It seems even Ryanair, the stellar performer of the industry in recent years, can’t quite shake the city’s entrenched concerns about the airline industry; concerns founded largely on the difficulty all airlines have in forward forecasting passenger numbers.
And accurate forecasting makes a huge difference to the bottom line in pretty well all areas of purchasing – from bums on seats to boxes on shelves. Organisations that don’t have clear visibility of demand and supply through the whole chain can get badly damaged quickly through stock-outs or over-stocks.
Whether for direct or indirect spend, the right on-demand purchase-to-pay system can integrate with legacy systems to deliver that kind of visibility in a way that can transform buying activities.
Our work with some of the UK’s leading etailers has seen us deliver forecasting across millions of fast-moving product lines, giving professional buyers the data they need on a day-to-day basis to make the right buying decisions.
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