Demand and Capacity Planning Helped a Machine Manufacturing Company to Reduce Demand Forecasting Errors by 10%

Demand and Capacity Planning Helped a Machine Manufacturing Company to Reduce Demand Forecasting Errors by 10%

Demand and Capacity Planning Helped a Machine Manufacturing Company to Reduce Demand Forecasting Errors by 10%

A leading player in the machine manufacturing industry wanted to reduce the percentage error in their demand forecasting approach, which was approximately 45%. The inconsistent nature of their current demand and capacity planning processes curtailed their ability to manage inventory stocks and ensure the ready availability of high-demand products. The Business Challenge Demand and capacity [...]

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