantage, including cost leadership, differentiation, and focus strategies. It defines each strategy and describes the core competencies, customer needs, and actions required to successfully implement each one. The risks and benefits of each individual strategy as well as integrated strategies are also examined. Overall, the document provides an overview of the key considerations and tradeoffs involved in different business-level strategic approaches.
Strategy implementation
Strategy implementation refers to the activities within an organization to execute its strategic plan. This involves translating the chosen strategy into organizational actions to achieve strategic goals. Key aspects of strategy implementation include developing organizational structures, control systems, and culture aligned with the strategy. It also involves assigning tasks and roles to employees to maximize efficiency, quality, and customer satisfaction. Successful strategy implementation depends on factors like organizational structure, resource allocation, leadership styles, and procedures. It is important that implementation responsibilities are shifted to divisional and functional managers who were involved in the strategy formulation process.
Generic building blocks of sustainable competitive advantage
The document discusses sustainable competitive advantage through several examples of companies that have maintained competitive advantages for many years. It provides details on the competitive advantages that have allowed Coca-Cola and Walmart to specifically sustain higher profits than competitors over long periods of time. Coca-Cola's sustainable advantages include its secret recipe, continuous new product development, extensive global distribution system, and high production efficiency. Walmart maintains its advantage through a complex distribution center network that enables faster and more efficient delivery of goods at lower prices than competitors.
Unit 4 Strategy Implementation
The document discusses various components of strategy implementation including organization structure, changing structures and processes, corporate culture, and strategy evaluation. It provides an overview of different organization structures that can be used for strategy implementation such as entrepreneurial, functional, divisional, SBU, matrix, network, cellular, and modular structures. It also discusses Mintzberg's 5Ps of strategy including plan, ploy, pattern, position, and perspective. The McKinsey 7S framework is introduced as a tool to analyze how well an organization is positioned to achieve its objectives.
Recommended
Chapter 8 strategic evaluation and control
This document discusses strategic evaluation and control. It defines strategic control as monitoring the implementation of an organization's strategic plans. The document outlines several key aspects of strategic control, including: premise control, strategic surveillance, implementation control, and special alerts. It also distinguishes strategic control from operational control, noting that strategic control is more future oriented, ambiguous, and focuses on achieving long term goals. Finally, the document discusses the contributions of Kaoru Ishikawa to total quality control and management.
Strategic capacity planning for products and services
This document discusses strategic capacity planning for products and services. It defines key capacity planning terms like design capacity, effective capacity, and actual output. It discusses factors that determine effective capacity such as facilities, products, processes, human factors, and external factors. The document outlines the capacity planning process, including estimating future capacity needs, evaluating existing capacity, identifying alternatives, and implementing solutions. It also discusses challenges in planning service capacity and tools for analysis like cost-volume analysis and financial analysis.
Strategy formulation
Strategic management involves formulation and implementation of major goals and initiatives by top management based on assessments of internal and external environments. [DOCUMENT] outlines the six key steps to effective strategic formulation: 1) define the organization, 2) define the strategic mission, 3) define strategic objectives, 4) define the competitive strategy considering industry, competition, and strengths/weaknesses, 5) implement strategies through tactical actions, and 6) regularly evaluate progress against the strategic plan and make adjustments based on changes in the business environment. Strategic formulation provides a framework for actions to achieve anticipated results but requires flexibility to adapt the strategic plan to changing market conditions.
STRATEGIC MANAGEMENTCH8: IMPLEMENTING STRATEGIES : MARKETING, FINANCE/ACCOUNT...
This document discusses various issues related to implementing strategies in the areas of marketing, finance/accounting, research and development (R&D), and management information systems (MIS). Some key points include:
1. Market segmentation and product positioning are important strategy implementation tools that involve dividing markets into customer subsets and mapping how products compare to competitors.
2. Projected financial statement analysis is a central strategy implementation technique that allows examining the expected results of various actions. It involves forecasting financials like income statements and balance sheets.
3. Research and development plays a role in implementation and can involve approaches like being first to market, innovative imitation to minimize risks, or low-cost mass production.
4. An
Business level strategies
This document discusses different business-level strategies that a firm can pursue to gain a competitive advantage, including cost leadership, differentiation, and focus strategies. It defines each strategy and describes the core competencies, customer needs, and actions required to successfully implement each one. The risks and benefits of each individual strategy as well as integrated strategies are also examined. Overall, the document provides an overview of the key considerations and tradeoffs involved in different business-level strategic approaches.
Strategy implementation
Strategy implementation refers to the activities within an organization to execute its strategic plan. This involves translating the chosen strategy into organizational actions to achieve strategic goals. Key aspects of strategy implementation include developing organizational structures, control systems, and culture aligned with the strategy. It also involves assigning tasks and roles to employees to maximize efficiency, quality, and customer satisfaction. Successful strategy implementation depends on factors like organizational structure, resource allocation, leadership styles, and procedures. It is important that implementation responsibilities are shifted to divisional and functional managers who were involved in the strategy formulation process.
Generic building blocks of sustainable competitive advantage
The document discusses sustainable competitive advantage through several examples of companies that have maintained competitive advantages for many years. It provides details on the competitive advantages that have allowed Coca-Cola and Walmart to specifically sustain higher profits than competitors over long periods of time. Coca-Cola's sustainable advantages include its secret recipe, continuous new product development, extensive global distribution system, and high production efficiency. Walmart maintains its advantage through a complex distribution center network that enables faster and more efficient delivery of goods at lower prices than competitors.
Unit 4 Strategy Implementation
The document discusses various components of strategy implementation including organization structure, changing structures and processes, corporate culture, and strategy evaluation. It provides an overview of different organization structures that can be used for strategy implementation such as entrepreneurial, functional, divisional, SBU, matrix, network, cellular, and modular structures. It also discusses Mintzberg's 5Ps of strategy including plan, ploy, pattern, position, and perspective. The McKinsey 7S framework is introduced as a tool to analyze how well an organization is positioned to achieve its objectives.
Diversification strategies
Diversification allows companies to enter new business lines different from current operations. Firms diversify to utilize excess resources, capture synergies, spread risk, and leverage brands. There are four main types of diversification: horizontal involves similar firms; vertical integrates suppliers and customers; concentric pursues synergistic but not identical markets; and conglomerate comprises unrelated industries. Common diversification strategies include acquisition, internal start-ups, joint ventures, and entering new businesses.
