The introduction of uncertain supply has shown that profit can still be maximized however the profit will be reduced by increased costs both in lost sales and in excess inventory. But most important, profit variability will increase raising issues of possible other strategies.
Normally we would expect both the budget and the actual EBITDA to fall somewhere in the region of the expected value.
This is a question we often hear and the simple answer is that we don’t! But by using our methods and models we can use your knowledge in such a way that it can be systematically measured and accumulated throughout the business and be presented in easy to understand graphs to the management and board. […]
Imagine you’re nicely settled down in your airline seat on a transatlantic flight – comfort-able, with a great feeling. Then the captain comes on and welcomes everybody on board and continues, “It’s the first time I fly this type of machine, so wish me luck!” Still feeling great?1 Running a company in today’s interconnected and […]
Simulation models sets out to mimic real life company operations.
S&R participated as a keynote speaker at the Modelling World conference held in London June 16. The theme was forecasting and decision making inn an uncertain world