Cupertino, CA -- (SBWIRE) -- 12/04/2014 -- The recent Forecast Errors newsletter, suggested if there is one thing about predicting the future that always comes true, it is that everyone, from time to time, gets things wrong. The same applies to financial forecasts. A whole host of unpredictable factors can affect the accuracy of the financial planning and analysis (FP&A) team and alter the whole strategy or direction of the company. The newsletter described what separates best-in-class companies from those that struggle with accuracy is how they root out (and learn from) forecasting errors.
To read the newsletter, go to: http://info.ultriva.com/newsletter/volume-i-issue-1-november-17-2014
Forecast Errors, a weekly e-newsletter, shares methods, modes, and tools used in a variety of supply chain industries. The newsletter explores forecast errors as the difference between the actual and predicted value. In the current issue, Forecast Errors argued that what separates best-in-class companies from those that struggle with accuracy is how they root out (and learn from) forecasting errors.
To subscribe to Forecast Errors, go to: http://info.ultriva.com/newsletter
Ultriva's (http://www.ultriva.com) cloud-based platform leverages seamlessly integrates with leading ERP and MRP systems, to deliver an end to end pull based replenishment solution. Ultriva, based in Cupertino, CA, implements a global demand driven manufacturing model by providing full visibility, scheduling, and sequencing of production of customer orders. Ultriva was named one of the Great Supply Chain Projects of 2014 by Supply & Demand Chain Executive magazine and recently named one of 50 Best Supply Chain Blogs of 2014 by SupplyChainOpz. The company's global footprint is increasing rapidly with implementations in wide variety of industry sectors and enterprises such as Magellan Aerospace, CareFusion, Emerson, Ingersoll Rand, McKesson, Triumph Group, Regal Beloit, Thermo Fisher, and more.
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