Chapter 2 Developing Marketing Strategies and Plans
This document discusses key concepts in developing marketing strategies and plans. It covers value delivery processes, the value chain, core business processes, core competencies, holistic marketing, marketing plans, levels of marketing plans, corporate headquarters planning activities including defining mission and assessing growth opportunities, strategic business units, Porter's generic strategies, and categories of marketing alliances. The document provides definitions and explanations of these marketing concepts.
GENERIC COMPETITIVE STRATEGIES
Professor Michael Porter suggested three generalย positioning strategiesย to achieveย competitive advantage :
Low Cost Leadership Strategy
Differentiation Strategy
Focus Strategy
The Generic Competitive Strategy (GCS) is a methodology designed to provide companies with a strategic plan to compete .The GCS is useful when a company is looking to gain an advantage over a competitor
chapter 8 " Implementing strategies: Marketing, Finance/Accounting, R&D, and ...
This document discusses key issues in implementing strategies related to marketing, finance/accounting, research and development (R&D), and management information systems (MIS). It explains that market segmentation and product positioning are important tools for implementing strategies. It also discusses determining a business's worth, developing projected financial statements, acquiring needed capital through equity or debt, and using budgets. The document notes that R&D approaches can allow firms to be first-to-market or low-cost producers. Finally, it states that an effective MIS system can help differentiate successful firms by collecting, storing, and sharing important information.
Strategic analysis and choice
The document discusses various strategic analysis and choice frameworks including the EFE matrix, IFE matrix, SWOT matrix, SPACE matrix, BCG matrix, GE nine-cell matrix, and IE matrix. It provides details on how to conduct an analysis using each framework, including how to evaluate internal and external factors, match strategies, and determine the appropriate strategic position and actions. The frameworks help organizations generate strategies by analyzing their internal strengths and weaknesses as well as external opportunities and threats.
Porter's Generic Strategies with examples
This Presentation is containing brief description of generic strategies with examples of companies in detail....
Hope it will be helpful to everybody....
Enjoy...!! :)
Lecture chapter 5
This chapter discusses various strategic management concepts including long term objectives, financial and strategic objectives, levels of strategies for large and small companies, types of strategies such as vertical integration, intensive strategies, diversification strategies, defensive strategies, and Porter's five generic strategies. It also discusses strategic management in nonprofit and governmental organizations. The chapter concludes with an exercise analyzing a case study on Estee Lauder.
Financial risk management
Financial risk management involves identifying risks facing a business, determining an appropriate risk tolerance, and implementing strategies to manage risks. There are three main sources of financial risk: changes in market prices, actions of other organizations, and internal failures. The risk management process assesses financial risks and develops consistent strategies using tools like hedging, diversification, and derivatives. Key factors that impact financial rates and prices include expected inflation, economic conditions, monetary policy, foreign demand, and political stability.
Strategic management-concepts Fred R. David (2007)
Strategic management involves three main stages: strategy formulation, strategy implementation, and strategy evaluation. It integrates management, marketing, finance, operations, R&D, and information systems to achieve organizational success. A key part of strategic management is analyzing internal strengths and weaknesses as well as external opportunities and threats to determine how to best position an organization for long-term success. Benefits of strategic management include improved financial and organizational performance as well as enhanced ability to adapt to changes in the business environment.
Chapter 5 strategies in action
Long-term objectives and strategies provide direction for organizations over 2-5 years. Objectives should be measurable, realistic, and obtainable. They provide benefits like consistent decision making, performance evaluation, and resource allocation. Objectives exist at the corporate, divisional, functional, and operational levels. Financial objectives focus on growth and profits while strategic objectives compare performance to competitors. Effective strategies include market penetration, product development, and vertical integration through controlling suppliers or distributors.
Business level strategy
Business level strategies help firms position themselves relative to competitors by choosing whether to perform different activities or pursue lower costs or uniqueness. There are five main business level strategies: cost leadership, differentiation, focused low cost, focused differentiation, and integrated strategies. Cost leadership aims for standard products at lowest prices while differentiation focuses on unique product features. Focused strategies target a narrow market segment with either lower costs or differentiation. An integrated strategy combines elements of cost leadership and differentiation.
Competitive analysis
This document discusses competitor analysis and different market positions companies can take. It defines competitor analysis and describes identifying current and potential competitors. It then explains different industry concepts of competition based on number of sellers, barriers to entry/exit, cost structure, and globalization. The document also outlines four main market positions - market leader, challenger, follower, and nicher - and describes common strategies associated with each role.
Chapter 4 the internal assessment
The document discusses performing an internal audit to assess the strengths and weaknesses of a company's internal functions. It describes analyzing key areas like management, marketing, finance, production/operations, research and development, and organizational culture. The internal audit process involves gathering information from managers and employees across departments to understand how each function contributes to business objectives. Identifying distinctive competencies and improving on weaknesses can help companies develop effective strategies.
Functional level strategies
The document discusses various functional level strategies that organizations must consider, including marketing, finance, human resources, and operations. It focuses on strategies for several key functions like marketing strategies (product, pricing, placement, promotion), financial strategies (capital acquisition, capital structure, dividends), human resource strategies (objectives, organization structure, performance appraisal), and how functional strategies integrate with and support organizational strategy.
Operations strategy
operations strategy
,
positioning the firm
,
strategic decisions in operations
,
effective ways to deploy strategy
Strategic evaluation and control
Strategic evaluation and control is the final phase of strategic management. It operates at two strategic and operational levels to assess consistency with the environment and pursuit of strategy. The purpose is to evaluate strategy effectiveness in achieving objectives. It tests strategy effectiveness and keeps the organization on track to objectives through feedback and corrective actions. Strategic evaluation involves participants across the organization and provides lessons for new planning, though barriers like measurement difficulties must be addressed.
Factors to be considered for project selection
The document discusses various methods and factors for selecting projects. It describes several common project selection methods such as benefit measurement, discounted cash flow, internal rate of return, and cost-benefit analysis. It also lists key factors to consider in project analysis and selection, including market analysis, production/technical factors, financial analysis, personnel factors, and administrative/miscellaneous factors. Proper implementation of selection methods requires considering different factors and combinations of methods to make the best decision for an organization.
