Purchasing manager’s indices offer fact based forecasting tools, says John Glen

3 February 2015

PMIs give businesses the opportunity to track economic change and forecast future trends using facts, not opinions.

In the January issue of Supply Business, John Glen discusses the scope of PMIs for accurately indicating an organisation’s activity at some point in the near future.

Businesses must first understand the relationship between movements in a given PMI and movement in their sales or pricing through establishing a relatively simple spreadsheet model.

The insight gleaned from monitoring this relationship allows business leaders to make decisions regarding marketing, procurement and operational capacity that will keep them ahead of both the market, and their competitors.

Read John’s full explanation of the benefits of consulting PMIs in the latest edition of Supply Business

Swindon, Wiltshire
upto £40K base (+ Paid overtime and corporate benefits)
Honda Manufacturing Ltd
Kew gardens, Richmond upon Thames, London (Greater)
£37,000 - £42,500 per annum pro rata, depending on skills and experience
Kew Royal Botanic Gardens
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates