Businesses in the building trade typically rely on a global network of suppliers to satisfy the needs of their customers. Consequently, lengthy lead times of up to several months are the norm for businesses in this sector. As a result, suppliers and distributors of building materials depend upon accurate long-range demand forecasts in order to satisfy future demand.
We have put together a simple 6 step guide to help you significantly increase the quality your forecasts and overcome the following challenges:
Choosing the right forecast procedureIdentifying the cause of forecast errorAccount for evolving Product lifecyclesTaming the bullwhip effectMaintaining a responsive forecastIdentifying true demand patternsPlease select your location to see content specific to your country
