How to make a super forecast for your company as a buyer

Forecasts are important to ensure the continuity of your business. You probably know that, but actually drawing up a good stock forecast is something else. Especially when you are dealing with purchased parts, unexpected machine failures or suppliers with varying delivery reliability. An incorrect estimate can lead to standstill, missing out or even unnecessary stock that fills up your warehouse. How do you tackle that? In this article we dive into forecasting, why it is crucial and how you as a buyer can make better forecasts.