The Unique Challenges and Opportunities of Forecasting for Orphan Diseases
15th June 2020An article written by David James, IPI - International Pharmaceutical Industry
Running a risk analysis on consolidated revenues
15th June 2020This post will look at Epidemiology Forecasting, and running a risk analysis on consolidated revenues.
Accounting for chronic patients in your forecast
15th June 2020This post will look at Oncology Forecasting, and accounting for chronic patients in your forecast.
Linking an NPV to your sales forecast
15th April 2020Learn how to link your forecast to a Profit & Loss account, determining Net Present Value can make for much better evaluation of opportunities.
Top 5 forecasting tips in Oncology
17th April 2019Contact 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…
Transforming Complex Data into Meaningful Outcomes
6th March 2019Data 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…
The Growing Importance of Forecasting Expertise in Pharmaceuticals
26th February 2019Pharmaceutical 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…
Improving Knowledge and Understanding
22nd January 2019The 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…
Complexity Versus Simplicity: The Forecast Model Balancing Act
25th January 2018A 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…
Four Core Ingredients Of Successful Forecast Model Design
8th December 2017A 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…
The fundamental Pillars that Support Good Forecasting
21st June 2017The 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…
Diving into the deep waters of forecasting
14th June 2017‘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…