Using forecasting softwares
As a retail analyst, I am often asked for my opinon on future trends pertaining to retail, especially on consumer goods like electronics. While predicting what will happen in a certain industry can be quite intriguing and challenging, it is not always easy to do so on ones own without back up from formulas and equations. Part of the challenge is to find the right information from within the company to come up with the reliable forecast. There are however lots of forecasting software programs avilable that can come up with some solutions and direction, once fed with the right information.