For public companiesmay leadan inaccurate forecast
all the issuescan leadto inaccurate forecasts
A poor model specificationcan resultin inaccurate forecasts
key metricsinfluencingforecasting accuracy
If not , significant errors will propagateresultingin inaccurate forecasts
therefore changes among teamscausinginaccurate forecasts
demandcan leadto inaccurate forecasts
the problemcausedthe problem
confusion and chaoshave causedconfusion and chaos
to the waste of the city 's budgetcontributedto the waste of the city 's budget
to a huge build - up of inventoryledto a huge build - up of inventory
utilities to initially rely on their own crews rather than call for mutual aid , delaying repair workledutilities to initially rely on their own crews rather than call for mutual aid , delaying repair work
to unexpected price variationsleadingto unexpected price variations
to reliability issuescan leadto reliability issues
to a loss of $ 1ledto a loss of $ 1
in either high or low electrical useresultingin either high or low electrical use
to incorrect decisionsmay leadto incorrect decisions
to worse gross marginsleadsto worse gross margins
to a reduction in inventory , cycle time and waste , which lowers the total cost to the businessleadsto a reduction in inventory , cycle time and waste , which lowers the total cost to the business
to reduced waste Manage dynamic production schedulesleadingto reduced waste Manage dynamic production schedules
a ) Deficit(passive) caused bya ) Deficit
oftencontributesoften
to unfavourable business scenariosmay leadto unfavourable business scenarios
many to conclude that Elliott Wave Theory is obsoletewill leadmany to conclude that Elliott Wave Theory is obsolete
to overstocks and possible obsolescenceleadingto overstocks and possible obsolescence
in an excess expenditure of effort by executives , sales management , sales ops , and finance to successfully manage company resultsresultin an excess expenditure of effort by executives , sales management , sales ops , and finance to successfully manage company results
to improvements along the entire sales and operations planning process and related KPIsleadingto improvements along the entire sales and operations planning process and related KPIs
low utilization of capacity and other problems in productioncan also causelow utilization of capacity and other problems in production
in accurate inventoryresultin accurate inventory
to inaccurate ordersleadto inaccurate orders
to a serious confidence problemleadto a serious confidence problem
up forecasting and outline training for the team on how to manage and use itSetup forecasting and outline training for the team on how to manage and use it