Forecasting
and Planning can be as simple or complex as you need them to be, and extend
from publishing a basic production schedule to running a complete CPFR
system.
Supply chains
run more smoothly when best practice Forecasting and Planning procedures
are in place as you will find it easier to analyse real-time information
about, inventory, sales, forward orders and trends, easier to implement
a just-in-time (JIT) strategy and easier to replenish stocks and meet
orders.
Forecasting Data
Sales forecasting is a vital information resource which is critical to
the efficiency of your business and if customers insist on being volatile
your supply chain must adapt.
RESCU Solutions see improved forecasting and a more responsive supply
chain as the key ingredients to a virtuous circle of improvement in customer
service. Good forecasting reduces the need for instantly responsive supply
chain: responsive supply chains reduce the need for clairvoyance in forecasts.
RESCU Solutions focus on both aspects as together they increase your ability
to guarantee levels of service.
Be aware!! In order to reap the rewards of good forecasting data, your
information needs to flow efficiently to your supply base. RESCU Solutions
will gladly provide you with new forecasting techniques and process improvements
to increase your forecast accuracy, but in many businesses the data is
already accessible, it is simply poor internal communication processes
and compartmentalised systems which restrict the information flow through
the business.
RESCU Solutions can provide substantial internal and external communication
improvements through e-enablement of internal processes or relationships
with both customers and suppliers.
The only thing you can
accurately forecast about a forecast is that it will be wrong.
“
In preparing for battle
I have always found that plans are useless, but planning is indispensable.” –
Dwight D Eisenhower