Massive discrepancies between forecasts and actual costs

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Reference no: EM133619540

Question

Del Monte, the North American food production and distribution company, suffered from disjointed inventory management. Where there's misalignment in any planning process, you'll find that lost sales opportunities aren't far behind. Del Monte experienced this, as well as an excess of inventory. Spreadsheets and inflexible legacy tools made planning processes slow. To save time, inventory averages were used, which led to massive discrepancies between forecasts and actual costs. Del Monte could benefit from using which cadence call tool?

• Sales and Operations Planning • Metronome Planning System • Call and Response Plan • Collaborative Planning, Forecasting, and Replenishment

Reference no: EM133619540

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