As important as it is, manufacturing forecasting tends to be a stressful, time-consuming task with a shaky probability of success.
Despite their best efforts, some studies have found that up to 80% of organizations produce sales forecasts that are off by 25% or more. That’s why HubSpot Forecasting is gearing up to change the game with AI-generated projections.
Forecasting in manufacturing typically involves using historical data to predict the type of sales a company can expect during the coming month, quarter, or year. An accurate forecast can serve as a valuable asset to your manufacturing sales strategy by allowing you to: