How to Master Business Forecasting
THE LITTLE (Illustrated) BOOK OF OPERATIONAL FORECASTING
A short introduction to the practice and pitfalls ofcshort term forecasting...and hw to increase its value to the business
Operational forecasting sits at the heart of many businesses because it informs every decision taken to get the right amount of product (or service capacity), in the right place, at the right time.
But is also one of the most misunderstood and undervalued activities.
As a result, most businesses carry enormous amounts of unnecessary inventory while simultaneously failing to offer their customers the level of service that they expect.
At best, the managers in these businesses may suspect there is scope for improvement but have no idea how much process waste ‘weight’ they can lose or how to go about shedding it. At worst, they assume that trying harder and investing in more clever software will automatically take care of the problem because they are blind to the unnecessary kilos they are dragging around.
This book demystifies operational forecasting through a series of bite sized ‘lessons’ supported by simple illustrations, that address the fundamental questions that anyone with a stake in operational forecasting needs to be able to answer:
Why forecast? What do we stand to gain?
What do we need to understand before we start forecasting?
How best to forecast?
What does success look like?
How can we improve?
And the best news of all is the biggest gains come from doing less dumb stuff rather than more clever stuff.
Aimed primarily at forecasting practitioners and anyone responsible for, or reliant on, what they do, this book also is an excellent primer for anyone wanting to understand the principles of good operational forecasting, but not the daunting mathematics.
By making these ideas accessible in a small, easy to read book I am hoping that readers will want to share them with friends and colleagues. Because I have avoided traditional publishers I can provide multiple copies (5 or more) at discounted rates. I can also customise the cover or the content of the books.
For more information about bulk orders or customised copies please contact me directly.
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