How forecasting affects the effectiveness of planning across the entire supply chain

At the 8th SCM Congress of Supply Chain Managers, representatives of Syktyvkar Tissue Group spoke about the implementation of GoodsForecast solutions and the results that have been already achieved.

Moscow, November 14, 2022. Syktyvkar Tissue Group's primary goal in redesigning its business processes and implementing the GoodsForecast integrated business planning platform was to boost asset turnover and EBITDA. The company also sought to optimize raw materials and finished goods inventories and improve the accuracy of sales planning, as many management decisions in other business processes depend on it.

Addressing the 8^th SCM Congress of Supply Chain Managers, Pavel Pimenov, Head of Analytics at STG, and Vyacheslav Afanasiev, Director of Logistics and Supply Chain at STG, explained how sales planning using GoodsForecast tools have impacted S&OP and, as a result, the entire integrated planning process. They answered in detail questions about the methodology and about the implementation of IT solutions that ensure the implementation of the new approach and about the changes that have occurred in the company.

Watch a recording of the speech.

About the Congress
VIII SCM Congress of Supply Chain Managers is one of the most representative professional platforms in Russia and CIS, where speakers shared the most effective supply chain management practices in the changing world. At the Congress, experts discussed supply chain optimization, logistics and business process continuity issues, talked about options for addressing practical cases, exchanged experience and established new business relationships. The Congress is organized by the Council of Supply Chain Professionals, a community of managers and professionals in logistics, supply chains and functional areas of retail, manufacturing and distribution companies. The event was hosted by a premium hotel in the very center of Moscow.