Chap 2 Productivity
This document discusses competitiveness, strategy, and productivity. It defines competitiveness as how effectively an organization meets customer wants and needs relative to competitors. Strategy is defined as plans for achieving organizational goals, while tactics are specific methods for accomplishing strategies. Productivity is a measure of output to input and is important for effective resource use. Factors that influence productivity include capital, technology, management methods, and other organizational factors. Measuring and improving productivity is key for organizational success.
Strategy Analysis and Choice
This document outlines the strategy formulation framework presented in Chapter 6 of the textbook. It discusses the 3 main stages of the framework: 1) The Input Stage which involves gathering internal/external data, 2) The Matching Stage which matches internal strengths/weaknesses to external opportunities/threats using tools like SWOT and SPACE matrices, and 3) The Decision Stage which uses tools like QSPM to evaluate alternative strategies. It also covers how organizational culture and politics can influence strategy choice.
Focused cost leadership strategy - strategic management - Manu Melwin Joy
A focused cost leadership strategy requires competing based on price to target a narrow market.
A firm that follows this strategy does not necessarily charge the lowest prices in the industry. Instead, it charges low prices relative to other firms that compete within the target market.
Data analysis
As the world moves closer to an age of automation, data is having a significant influence on our professional lives. Numerous businesses are handling with the data, algorithms and Artificial Intelligence (AI) to boost their operational efficiency.
Data science in demand planning - when the machine is not enough
A presentation by Calven van der Byl BCom Economics and Statistics, BCom Honours Mathematical Statistics, Masters Mathematical Statistics, Inventory Optimization Demand Planning Manager, DSV, South Africa.
Delivered during SAPICS 2016, a leading event for supply chain professionals, held in Sun City, South Africa.
Demand Planning is a complex, yet often de-emphasized function in the supply chain planning function. The demand planning function is often characterized by an over-reliance on off the shelf software as well as a great deal of manual intervention. This presentation will outline the current developments and perspective in big data analytics and how they can be leveraged with the demand planning function to improve forecasting agility and efficiency. A simulation study will be presented in order to illustrate these principles in practice.
More Related Content
What's hot
Diversification strategies
Diversification allows companies to enter new business lines different from current operations. Firms diversify to utilize excess resources, capture synergies, spread risk, and leverage brands. There are four main types of diversification: horizontal involves similar firms; vertical integrates suppliers and customers; concentric pursues synergistic but not identical markets; and conglomerate comprises unrelated industries. Common diversification strategies include acquisition, internal start-ups, joint ventures, and entering new businesses.
Chapter 2 Developing Marketing Strategies and Plans
This document discusses key concepts in developing marketing strategies and plans. It covers value delivery processes, the value chain, core business processes, core competencies, holistic marketing, marketing plans, levels of marketing plans, corporate headquarters planning activities including defining mission and assessing growth opportunities, strategic business units, Porter's generic strategies, and categories of marketing alliances. The document provides definitions and explanations of these marketing concepts.
GENERIC COMPETITIVE STRATEGIES
Professor Michael Porter suggested three generalย positioning strategiesย to achieveย competitive advantage :
Low Cost Leadership Strategy
Differentiation Strategy
Focus Strategy
The Generic Competitive Strategy (GCS) is a methodology designed to provide companies with a strategic plan to compete .The GCS is useful when a company is looking to gain an advantage over a competitor
chapter 8 " Implementing strategies: Marketing, Finance/Accounting, R&D, and ...
This document discusses key issues in implementing strategies related to marketing, finance/accounting, research and development (R&D), and management information systems (MIS). It explains that market segmentation and product positioning are important tools for implementing strategies. It also discusses determining a business's worth, developing projected financial statements, acquiring needed capital through equity or debt, and using budgets. The document notes that R&D approaches can allow firms to be first-to-market or low-cost producers. Finally, it states that an effective MIS system can help differentiate successful firms by collecting, storing, and sharing important information.
Strategic analysis and choice
The document discusses various strategic analysis and choice frameworks including the EFE matrix, IFE matrix, SWOT matrix, SPACE matrix, BCG matrix, GE nine-cell matrix, and IE matrix. It provides details on how to conduct an analysis using each framework, including how to evaluate internal and external factors, match strategies, and determine the appropriate strategic position and actions. The frameworks help organizations generate strategies by analyzing their internal strengths and weaknesses as well as external opportunities and threats.
Porter's Generic Strategies with examples
This Presentation is containing brief description of generic strategies with examples of companies in detail....
Hope it will be helpful to everybody....
Enjoy...!! :)
Lecture chapter 5
This chapter discusses various strategic management concepts including long term objectives, financial and strategic objectives, levels of strategies for large and small companies, types of strategies such as vertical integration, intensive strategies, diversification strategies, defensive strategies, and Porter's five generic strategies. It also discusses strategic management in nonprofit and governmental organizations. The chapter concludes with an exercise analyzing a case study on Estee Lauder.
Financial risk management
Financial risk management involves identifying risks facing a business, determining an appropriate risk tolerance, and implementing strategies to manage risks. There are three main sources of financial risk: changes in market prices, actions of other organizations, and internal failures. The risk management process assesses financial risks and develops consistent strategies using tools like hedging, diversification, and derivatives. Key factors that impact financial rates and prices include expected inflation, economic conditions, monetary policy, foreign demand, and political stability.
Strategic management-concepts Fred R. David (2007)
Strategic management involves three main stages: strategy formulation, strategy implementation, and strategy evaluation. It integrates management, marketing, finance, operations, R&D, and information systems to achieve organizational success. A key part of strategic management is analyzing internal strengths and weaknesses as well as external opportunities and threats to determine how to best position an organization for long-term success. Benefits of strategic management include improved financial and organizational performance as well as enhanced ability to adapt to changes in the business environment.
Chapter 5 strategies in action
Long-term objectives and strategies provide direction for organizations over 2-5 years. Objectives should be measurable, realistic, and obtainable. They provide benefits like consistent decision making, performance evaluation, and resource allocation. Objectives exist at the corporate, divisional, functional, and operational levels. Financial objectives focus on growth and profits while strategic objectives compare performance to competitors. Effective strategies include market penetration, product development, and vertical integration through controlling suppliers or distributors.
