Case Study

OPTIMIZING WORKING CAPITAL THROUGH ACCURATE FORECAST

OPTIMIZING WORKING CAPITAL THROUGH ACCURATE FORECAST

Pages 9 Pages

OPTIMIZING WORKING CAPITAL THROUGH ACCURATE FORECAST Leading Retail Corporation Prevedere & Anaplan Case Study Prevedere Inc.| An Intelligent Forecasting Company OneCloudLeveraging more accurate forecast to inform major decisions For this retailer, growth is a key driver of success. But, how can you grow if you are holding back working capital due to inaccurate expense forecasting? Inaccurate forecasts tie up millions of dollars each year that could be used to open new stores and increase revenue and profit.THE PROBLEM Historical forecasting of significant expense items such as utilities was overestimating each year. As a multibillion-dollar company with thousands of stores, this adds up quickly. This conservative culture under forecast sales by major category, as well.

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