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Accurate Sales
Forecasting : Best Practices
A round table
discussion for private company CEOs/CFOs
Date: March
31, 2010 - 8:00 AM - 9:30 AM,
Roseville, CA
Location: Exact location disclosed only to
participating CxOs
Cost: Members - Free or $50
, depending on your membership level
Non-members : $100.
Strictly No walk-ins
Forecasting sales is never easy. There as many
reasons why forecasts are missed as there are
customers—the economy, misunderstood sales pipeline,
customer budget cuts, competition, market shifts,
product inadequacies, supply shortages, etc. It is
especially difficult when you you don’t have any
previous sales history to guide you, which happens if
you are launching a new product or entering a new
market. And an unpredictable economy complicates things
as well.
Anyone who ever carried a quota can create an
explanation of how things did not turn out according to
how they were “supposed to”. If you are in a
manufacturing environment, sales forecasting is even
more important as it drives manufacturing line
production, which in turn drive inventory, supply,
costs, and ultimately revenues. Most supply problems
result from poor forecasting.
It is not just enough to have a tool – salesforce.com or
Netsuite to do forecasting. Tools will produce only what
humans provide as input. This is why the accuracy of
sales forecasting needs new thinking.
At our next Executive Network event, we will feature
a round table consisting of technology executives from Numonyx, First American and other companies, who
have gone through the process and have best practices on
implementing an accurate forecasting system. As at every
one of the events, you will be an active participant and
as such you are invited to submit your questions to the
moderator ahead of time. Please click on the link below
to be pre-approved for this invite-only event first.
Seating is limited to 15 executives and TechCoire
members receive priority registration
Click here to register for this event.
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