Proven Best Practices for More Accurate Manufacturing Forecasting

Forecasting is critical for demand planning, managing inventory levels, manufacturing efficiency and many other core functions within orthopedic device companies and contract manufacturers. Forecasting with limited tools and data leads to a subpar accuracy rate and inefficient uses of manpower, resources and production capacity. This session provides strategies that lead to more accurate forecasting and outlines essential techniques and tools to make informed decisions that improve your success rate.

Learning Objectives:
• Understand how to successfully implement new data collection and forecasting approaches
• Learn about common forecasting mistakes — and how to avoid them
• Receive strategies for monitoring the accuracy of forecast predictions over time