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Master Planning of Resources - page 3 / 44

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Why Forecast?

To plan for the future by reducing uncertainty

To facilitate a company in taking control of operations. Without forecast, it would be a chaos.

To anticipate and manage change

To increase communication and integration of planning teams

To anticipate inventory and capacity demands and manage lead times

To project costs of operations into budgeting processes

To improve competitiveness and productivity through decreased costs and improved delivery and responsiveness to customer needs

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