Case Study

DATA-INFORMED FORECAST FOR INDUSTRIAL PACKAGING

DATA-INFORMED FORECAST FOR INDUSTRIAL PACKAGING

Pages 10 Pages

DATA-INFORMED FORECAST FOR INDUSTRIAL PACKAGING Industrial Packaging Company Sales Forecast by City Prevedere Inc.| An Intelligent Forecasting CompanyUnderstanding Key External Drivers by Product and Region Prevedere worked with corporate and divisional finance to uncover key demand drivers by product line and geographiesTHE PROBLEM The global industrial packaging industry is facing some headwinds in steel drums and plastics, and tailwinds for paper and cardboard. This shifting demand creates uncertainty and missed forecasts resulting in excess cost and lost revenue as a result. Without an accurate plan, the ability to allocate resources and optimize working capital is at tremendous risk. Industrial packaging is more volatile than ever before.THE CHALLENGE 1. Identify geog

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