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Title: Forecasting And Planning For Materials In The Gas Utility Environment
Author: S. W. Betts
Source: American Gas Association 1984
Year Published: 1984
Abstract: We have just come through another deep and serious recessionary period starting in 1980 and continuing in 1981-82. We can also recall the previous recession of 1974-75 with the problems of material shortages and double digit inflation. As a matter of interest, it was just after the 1974-75 recession that I presented a paper on Planning Ahead for Materials in a Changing Economic Environment (A.G.A., May/76). Many of Ihe comments made in that paper also apply to the message presented in this paper (see Figure 1). Each upturn and downturn in our economy has had different characteristics and many lessons can be learned from the experience. There is also an increasing awareness and appreciation of the importance of such functions as Materials Management, Operations Planning, Sales Forecasting, etc. There is also an increasing need to have close communication and co-operation between these functions. In particular, there is a need to improve forecasting and planning for materials which represent about 40 percent of the total expenditures, excluding gas costs, in the gas utility sector.

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