Forecasting Recreation/Entertainment Reporting Uncertainty 
bridgei2i
JUNE 3, 2020
Consumers feel threatened by the prolonged uncertainty, not having had to deal with anything like it, in their lives. Demand for home-entertainment is up, as opposed to cinema/movie theatres. Forecasting models have to be created keeping in mind this uncertainty, and key indicators need to be identified for early detection.
Jet Global
NOVEMBER 16, 2021
Some KPIs are too detailed to be reported to top management, and some KPIs are too general for middle managers and supervisors. Leading indicators predict performance whereas lagging indicators report on it. Using a BI software will help unify the information and ensure that your team always has access to the latest reports.
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Jet Global
OCTOBER 18, 2021
Factory shutdowns, shipping bottlenecks, and shortages of raw materials have led to substantial uncertainty for businesses seeking to address the vicissitudes of supply-side availability. The “What” and “Why” of Demand Planning and Forecasting. Demand forecasting is about predicting potential spikes or troughs in demand.
Jet Global
NOVEMBER 23, 2021
While financial reporting and compliance are still key responsibilities of the role, more and more businesses are now leaning on a CFO’s management expertise to help inform strategic decisions. Figure 1 CFO Evolution Survey Report, Armanino LLP, 2017 All rights reserved. Powerful Tools.
Jet Global
DECEMBER 22, 2021
This may be the result of fairly predictable seasonal changes, uncertainty with respect to future sales volumes, or potential disruptions that could impact the business. In many industries, like construction and hospitality, companies must be capable of scaling up or down quickly. Consider Alternative Scenarios.
Jet Global
JANUARY 31, 2022
In most companies, planning, budgeting, and forecasting processes are fairly well-established, but just because you’ve always done things a certain way doesn’t mean you can’t improve them. That, in turn, helps leaders to plan effectively for a range of circumstances, allowing for greater flexibility to accommodate uncertainty.
Jet Global
APRIL 29, 2021
It calls for a fixed annual budget with rigid forecasts and sales targets, well-defined capital investment and cash flow plans, and very little variation. As we re-examine and reinvent those processes, the need for more effective financial forecasting methods and financial forecasting tools is clearer than ever.
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