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Forecasting in a Challenging Business Environment: Lessons From Procter & Gamble
Developing accurate forecasts is never easy. The current economic environment makes it even more challenging and many businesses have a bias to over forecast. At the same time, businesses need the most accurate volume forecast possible to enable effective planning and decision making. It is important to understand that this is a business issue,... »
YES WE CAN Align our Volume Forecasts with our Financial Forecasts and Work with a Single Number for a Long Term Time Horizon
Dr. Jain (Chief Editor of the IBF’s Journal of Business Forecasting), and I have recently been collaborating on an article that is a wake up call for Planning organizations to have their house in order so they can recognize the signals for an economic recovery. I am a proponent for completeness and integrity of... »