Business level strategy
Business level strategies help firms position themselves relative to competitors by choosing whether to perform different activities or pursue lower costs or uniqueness. There are five main business level strategies: cost leadership, differentiation, focused low cost, focused differentiation, and integrated strategies. Cost leadership aims for standard products at lowest prices while differentiation focuses on unique product features. Focused strategies target a narrow market segment with either lower costs or differentiation. An integrated strategy combines elements of cost leadership and differentiation.
Competitive analysis
This document discusses competitor analysis and different market positions companies can take. It defines competitor analysis and describes identifying current and potential competitors. It then explains different industry concepts of competition based on number of sellers, barriers to entry/exit, cost structure, and globalization. The document also outlines four main market positions - market leader, challenger, follower, and nicher - and describes common strategies associated with each role.
Chapter 4 the internal assessment
The document discusses performing an internal audit to assess the strengths and weaknesses of a company's internal functions. It describes analyzing key areas like management, marketing, finance, production/operations, research and development, and organizational culture. The internal audit process involves gathering information from managers and employees across departments to understand how each function contributes to business objectives. Identifying distinctive competencies and improving on weaknesses can help companies develop effective strategies.
Functional level strategies
The document discusses various functional level strategies that organizations must consider, including marketing, finance, human resources, and operations. It focuses on strategies for several key functions like marketing strategies (product, pricing, placement, promotion), financial strategies (capital acquisition, capital structure, dividends), human resource strategies (objectives, organization structure, performance appraisal), and how functional strategies integrate with and support organizational strategy.
Operations strategy
operations strategy
,
positioning the firm
,
strategic decisions in operations
,
effective ways to deploy strategy
Strategic evaluation and control
Strategic evaluation and control is the final phase of strategic management. It operates at two strategic and operational levels to assess consistency with the environment and pursuit of strategy. The purpose is to evaluate strategy effectiveness in achieving objectives. It tests strategy effectiveness and keeps the organization on track to objectives through feedback and corrective actions. Strategic evaluation involves participants across the organization and provides lessons for new planning, though barriers like measurement difficulties must be addressed.
Factors to be considered for project selection
The document discusses various methods and factors for selecting projects. It describes several common project selection methods such as benefit measurement, discounted cash flow, internal rate of return, and cost-benefit analysis. It also lists key factors to consider in project analysis and selection, including market analysis, production/technical factors, financial analysis, personnel factors, and administrative/miscellaneous factors. Proper implementation of selection methods requires considering different factors and combinations of methods to make the best decision for an organization.
Chap 2 Productivity
This document discusses competitiveness, strategy, and productivity. It defines competitiveness as how effectively an organization meets customer wants and needs relative to competitors. Strategy is defined as plans for achieving organizational goals, while tactics are specific methods for accomplishing strategies. Productivity is a measure of output to input and is important for effective resource use. Factors that influence productivity include capital, technology, management methods, and other organizational factors. Measuring and improving productivity is key for organizational success.
Strategy Analysis and Choice
This document outlines the strategy formulation framework presented in Chapter 6 of the textbook. It discusses the 3 main stages of the framework: 1) The Input Stage which involves gathering internal/external data, 2) The Matching Stage which matches internal strengths/weaknesses to external opportunities/threats using tools like SWOT and SPACE matrices, and 3) The Decision Stage which uses tools like QSPM to evaluate alternative strategies. It also covers how organizational culture and politics can influence strategy choice.
Focused cost leadership strategy - strategic management - Manu Melwin Joy
A focused cost leadership strategy requires competing based on price to target a narrow market.
A firm that follows this strategy does not necessarily charge the lowest prices in the industry. Instead, it charges low prices relative to other firms that compete within the target market.
What's hot (20)
Chapter 2 Developing Marketing Strategies and Plans
Chapter 2 Developing Marketing Strategies and Plans
ย
chapter 8 " Implementing strategies: Marketing, Finance/Accounting, R&D, and ...
chapter 8 " Implementing strategies: Marketing, Finance/Accounting, R&D, and ...
ย
Strategic management-concepts Fred R. David (2007)
Strategic management-concepts Fred R. David (2007)
ย
Focused cost leadership strategy - strategic management - Manu Melwin Joy
Focused cost leadership strategy - strategic management - Manu Melwin Joy
ย
Similar to forecasting tools and techniques
Data analysis
As the world moves closer to an age of automation, data is having a significant influence on our professional lives. Numerous businesses are handling with the data, algorithms and Artificial Intelligence (AI) to boost their operational efficiency.
Data science in demand planning - when the machine is not enough
A presentation by Calven van der Byl BCom Economics and Statistics, BCom Honours Mathematical Statistics, Masters Mathematical Statistics, Inventory Optimization Demand Planning Manager, DSV, South Africa.
Delivered during SAPICS 2016, a leading event for supply chain professionals, held in Sun City, South Africa.
Demand Planning is a complex, yet often de-emphasized function in the supply chain planning function. The demand planning function is often characterized by an over-reliance on off the shelf software as well as a great deal of manual intervention. This presentation will outline the current developments and perspective in big data analytics and how they can be leveraged with the demand planning function to improve forecasting agility and efficiency. A simulation study will be presented in order to illustrate these principles in practice.
Introduction to Business Anlytics and Strategic Landscape
Introduction to Business Anlytics and Strategic LandscapeRani Channamma University, Sangolli Rayanna First Grade Constituent College, Belagavi
Business analytics uses statistical methods and technologies to analyze historical data and gain new insights to improve strategic decision-making. It refers to skills, technologies, and practices for continuously developing new understandings of business performance based on data analysis. Business analytics is commonly used to analyze various data sources, find patterns within datasets to predict trends and access new consumer insights, monitor key performance indicators in real-time, and support decisions with current information. It provides companies the ability to interpret large volumes of data to make informed decisions supporting organizational growth.ย
Data-Driven Dynamics Leveraging Analytics for Business Growth
Explore the dynamic landscape of data-driven growth and learn how analytics can propel businesses to success. Discover strategies, tools, and best practices for harnessing data insights to drive growth and innovation.
