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Mitsubishi forecasts huge loss in wake of fuel scandal
2016-06-22 07:45:08| BBC News | Business | UK Edition
Mitsubishi Motors forecasts a huge net loss for the current business year in the wake of its fuel efficiency scandal.
Impact Of Incorrect Forecasts On New Drug Product Launches
2016-06-10 17:34:44| drugdiscoveryonline Home Page
Pharmaceutical companies around the world are under tremendous pressure – from regulators, legislators, payers, and patients – to reduce the cost of drugs. In response to the outcry for cost-cutting, pharmaceutical company leaders are examining every aspect of their business to determine where they can derive savings, particularly when planning for the launch of a new product. Pharmaceutical company marketing executives have become more accurate in positioning their new product in the marketplace, profiling prescribers, and understanding and responding to the reimbursement landscape. What is still a quagmire for pharma companies is predicting the actual demand for products and the timing of that demand.
Tags: product
impact
drug
incorrect
How to Live with Uncertain Pharma Demand Forecasts
2016-06-10 16:39:16| drugdiscoveryonline Home Page
o understand the prevalence of demand forecast inaccuracy – and the struggle to bring new products to market – Patheon commissioned ORC International to conduct in-depth interviews with 50 pharma industry executives with experience creating or implementing demand forecasts for commercial launches. The study confirms Mullen’s assessment. Every respondent said their forecasts either over- or under-estimated demand – indeed, future demand, they said, was the most difficult variable to predict. The majority of respondents said they over- or under-estimated demand by up to 25%, with some indicating that they were off by 26%-50% or even 100%. Nearly all respondents said that demand forecasting influences manufacturing decisions “a great deal.” They also noted that the consequences of inaccurate demand forecasting can be reputational damage, market share loss, lost days of production, destruction of inventory, and layoffs. A large majority of survey respondents said they plan to invest in improving their forecasting tools; almost all said they will be honing their inputs and assumptions over the next few years. And as long as there’s a satisfactory rate of return on investment, pharmaceutical companies should continue to try to improve the accuracy of their forecasts. But that’s not all they should be doing.
Tags: live
demand
uncertain
forecasts
Remy Cointreau CEO forecasts Africa sales surge
2016-06-10 13:37:00| Daily beverage news and comment - from just-drinks.com
Remy Cointreau's CEO has said Africa is like Asia 25 years ago, predicting the continent will quickly accelerate sales contribution.
Impact Of Incorrect Forecasts On New Pharmaceutical Product Launches
2016-06-07 10:05:19| drugdiscoveryonline Downloads
In today’s drug manufacturing environment, demand forecasts provide critical input that ultimately affects pharmaceutical companies’ decision-making processes. Pharmaceutical companies utilize drug forecasts to design clinical programs, position sales force resources, allocate geographic resource distribution, and obtain company or licensing assets.
Tags: product
impact
pharmaceutical
incorrect
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