This includes people, processes, and technology. However, when asked about the return of investment on such an improvement, the answers are not always forthcoming. It is not straightforward to answer the question: How much is a 1% improvement in forecast accuracy worth to the business?

Fortunately, serious research has been done on this topic. In this webinar, we will share some methodology to dollarize the return on investment (ROI) from improvements in the forecast and how one can apply it to their business. Participants will be able to carry the knowledge back to their business and apply the ROI calculations in trying to sell the demand planning project internally, or to calculate the ROI of a recently finished project.

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About the presenter: Sujit Singh

Vicki

As COO of Arkieva, Sujit manages the day-to-day operations at Arkieva such as software implementations and customer relationships. He is a recognized subject matter expert in forecasting, S&OP, and inventory optimization. Sujit received a Bachelor of Technology degree in Civil Engineering from the Indian Institute of Technology, Kanpur, and an M.S. in Transportation Engineering from the University of Massachusetts. Throughout the day don’t be surprised if you find him practicing his cricket technique before a meeting.