Operations

5 Steps for Aligning Working Capital with Customer Needs

A granular approach to forecast adjustment during a period of revenue decline can help distributors better understand demand shift and adjust for variability.

July 10, 2020

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The acronym VUCA, short for volatility, uncertainty, complexity and ambiguity, is a concept that originated with students at the U.S. Army War College. It was used to describe the state of the world after the Cold War. If VUCA is as fitting now as it was then, what does that mean for businesses? It means we need to accept current conditions and focus on developing new capabilities, rather than wishing for pre-COVID-19 conditions or looking for a silver bullet. This is especially critical for demand planning teams. They face volatile demand and uncertain signals from customers and suppliers.…

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