How Do You Forecast the Future of Your Manufacturing Business?

What factors should you consider when forecasting? What questions do you need to ask to determine your next steps? Who gets to make those decisions? We walk you through some common questions to ask yourself—and your company—about your business. We’ll also cover Miles and Snow’s Typology of Defender, Prospector, Analyzer, and Reactor to see how your type impacts your decision-making process. Learn a great process to forecast and set goals in this episode of Making Chips! Now is the time to look ahead! BAM!

– Nick

If you have a great methodology for forecasting, let us know! Shoot us an email at info@MakingChips.com! 

Segments

• [0:32] Check out ProShop ERP for manufacturing software!
• [3:16] How future proof is your business?
• [5:25] What we’re happy about right now
• [9:34] Discovering the Keys to U.S. Manufacturing Recovery
• [14:23] What factors should you consider when forecasting?
• [17:47] Accelerate your digital transformation with Xometry
• [21:39] The Miles and Snow’s Typology of Defender, Prospector, Analyzer, and Reactor
• [24:56] Who makes the forecast in your company? 

Resources mentioned on this episode

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• Discovering the Keys to U.S. Manufacturing Recovery
• Miles and Snow’s Typology of Defender, Prospector, Analyzer, and Reactor
• BOOK: Humanocrisy

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