Forecasting process benefits from simple solutions

When a large multinational instruments company wanted to develop and improve the logistics and procurement capability for its $400 million North American sales and service organisation it needed to better manage input into demand planning, which drove procurement, shipping, and storage of instruments and spare parts. An Excel-based tool with minimal mathematical capability (moving averages, seasonal adjustment calculations, and the like) was built which provided a vehicle for integrating marketi...

BPIR Categories

5.5.2 Manage inventories
5.5.5 Implement systems for managing production/delivery
5.1.1 Plan key production & delivery processes