AnaplanOSFINALWebinarPresentation(Forrester)
The document discusses integrated planning and unstoppable business performance. It outlines five key next practices for integrated planning: 1) dynamic planning by continuously iterating models, 2) integrating planning across business lines, 3) predictive planning using predictive models, 4) collaboration through interacting with colleagues, and 5) aligning with growth opportunities. It recommends shifting the focus of planning to growth and customers. Next-generation planning systems will leverage advanced analytics, embed collaboration, and integrate across systems to provide strategic insights.
Using business analytics to make smarter business decisions (sadiq shariff10@...
Business analytics software allows companies to analyze large amounts of data and gain insights to improve operations and make smarter decisions. It provides tools to gather, analyze, and visualize data, helping businesses address problems, implement effective strategies, and optimize performance. Using business analytics software, companies can better understand customer behavior, predict outcomes, manage tasks efficiently, and enhance marketing and financial plans to stay competitive.
4_Q2-Entrep.pptx
This document discusses business forecasting. It begins by defining business forecasting as predicting future economic conditions based on past and present information. The document then lists the importance of business forecasting for strategic planning, finance, marketing, and operations. Finally, it discusses quantitative and qualitative forecasting methods, including time series analysis and historical trend analysis for quantitative methods. The key goals of business forecasting are to understand future demand and drive better decision making.
Business intelligence software tools
Business intelligence (BI) software tools integrate customer data to help managers ascertain business prospects and increase operational efficiency. BI tools comprise features like data mining, searching, querying, OLAP, dashboards, and reporting to plan strategic business decisions. Cloud, on-premises, and SaaS are common deployment methods for BI software. Standard BI tools should accommodate multiple users, provide insightful reports, adapt to existing systems/data, and ensure accurate, up-to-date customer information. BI software solutions from vendors like MicroStrategy and Tableau introduce novel features and help managers make critical decisions around cost reduction, opportunities, resource allocation, and performance management.
Using SMART KPI for Actionable Results: Advanced Strategies
Gain insights into advanced strategies for leveraging SMART KPI to achieve actionable results. Our guide covers refining KPIs, using advanced data analysis techniques, and integrating KPIs with existing technology systems. Maximize your business performance with Grow's KPI dashboard software. For more information, visit Grow.com
Why Forecasting is Important for Business Success
Learn what is Business Forecasting and how you can leverage the data for continued success.
Link to article: https://www.baass.com/blog/why-forecasting-is-important-for-business-success
How Can Business Analytics Dashboard Help Data Analysts.pdf
The Business analytics dashboard provides a centralized platform that empowers data analysts to explore, analyze, and visualize data more efficiently and intuitively, ultimately driving better decision-making. You can discover how these intuitive Business Intelligence dashboard tools enhance every aspect of data analysis and streamline a data analyst's job. Revolutionize how data analysts function and make the data analysis journey successful by visiting Grow.com.
JARVIS:BI for FMCG Sales Managers
Pykih Software LLP is an analytics company that offers the JARVIS:BI platform to help FMCG sales managers make data-driven decisions. The platform provides daily dashboards, automated reports, alerts and insights. It includes a Data Explorer tool that allows interactive exploration of large datasets. Pykih aims to provide domain expertise and contextual insights, unlike typical BI vendors, by working closely with clients. A live demo of the Data Explorer is available.
The Softer Skills Analysts need to make an impact
25 min presentation given at London Business School, to the OR Society's Analytics Network. Summarising Laughlin Consultancy's 9 step model of Softer Skills for Analysts.
Revenue Operations Analytics: A Strategic Blueprint
The true value in your KPIs is understanding how they complete the bigger picture of the customer journeys that drive the most impact for your business.
Business analytics (1).pptx
Business analytics involves using data analysis and quantitative methods to solve business problems and gain a competitive advantage. It requires high quality data, skilled analysts, and using insights to inform decisions. Challenges include integrating diverse data sources, lack of analytic skills, and data storage limitations. Popular tools are Dundas BI, Knime, QlikView, Sisense, Splunk, and Tableau. Benefits include improved efficiency, understanding customers, projections, decision making, performance measurement, and growth. The scope of business analytics is wide, from descriptive to predictive to prescriptive analysis. Key skills are business understanding, critical thinking, communication, and technical skills like programming and databases. Top recruiters are consulting, financial, technology
Digital Strategy & Planning
A comprehensive Power point slide on Digital strategy and planning covering topics like Budget Forecasting, Data Visualization, Benchmarking, SWOT Analysis, KPIs and Analytics.
Transform Data into Action
Now more than ever, organizations must capture whatโs happening in the business and transform their data into faster, smarter decisions. In this deck, youโll learn how Deloitte uses Workday Prism Analytics to harness financial, workforce, and operational data by unlocking key analytics at the most critical times.
View related videos:
Welcome to the New World of Analytics.
https://www.youtube.com/watch?v=DLOekjChar0
Build Belonging and Diversity | Insights https://www.youtube.com/watch?v=slhpTY5z68c
Partner Training: Business Plan Development
This document provides an overview of the business plan development process. It discusses the key components of a business plan, including an executive summary, company description, products/services, market analysis, management summary, and financial projections. The benefits of developing a business plan are outlined, such as obtaining funding, defining goals and strategies, and evaluating feasibility. The document then describes the steps involved in BizCentral USA's business plan writing service, which includes an initial client questionnaire, interview, research, and draft plan delivery within 10-15 business days.
What is Data analytics? How is data analytics a better career option?
Are you looking for the Best Data analytics Training Institute in Pune Aspire Techsoft offers you the best SAS Data Analytics Certification Training in Pune with Certified expert faculties.
Similar to forecasting tools and techniques (20)
Data science in demand planning - when the machine is not enough
Data science in demand planning - when the machine is not enough
ย
Introduction to Business Anlytics and Strategic Landscape
Introduction to Business Anlytics and Strategic Landscape
ย
Data-Driven Dynamics Leveraging Analytics for Business Growth
Data-Driven Dynamics Leveraging Analytics for Business Growth
ย
Using business analytics to make smarter business decisions (sadiq shariff10@...
Using business analytics to make smarter business decisions (sadiq shariff10@...
ย
Using SMART KPI for Actionable Results: Advanced Strategies
Using SMART KPI for Actionable Results: Advanced Strategies
ย
How Can Business Analytics Dashboard Help Data Analysts.pdf
How Can Business Analytics Dashboard Help Data Analysts.pdf
ย
Revenue Operations Analytics: A Strategic Blueprint
Revenue Operations Analytics: A Strategic Blueprint
ย
What is Data analytics? How is data analytics a better career option?
