Inventory -- forecasting: mind the gap

DOI10.1016/J.EJOR.2021.07.040MaRDI QIDQ2077906zbMATH OpenOpenAlexFDO

Authors Thanos E. Goltsos, Aris A. Syntetos, Christoph H. Glock, George Ioannou

Publication date 23 February 2022

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

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.ejor.2021.07.040

zbMATH Keywords

forecastinginventory controlliterature reviewinventory forecasting

Mathematics Subject Classification ID

Research exposition (monographs, survey articles) pertaining to operations research and mathematical programming (90-02) Inventory, storage, reservoirs (90B05)

Recommendations

• Forecasting for inventory planning: a 50-year review
• Integrated hierarchical forecasting
• Supply chain forecasting: theory, practice, their gap and the future
• Inventory control.
• Demand forecasting adjustments for service-level achievement

Cites work

• scientific article; zbMATH DE number 3130649 (Why is no real title available?)
• scientific article; zbMATH DE number 3739271 (Why is no real title available?)
• scientific article; zbMATH DE number 4001209 (Why is no real title available?)
• scientific article; zbMATH DE number 3433376 (Why is no real title available?)
• scientific article; zbMATH DE number 3216838 (Why is no real title available?)
• scientific article; zbMATH DE number 3053501 (Why is no real title available?)
• A Robust Optimization Approach to Inventory Theory
• A comparison of global and semi-local approximation in \(T\)-stage stochastic optimization
• A data-driven newsvendor problem: from data to decision
• A survey of adjustable robust optimization
• A typology and literature review on stochastic multi-echelon inventory models
• All-zero forecasts for lumpy demand: a factorial study
• An improved method for forecasting spare parts demand using extreme value theory
• Analysis of the Deterministic (s, S) Inventory Problem
• Analyzing the effect of the inventory policy on order and inventory variability with linear control theory
• Applying a bootstrap approach for setting reorder points in military supply systems
• Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation
• Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution
• Bayes Solutions of the Statistical Inventory Problem
• Bayesian degradation modelling for spare parts inventory management
• Bootstrap methods: another look at the jackknife
• Bounds and heuristics for optimal Bayesian inventory control with unobserved lost sales
• Comparing density forecasts using threshold- and quantile-weighted scoring rules
• Computation of Exact Bootstrap Confidence Intervals: Complexity and Deterministic Algorithms
• Demand forecasting adjustments for service-level achievement
• Determining Safety Stock in the Presence of Stochastic Lead Time and Demand
• Dynamic version of the economic lot size model
• Estimating the demand distributions of single-period items having frequent stockouts
• Exponential smoothing models: means and variances for lead-time demand
• Forecasting and Stock Control for Intermittent Demands
• Forecasting daily supermarket sales using exponentially weighted quantile regression
• Forecasting for the ordering and stock-holding of spare parts
• Generalized autoregressive conditional heteroscedasticity
• Greedy function approximation: A gradient boosting machine.
• Intermittent demand forecasting. Context, methods and applications
• Inventory control
• Inventory management of remanufacturable products
• Making and evaluating point forecasts
• Managing demand and sales dynamics in new product diffusion under supply constraint
• Multi-echelon service models for inventory systems under different rationing policies
• Multi-echelon systems: A service measure perspective
• NOTES ON BIAS IN ESTIMATION
• Nonlinear identification of judgmental forecasts effects at SKU level
• On Properties of Stochastic Inventory Systems
• On the calculation of safety stocks when demand is forecasted
• On the empirical performance of \((T, s, S)\) heuristics
• On the empirical performance of some new neural network methods for forecasting intermittent demand
• Optimal policies and approximations for a Bayesian linear regression inventory model
• Principles of inventory management. When you are down to four, order more.
• Probabilistic Forecasts, Calibration and Sharpness
• Quantile Autoregression
• Quantile forecasting and data-driven inventory management under nonstationary demand
• Quantile regression.
• Random forests
• Recent advances in robust optimization: an overview
• Regression Quantiles
• Remarks on a Multivariate Transformation
• Retail sales forecasting with meta-learning
• Robust Optimization of Large-Scale Systems
• Robust Solutions to Least-Squares Problems with Uncertain Data
• Robust Solutions to Uncertain Semidefinite Programs
• Robust approximation to multiperiod inventory management
• Robust convex optimization
• Robust inventory control under demand and lead time uncertainty
• Robust optimization
• Robust solutions of linear programming problems contaminated with uncertain data
• Robust solutions of uncertain linear programs
• Robustness of Order-Up-to Policies in Lost-Sales Inventory Systems
• Sales Data and the Estimation of Demand
• Scoring Rules for Continuous Probability Distributions
• Selecting the best periodic inventory control and demand forecasting methods for low demand items
• Splines in Statistics
• Strictly Proper Scoring Rules, Prediction, and Estimation
• Supply chain risk management modelling: A systematic literature network analysis review
• