22 Jan '15, 3pm

3 Demand Forecast Practices to Make Customers Happy

Just about everyone in the microelectronics industry is familiar with two patterns: Moore's Law and the Semiconductor Cycle . These two cycles have taught me the power of patterns and forecasting. Our industry understands how to identify and use patterns to accurately forecast demand, inventory, product development and revenues. Patterns related to demand forecasting not only allow businesses to forecast inventory levels but also helps them better plan revenue and inventory levels, and helps them exceed customer expectations. By tying into the expertise and tools available within our industry, we can better forecast demand, resulting in fewer peaks and valleys in revenue, inventory, and customer satisfaction. For a company to identify and take advantage of the patterns related to demand forecasting, they need to follow three best practices: Implement forecasting software I...

Full article: http://www.ebnonline.com/author.asp?section_id=3745&doc_i...

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