The changing role of forecasting in a competitive environment

Article Abstract:

Central Electric Power Cooperative Inc realized the need for effective forecasting after experiencing increased competition for consumers and energy sources from other utilities. In response to these changes, the company adopted forecasting measures for planning and analysis requirements. Moreover, it initiated reformsto consolidate the function under common economic, demographic and planning assumptions to achieve balanced forecasts that served the interests of both thecompany and the consumers.

Electric services, Electric utilities, Corporate Electric Power Cooperative Inc.

---

Non-technical forecasting issues generic and health insurance

Article Abstract:

Business forecasting entails the gathering, analysis and interpretation of pertinent data and consultations with management and other personnel regarding projections to be made. The efficient conduct of these steps in forecasting will result in a reliable business forecast. Forecasting in the health care industry offers more challenges to forecasters. Factors, such as changes in medical costs and subscribers' claims, alert forecasters to make contingent alterations to their projections.

Accident and health insurance, Forecasts and trends, Health insurance industry

---

Benchmark your way to forecasting excellence

Article Abstract:

Benchmarking provides a valuable tool for maintaining competitiveness by identifying performance levels necessary to define goals and by enhancing businesses' forecasting capability. Forecasting remains a necessary starting point for formulating strategies in spite of revolutionary changes in computer technology. In combination with benchmarking,foreseen as the successor to 'just-in-time' inventory systems, forecasting willhelp companies reduce costs and improve services.

Apparel and accessories, not elsewhere classified, Methods, Clothing industry, Marketing research, Market research, Industrial management, Hickok Manufacturing Co.

Similar abstracts:

• Abstracts: From generic strategies to value for money in hypercompetitive environments. Value chain analysis and competitive advantage
• Abstracts: Organizational boundary spanning in institutionalized environments. Criteria for Grouping Nursing Subunits in Hospitals
• Abstracts: The learning styles questionnaire: an alternative to Kolb's inventory?
• Abstracts: Adjusting replenishment orders to reflect learning in a material requirements planning environment. The influence prism in SMEs: the power of CEOs' perceptions on technology policy and its organizational impacts
• Abstracts: Timing of investment and financing decisions in imperfectly competitive financial markets

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.