Factors that affect the improvement of demand forecast accuracy through point-of-sale reporting

DOI10.1016/J.EJOR.2016.11.047MaRDI QIDQ1753418zbMATHOpenAlexFDO

Authors Kathleen S. Hartzel, Charles A. Wood

Publication date 29 May 2018

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2016.11.047

zbMATH Keywords

supply chain managementdemand forecastingorder historypoint-of-sale datashared information

Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Management decision making, including multiple objectives (90B50) Transportation, logistics and supply chain management (90B06) Economics of information (91B44)

Recommendations

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Cites work

• scientific article; zbMATH DE number 1748473 (Why is no real title available?)
• Forecasting sales by exponentially weighted moving averages
• Information Sharing and Order Variability Control Under a Generalized Demand Model
• Information sharing in a supply chain: a note on its value when demand is nonstationary
• Linear mixed models for longitudinal data
• Predicting retailer orders with POS and order data: the inventory balance effect
• Supply chain decision making: will shorter cycle times and shared point-of-sale information necessarily help?
• The Value of Information Sharing in a Two-Level Supply Chain
• The effect of collaborative forecasting on supply chain performance

Cited in

(3)

• When is the next order? Nowcasting channel inventories with point-of-sales data to predict the timing of retail orders
• Predicting retailer orders with POS and order data: the inventory balance effect
• Using shared sell-through data to forecast wholesaler demand in multi-echelon supply chains

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