Linking an NPV to your sales forecast
J+D Forecasting, one of the world’s leading pharmaceutical forecasting companies, has today announced the launch of Onco+, as the latest addition to its comprehensive suite of forecasting software.
17th April 2019
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Top 5 forecasting tips in Oncology
Contact us for a consultation Find more J+D Forecasting insights 1 – All Change Consider the stability of the market when deciding on the methodology. Patient flow models are accurate and provide a great deal of insight, however, they’re only really necessary when there is…
6th March 2019
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Transforming Complex Data into Meaningful Outcomes
Data collection, analysis and insight dissemination can be difficult for organisations due to several challenges: The amount of data Cross-matching data sources The ability of the user to understand the data Software complexity The management and integration of data can be time-consuming and resource heavy…
26th February 2019
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The Growing Importance of Forecasting Expertise in Pharmaceuticals
Pharmaceutical companies are gradually waking up to the pivotal role of forecasting in effectively running a business and delivering treatments to patients who need them. Accurate forecasts enable well thought out decision-making around things such as product development and production capacity, while lack of foresight…
22nd January 2019
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Improving Knowledge and Understanding
The gap in pharma forecasting knowledge and understanding appears to be increasing. Yet the availability of up to date pharmaceutical forecasting training is limited. Pharma forecasting is a business-critical activity, yet many clients tell us they lack confidence and that the task is time consuming…
25th January 2018
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Complexity Versus Simplicity: The Forecast Model Balancing Act
A successful forecast model design, as our previous article explored, relies on four key ingredients: transparency, tailoring, flexibility and simplicity. However, getting the right amount of simplicity can be challenging when the other ingredients can drive complexity in a forecast model. Toeing the line between…
8th December 2017
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Four Core Ingredients Of Successful Forecast Model Design
A forecast model should make your life easier, not harder. It should allow people with varying capabilities, responsibilities and experiences to input their ideas and rationale, and understand what will happen to a product if the market changes. Therefore, a successful forecast model gives structure…
21st June 2017
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The fundamental Pillars that Support Good Forecasting
The Context Here at J+D we create 100’s of strategic forecasting and operational planning models for many of the largest pharmaceutical companies year on year. These figures have increased consistently, certainly in the last 3-5 years; as scrutiny from pharmaceutical investors puts increasing pressure on revenue generation…
14th June 2017
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Diving into the deep waters of forecasting
‘Immerse yourself with confidence’ The Context Time and time again we hear from Brand Managers, Researchers, Analysts and even Forecasters about the challenges in forecasting. Many stakeholders in a business feel uncomfortable about the time involved in the forecasting process, choosing the right type of…
13th June 2017
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Using existing, internal data sources to generate understanding
Knock, Knock Whose there? The Context Consider the following age old question: just how well do you know your customers? Perhaps most pharmaceutical companies would probably argue that they know their customers very well. But are there opportunities to understand them even better…? This was…