As the name suggests, production planning is simply a projection of future business--or production--activity. Many companies rely on certain mainstay products to drive company profits. To ensure that ...

Organizations use forecasting methods of production and operations management to implement production strategies. Forecasting involves using several different methods of estimating to determine ...

Financial forecasting is the act of estimating future financial outcomes for a business or an investment. It is a critical process in financial planning and decision-making. It employs statistical ...

Supply chain forecasting is becoming an increasingly critical component of operational success. Accurate forecasting enables companies to optimize inventory levels, reduce waste, enhance customer ...

Finance professionals are taking on strategic duties in addition to traditional reporting and compliance roles, and they’re becoming more influential in their organizations. But they still have an ...

Nick Chandi is the CEO of Forwardly, an award-winning payment platform that helps US businesses send and receive payments in 60 seconds. Running a small business can be unpredictable, but financial ...

Editor’s Note: Ben YoKell is principal for the Demand Planning Intelligence Consortium (DPIC) at Chainalytics. In the current environment of proliferating product portfolios and increasing demand ...

Estimating the demand for products or services is crucial for medical device manufacturers considering the dynamism in the market today. Insights into these factors not only help plan for future ...

Strategic foresight can be gained through more than one lens. Beyond the microscope of simple budgeting and the macroscope of geopolitics lie still other tools for probing the future. As I settle into ...