Materials Forecasting Explained

Understand and manage how direct materials costs affect your future profitability

What is Materials Forecasting and how can it help you?
This whitepaper is intended to help Finance, Procurement and IT people involved in the process of creating direct materials forecasts and budgets in their companies. Whether you are looking to build materials forecasting capabilities from scratch or want to step up
the game with your existing processes.


Chapter outline:

  • Understand and Manage your Future Profitability
  • Creating Reliable Materials Forecasts is Challenging
  • Do You Know How Much and What You Are Going to Buy?
  • How to Not Overwhelm your Procurement Organization with Price Forecasting
  • Tame the Data and Reap the Benefits
  • Sievo Materials Forecasting Solution