Go back to basics for future success in demand planning, forecasting
In today's tough economy, many corporations look for a magic bullet or quick solution to address all their business issues. With the fast pace of technological advancements, many organizations rely heavily on what technology can do for them. This approach, however, can lead to an automated yet erroneous and inefficient way of forecasting and planning demand. Good advice from experts is to keep in mind essential principles for increasing the likelihood of achieving success with your organization's demand planning and forecasting strategy.
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