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The consensus estimate is $1.10 per share, up 4.8% from a year ago when Covidien reported earnings of $1.05 per share. The consensus estimate has risen from $1.06 over the past three months. Analysts are projecting earnings of $4.50 per [...]
Consensus demand planning improves forecast accuracy and reduces inventory through communication and collaboration. Defining Consensus Demand Planning: Demand Planning is quickly becoming a functional necessity in retailers’ business models, acting as the lever that converts companies from a supply chain to a demand chain business operation.
The first step in consensus building is to reach agreement on the “What” you want to accomplish. We call this setting your big goals and top areas of focus. We also try to limit our clients to 3-5 big goals/ focus areas. Once you have this set, then you can get into the “How” you will accomplish your goals through strategies.
The following five recommendations will help your team reach consensus: Issue Homework – Prepare a packet of information that summarizes all of the data and information that has been collected. Most likely there will be some important information that would be helpful for the group to read in advance of coming together.
Discussions during a consensus meeting are centered on exceptions and timeframes that will influence a buy or even long- and short-range themes.