What is Data analytics? How is data analytics a better career option?
ย
More from VenkatasaiMalla
causes , effect and control measures of pollution (air pollution)
This document discusses the causes, effects, and control of air pollution. It defines air pollution as any physical, chemical, or biological change in the air that contaminates it. Air pollutants are divided into primary pollutants, which directly cause pollution, and secondary pollutants formed by the interaction of primary pollutants. The effects of air pollution include global warming, ozone layer depletion, and negative impacts on animals. Control measures include reducing vehicle use, conserving energy, and using clean energy resources. The major causes of air pollution are burning fossil fuels, automobile emissions, agriculture, industrial activities, mining, and domestic sources.
the nature of strategy implementation
Strategy implementation involves applying management processes to achieve desired results. It includes designing organizational structures, allocating resources, and developing information and decision-making processes. Common problems with strategy implementation are weak strategies, lack of proper training, insufficient resources, poor communication, and lack of follow through. There are different types of strategy implementation such as institutionalizing strategy, setting an organizational climate conducive to the strategy, developing operating plans, designing organizational structures, and periodically reviewing the strategy.
Forward integration
The document discusses forward integration, which is a business strategy where a company owns and controls activities further down the value chain, such as direct distribution of its products. Forward integration is effective when there are few quality distributors, distributors have high profit margins, distributors are expensive or unreliable, the industry is growing, or the company has the resources to manage new business activities. Examples provided are Aashirvaad atta manufacturing its own flour and then selling directly to customers, and Apple opening its own retail stores for direct sales after issues with other retailers.
What is Strategy and Features of Strategy
Strategy is defined as the actions that managers take to achieve organizational goals and provide direction for the company. It results from strategic planning and takes into account goals, uncertainties, and how others may behave. Key features of strategy include having specialized plans to outperform competitors, detailing how to respond to business environment changes, redefining direction towards common goals, and maximizing chances of achieving objectives. Strategy relates the firm to its external environment in setting objectives and allocating resources, and considers both external and internal factors like strengths and weaknesses to determine the right combination of actions for a given situation.
SEARCH ENGINE OPTIMIZATION AS A TOOL IN MODERN DIGITAL MARKETING WORLD PPT
Search engine optimization (SEO) is an important tool in digital marketing. SEO involves optimizing websites to rank higher in search engine results pages. It has become more important as people conduct many searches online each year looking for information. SEO has evolved over time as search engines develop new features like knowledge panels. Effective SEO follows best practices like providing high-quality content, optimizing site speed and ensuring mobile-friendliness, while avoiding black hat techniques that violate search engine guidelines. SEO copywriting is important to appeal to target audiences and encourage desired actions. Digital marketing more broadly uses various online channels to connect with customers.
SEARCH ENGINE OPTIMIZATION AS A TOOL IN MODERN DIGITAL MARKETING WORLD
This document is a project report submitted for a Bachelor's degree in Business Administration. It discusses search engine optimization (SEO) as a tool in digital marketing. The report includes declarations, certificates, acknowledgements, an executive summary, table of contents, and sections on the introduction, history of SEO, marketing, differences between traditional and digital marketing, the components of an SEO strategy, SEO research, types of SEO, relationships with Google, SEO as a marketing strategy, the scope of SEO, a SWOT analysis, objectives, limitations, literature review, and conclusions.
CUSTOMER PERCEPTION TOWARDS DIFFERENT INVESTMENT AVENUS
1. The document analyzes customer perception towards different investment avenues based on a study of 110 respondents in India.
2. It finds that most respondents were between 20-30 years old, invested for long-term goals like retirement and children's education, and sought advice from family and magazines on investment decisions.
3. The study concluded that perceptions of different investment avenues like stocks, gold, and savings accounts varied across age groups and income levels but the decision-making process was generally similar regardless of gender. Safety, returns, and risk tolerance most influenced investment choices.
Summer internship report at ifortis corporate
The document discusses Sandesh Andavarapu's summer internship report at IFortis Corporate. It provides an overview of IFortis, describing its evolution from an IT services company to establishing its own headquarters in India. It outlines IFortis' vision of providing dedicated client service and mission of creating employment opportunities. It also describes AaramBh 3.0, IFortis' virtual youth festival to be held in August 2021 featuring various digital events. Sandesh discusses sales and marketing funnels, the sales process, overcoming objections, and provides Netflix as a case study of an effective sales funnel.
customer perception towards different investment avenues
1) The document discusses factors that influence investors' choices in investment avenues. It analyzes how demographics, objectives, budgeting, returns, and advice impact decisions.
2) A survey of 110 investors found most were students under 35 with an income under Rs. 2 lakhs. Most sought long-term growth through stocks, real estate, insurance or savings.
3) The conclusion is investors across gender and age have similar preferences for safe assets like gold and real estate. Income levels influence choices for post office savings more than other avenues. Investors generally seek both short and long-term returns on capital.
CREIDIT RATING AGENCY report
This document is a student research project on credit rating agencies that was prepared by S. Avinash and supervised by Dr. Debi Prasad Satapaty. It discusses credit rating agencies, including their objectives and major findings. Some key points include: credit rating agencies evaluate creditworthiness and assess ability to repay debt; major agencies in India include CRISIL, ICRA, CARE, and Fitch; and credit ratings play a central role in debt markets by helping investors and lending institutions assess risk.
Service and charactertistics of service
The document defines and describes the characteristics of services. It begins by defining a service as a transaction where no physical goods are transferred, but rather benefits are demonstrated by a consumer's willingness to exchange. There are two main types of services: core services, which are the primary purpose of a transaction, and supplementary services, which are rendered alongside the sale of a tangible product. The key characteristics of services are that they are intangible, variable between instances, perishable after being provided to a customer, and produced and consumed simultaneously.
