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Why Forecasting Isn’t Enough?

By Martin Rowan November 13, 2015 - Blog, Supply Chain Management by Kelly Kuhlman

A recent white paper, “Seven Methods That Improve Forecast Accuracy,” suggests that a range of forecasting methods helps companies achieve better results. It cites Gartner, arguing, “companies that excel at demand forecasting average 15% less inventory, 17% stronger perfect order fulfillment, 35% shorter cash-to-cash cycle times, and one-tenth as many stock-outs as their peers.” While forecast…

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