In many companies, forecasts are the primary driver that guides business activity
The forecasting value chain is both a concept and a goal. It is defined by the information flows and interactions between forecasting groups and other functional groups within organizations. There are many types of business forecasting – such as demand planning, unit sales forecasting, inventory planning, capacity planning, and financial forecasting, to name just a few. In many companies, forecasts are the primary driver that guides business activity.
Companies that implement technologies and processes that build a forecasting value chain will enjoy greater customer satisfaction, profitability, and flexibility for adapting to an everchanging business environment. Quantrix and Forecast Pro represent a powerful, affordable solution for achieving those goals.
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