Do The Marketing Mix (4ps) Analysis Of boost
Boost is a popular health drink launched in 1975 in India by GlaxoSmithKline. It targets children ages 8-14, especially boys. South India is a major market. Boost uses a distribution network of depots, wholesalers, and retailers like grocery stores and supermarkets to get its products to consumers. It maintains competitive pricing similar to rivals to appeal to both rural and urban customers. Promotions focus on sports and feature cricketers endorsing Boost as the source of their energy.
primary market report
The document discusses a student research project on the primary market. It provides definitions of the primary market as dealing with the issuance and sale of new securities directly from the issuer to investors. Companies, governments, and public institutions can raise funds through new stock or bond issues in the primary market. The objectives of the study are to understand investor preferences for different sectors/industries, factors affecting decisions in new primary issues, and major information sources for investors. The methodology and findings of the study are also summarized.
gap model of service quality
The document discusses the GAP model of service quality. There are four key gaps between a customer's expected service and perceived service: 1) the provider gap between customer expectations and company perceptions, 2) the design gap between company perceptions and service quality specifications, 3) the performance gap between specifications and actual service delivery, and 4) the communication gap between what is promised and what is delivered. Addressing these gaps can help companies better meet customer expectations and improve customer satisfaction.
Patanjali marketing mix(4ps) analysis retail brands
This document analyzes the marketing strategy and marketing mix (4Ps) of Patanjali, an Indian FMCG company. It discusses Patanjali's product strategy, including its diverse product range across categories like cosmetics, food, healthcare, and more. It then examines Patanjali's pricing strategy, noting that prices are set in relation to competitors in each segment. The document also summarizes Patanjali's distribution strategy through partnerships with retailers and its online presence. Finally, it outlines Patanjali's promotional strategy, highlighting the role of yoga guru Ramdev Baba as brand ambassador and the company's aggressive advertising campaigns.
the lease and hire purchase in india
1) The document is a student research project on lease and hire purchase in India. It discusses lease financing and hire purchase, analyzing literature on the topics and the major findings of Shiram Investment Limited, a company that provides hire purchase for truck financing.
2) It finds that Shiram Investment Limited has significantly increased the number of branches providing truck financing over the past years and also increased the number of trucks financed from 1998 onward.
3) The conclusion is that lease financing and hire purchase are important asset financing methods, with leasing involving the lessee renting the asset from the lessor who maintains ownership, while hire purchase allows the hirer to become the owner after paying installments.
Indian captial market in india ppt
The document discusses the capital market in India. It provides background on capital markets and how they are used to raise funds through financial instruments like stocks and bonds. It then reviews literature on past research conducted on the Indian capital market and its reforms. The objectives and methodology of the current study are outlined. There is a brief history of the Indian capital market dating back 200 years. The primary and secondary capital markets are defined. In conclusion, the document states that the Indian capital market has transformed radically in the last decade but was once considered quite risky globally.
The lease and hire purchase in india
The document discusses lease financing and hire purchase in India. It provides an introduction to lease financing and hire purchase, noting they allow businesses to use assets for a fixed period in exchange for regular payments. Literature on the topic is reviewed, covering studies of the leasing industry in India and analyses of international leasing. The objectives are outlined as explaining lease financing and hire purchase concepts, types of lease financing, essential features, and an example of truck financing. Data analysis and conclusions sections follow the literature review and objectives.
Banking system in India
The document presents information on the banking system in India. It discusses that the Reserve Bank of India (RBI) is India's central bank and was established in 1935. The RBI regulates scheduled and non-scheduled banks. Scheduled banks names appear in RBI's second schedule and include public sector banks, private sector banks, foreign banks, and regional rural banks. Co-operative banks primarily serve farming communities and include urban cooperative banks, state cooperative banks, and district cooperative banks. The National Bank for Agriculture and Rural Development provides financing for agriculture and rural development.
More from VenkatasaiMalla (20)
causes , effect and control measures of pollution (air pollution)
causes , effect and control measures of pollution (air pollution)
ย
SEARCH ENGINE OPTIMIZATION AS A TOOL IN MODERN DIGITAL MARKETING WORLD PPT
SEARCH ENGINE OPTIMIZATION AS A TOOL IN MODERN DIGITAL MARKETING WORLD PPT
ย
SEARCH ENGINE OPTIMIZATION AS A TOOL IN MODERN DIGITAL MARKETING WORLD
SEARCH ENGINE OPTIMIZATION AS A TOOL IN MODERN DIGITAL MARKETING WORLD
ย
CUSTOMER PERCEPTION TOWARDS DIFFERENT INVESTMENT AVENUS
CUSTOMER PERCEPTION TOWARDS DIFFERENT INVESTMENT AVENUS
ย
customer perception towards different investment avenues
customer perception towards different investment avenues
ย
Patanjali marketing mix(4ps) analysis retail brands
Patanjali marketing mix(4ps) analysis retail brands
ย
Recently uploaded
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
(๐๐๐ ๐๐๐) (๐๐๐ฌ๐ฌ๐จ๐ง ๐)-๐๐ซ๐๐ฅ๐ข๐ฆ๐ฌ
๐๐ข๐ฌ๐๐ฎ๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐๐ ๐๐ฎ๐ซ๐ซ๐ข๐๐ฎ๐ฅ๐ฎ๐ฆ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐ง๐๐ฌ:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
๐๐ฑ๐ฉ๐ฅ๐๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐ ๐๐ง๐ ๐๐๐จ๐ฉ๐ ๐จ๐ ๐๐ง ๐๐ง๐ญ๐ซ๐๐ฉ๐ซ๐๐ง๐๐ฎ๐ซ:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.ppt
The History of NZ 1870-1900.
Making of a Nation.
From the NZ Wars to Liberals,
Richard Seddon, George Grey,
Social Laboratory, New Zealand,
Confiscations, Kotahitanga, Kingitanga, Parliament, Suffrage, Repudiation, Economic Change, Agriculture, Gold Mining, Timber, Flax, Sheep, Dairying,
BรI TแบฌP Dแบ Y THรM TIแบพNG ANH LแปP 7 Cแบข NฤM FRIENDS PLUS SรCH CHรN TRแปI SรNG Tแบ O ...
BรI TแบฌP Dแบ Y THรM TIแบพNG ANH LแปP 7 Cแบข NฤM FRIENDS PLUS SรCH CHรN TRแปI SรNG Tแบ O ...Nguyen Thanh Tu Collection
https://app.box.com/s/qhtvq32h4ybf9t49ku85x0n3xl4jhr15ย
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh - RAYH...
