Report: Forecasting in flux
Forecasting is hard. Now, with ever evolving consumer demands and global macroeconomic uncertainty, it’s even harder.
Since 2020, 98% of executives have faced detrimental effects due to bad forecasts. Material shortages. Missed revenue opportunities. Decreased customer satisfaction and profitability.
But there is a path forward: supply chain flexibility. Discover key insights from Forecasting in Flux, a recent Harvard Business Review Analytic Services report, sponsored by Flexe.
91%
of respondents indicate that demand forecasts are on average below 90% accurate
8%
of respondents are very satisfied with their organization’s demand forecast accuracy
45%
of respondents missed revenue opportunities due to inaccurate forecasts
Report
Forecasting in flux
Inaccurate forecasts undermine even the best laid plans. But there is a path forward: supply chain flexibility.
Discover key insights from Forecasting in Flux, a recent Harvard Business Review Analytic Services report, sponsored by Flexe.- The common causes of forecast challenges
- The business impacts of inaccurate forecasts
- Steps to meet—and overcome—these challenges
- Methods to increase customer satisfaction and reduce risk through supply chain flexibility