10 Sep 4. Forecasting Gone Wrong

4. Forecasting Gone Wrong

For this Discussion, research news articles and provide an example of a business situation where the forecast was so poor that it caused great difficulty for the company.

1. Explain the forecasting situation- what were they trying to predict and where were they getting their data?

2. Discuss the reason why the forecast was poor and no one expected it.

3. What was the impact on the company and how did they deal with it?

JOURNAL

Based on your readings in this unit, answer the following questions, with explanations (do not simply name concepts and move on):

1) Among the concepts you have learned, which do you think is most useful to you or your organization?

2) Which concept(s) caused the most confusion in this unit?

3) Which concept(s) did you wish went into further detail, either because you are interested or because it’s too complex for the coverage it received?

5. ERP Implementations

For this Discussion, research news articles and provide an example of a business that failed in its ERP implementation.

1. Describe the company,

2. Why they failed, and

3. How they dealt with the issue.

4. What is the key lesson to learn from this example?

JOURNAL

Based on your readings in this unit, answer the following questions, with explanations (do not simply name concepts and move on):

1) Among the concepts you have learned, which do you think is most useful to you or your organization?

2) Which concept(s) caused the most confusion in this unit?

3) Which concept(s) did you wish went into further detail, either because you are interested or because it’s too complex for the coverage it received?