This column discusses outsourcing a business forecasting process to external consultants. It starts by covering the functions that might be reasonably outsourced. It recommends that all collaborative-related functions reside inside the walls of a company, while quantitative and computer system capabilities might be outsourced. However, there are risks involved in having demand forecasts reside outside the protection of a company’s firewalls.

From Issue: Four Steps to Achieving Enterprise S&OP That Businesses Will Love
(Summer 2017)

Should Forecasting Be Outsourced?