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh
A Visual Guide to 1 Samuel | A Tale of Two Hearts
These slides walk through the story of 1 Samuel. Samuel is the last judge of Israel. The people reject God and want a king. Saul is anointed as the first king, but he is not a good king. David, the shepherd boy is anointed and Saul is envious of him. David shows honor while Saul continues to self destruct.
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Whether you're new to SEO or looking to refine your existing strategies, this webinar will provide you with actionable insights and practical tips to elevate your nonprofit's online presence.
Educational Technology in the Health Sciences
Plenary presentation at the NTTC Inter-university Workshop, 18 June 2024, Manila Prince Hotel.
How to deliver Powerpoint Presentations.pptx
"How to make and deliver dynamic presentations by making it more interactive to captivate your audience attention"
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Aberdeen
BรI TแบฌP Bแป TRแปข TIแบพNG ANH LแปP 9 Cแบข NฤM - GLOBAL SUCCESS - NฤM HแปC 2024-2025 - ...
BรI TแบฌP Bแป TRแปข TIแบพNG ANH LแปP 9 Cแบข NฤM - GLOBAL SUCCESS - NฤM HแปC 2024-2025 - ...Nguyen Thanh Tu Collection
https://app.box.com/s/tacvl9ekroe9hqupdnjruiypvm9rdaneย
How Barcodes Can Be Leveraged Within Odoo 17
In this presentation, we will explore how barcodes can be leveraged within Odoo 17 to streamline our manufacturing processes. We will cover the configuration steps, how to utilize barcodes in different manufacturing scenarios, and the overall benefits of implementing this technology.
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
Ivรกn Bornacelly, Policy Analyst at the OECD Centre for Skills, OECD, presents at the webinar 'Tackling job market gaps with a skills-first approach' on 12 June 2024
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
Practical manual for National Examination Council, Nigeria.
Contains guides on answering questions on the specimens provided
ู
ุตุญู ุงููุฑุงุกุงุช ุงูุนุดุฑ ุฃุนุฏ ุฃุญุฑู ุงูุฎูุงู ุณู
ูุฑ ุจุณูููู.pdf
ู
ุตุญู ุงููุฑุงุกุงุช ุงูุนุดุฑ ุฃุนุฏ ุฃุญุฑู ุงูุฎูุงู ุณู
ูุฑ ุจุณูููู.pdfุณู
ูุฑ ุจุณูููู
ู
ุตุญู ุฃุญุฑู ุงูุฎูุงู ูููุฑุงุก ุงูุนุดุฑุฉุฃุนุฏ ุฃุญุฑู ุงูุฎูุงู ุจุงูุชูููู ูุตูุง ุณู
ูุฑ ุจุณูููู ุบูุฑ ุงููู ููย
Stack Memory Organization of 8086 Microprocessor
The stack memory organization of 8086 microprocessor.
Recently uploaded (20)
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
ย
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.ppt
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.ppt
ย
BรI TแบฌP Dแบ Y THรM TIแบพNG ANH LแปP 7 Cแบข NฤM FRIENDS PLUS SรCH CHรN TRแปI SรNG Tแบ O ...
BรI TแบฌP Dแบ Y THรM TIแบพNG ANH LแปP 7 Cแบข NฤM FRIENDS PLUS SรCH CHรN TRแปI SรNG Tแบ O ...
ย
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh - RAYH...
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh - RAYH...
ย
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
ย
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
ย
REASIGNACION 2024 UGEL CHUPACA 2024 UGEL CHUPACA.pdf
REASIGNACION 2024 UGEL CHUPACA 2024 UGEL CHUPACA.pdf
ย
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
ย
BรI TแบฌP Bแป TRแปข TIแบพNG ANH LแปP 9 Cแบข NฤM - GLOBAL SUCCESS - NฤM HแปC 2024-2025 - ...
BรI TแบฌP Bแป TRแปข TIแบพNG ANH LแปP 9 Cแบข NฤM - GLOBAL SUCCESS - NฤM HแปC 2024-2025 - ...
ย
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
ย
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
ย
ู
ุตุญู ุงููุฑุงุกุงุช ุงูุนุดุฑ ุฃุนุฏ ุฃุญุฑู ุงูุฎูุงู ุณู
ูุฑ ุจุณูููู.pdf
ู
ุตุญู ุงููุฑุงุกุงุช ุงูุนุดุฑ ุฃุนุฏ ุฃุญุฑู ุงูุฎูุงู ุณู
ูุฑ ุจุณูููู.pdf
ย
forecasting tools and techniques
- 1. Forecasting Tools and Techniques MALLA VENKATA SAI 190209120018 Pkd campus
- 2. Forecasting โข Forecasting is an important part of your business strategy โ here are some techniques and tools to use. โข Essentially, forecasting lets a business look at past trends plus their current position and predict a future. โข You can use business forecast tools to help predict sales, budgets, and more. Having an accurate picture of your businessโs potential using data and market trends can help you set and meet objectives. โข Here are some of the fundamental forecasting tools and techniques to help you plan and strategize effectively.
- 3. There are several business forecasting methods that might work for your business that will help you understand past trends and potential demand. The right technique might depend on what industry is using it. Here are some of the general forecasting models often used by businesses. Qualitative This method is appropriate where no hard data is available. Startups, for instance, canโt project against past data, because there is no past data for their business. They must use a subjective approach then, that looks at the industry, market research, and relies on opinions of industry experts. Quantitative Quantitative methods forecast the future through looking at past data. This measurable, method- based, analytical mode is appropriate for several statistical forecasting needs, including short-term goals and planning. Business Forecasting Techniques
- 4. Forecasting Tools Strategic management of any goals requires accurate data to plan from. To find, gather and analyze the most accurate data โ and utilize it in your planning โ you need the right tools. Hereโs a list of current, reliable tools to try when working on forecasting for your business. Demand Works Demand Works offers forecasting software for businesses that run 100% in browsers, so you can run the software from servers, the cloud, or your desktop. Their demand planning software is specifically for inventory management, capacity planning, and sales and operation planning.
- 5. QuickBooks QuickBooks is a go-to resource for anyone looking for accounting software. Because of their robust platform, you can generate trend reports and forecasting reports that will help you in planning financial and budgeting objective. Tableau Tableau has been touted as a great software solution for forecasting for business intelligence goals. It helps you get an accurate picture of several different areas of business and strategize around the data.
- 6. Thank you