Question: Component 2 : Written Report 2 . Prepare a written report ( in Word ) : ( a ) Market dynamics / outlook: Briefly describe
Component : Written Report
Prepare a written report in Word:
a Market dynamics outlook:
Briefly describe the market for your products in the country assigned to your group.
The purpose of this is to ensure your group understands the market dynamics at play, so you can forecast more intelligently for your potential client.
Use the information about Saputo which has been made available in Blackboard, andor use information which can be found at
saputo.com.
Feel free to conduct additional external research on current information or trends for food products for the countries andor products which have been assigned to your firm.
Remember to cite all external sources appropriately.
Remember that each forecast is being used for a different purpose.
b Summary of approach data analysis:
Summarize the data analysis work which was completed.
Assume that there are some members of the Saputo team who will not be comfortable looking at the detailed analysis, and will prefer to read a summary.
Include a description of the forecasting models recommended.
Include an explanation of why the forecasting models are recommended.
Mention any other models which were considered, and why they were not recommended.
c What else should be considered:
Per step of the forecasting process, describe any adjustments to the forecast you would consider andor recommend, based on qualitative information or insight.
Consider the market dynamics from part a
Examine the historical data provided what does the past data indicate? What might have happened in the past to drive the pattern of sales?
Prepare a list of additional information you might you want from Saputo, or questions you might have for Saputo.
What economic factors, consumer behavior, or market trends might impact demand forecasting for your group's assigned products?
Discuss the potential impacts of inaccurate forecasting. What possible impacts are there for Saputo if the forecasts are biased high or low?
d Recommendation and conclusion:
Based on the information from parts ac recommend which model should be
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