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Collaborative Forecasting: Planning for Recovery

Date: May 14, 2009
Time: 2:00 - 3:00pm est
Cost: Free
Where: From your desktop

MITSDC ExecJohn Galt

Forecasting has become extremely challenging during these uncertain times. Demand and inventory planners across every industry need to keep inventories low, but they don’t want to be caught off guard when the economy starts to recover and demand begins to rise. With today’s complex global supply chains there’s little room for error. That’s why most companies are relying on collaborative forecasting.

With collaborative forecasting, demand planners have the ability to systematically collaborate with sales, finance, marketing and operations -- as well as suppliers and customers -- to create a more accurate forecast. This feedback can provide visibility into areas that demand planners wouldn’t otherwise be able to see, allowing enterprises to plan more effectively for demand, improve customer service, and optimize inventory levels.

Dr. Larry Lapide, of MIT will moderate a panel that includes supply chain planners from consumer and industrial products companies. These industry leaders – some just getting started with collaboration and others with more experience – will discuss the challenges they face and the techniques and technologies they are using to prepare their supply chains for recovery.

During this webinar our panelists will discuss:
• Increasing collaboration with sales
• Leveraging charts and graphs to simplify the planning process
• Planning demand at more granular levels
• Reviewing forecasts via the web with key customers

Supply chain panelists include:
• Tracey Quillin, Sales Analyst, PetSafe
• Guy Pearson, Manager of Demand Planning, Milwaukee Electric Tool Corp

Please join MIT, Supply & Demand Chain Executive magazine and John Galt Solutions on May 14 to learn more.

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