Optimizing Manufacturing Success with HubSpot | Market Veep

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.

 is gearing up to change the game with AI-generated projections.

Importance of Sales Forecasting for Manufacturing Businesses

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:

• Make data-informed decisions
• Spot potential issues before they arise
• Set appropriate sales goals
• Lower costs with increasing gains
• Manage resources efficiently
• Adjust your marketing strategy according
• Make better hiring decisions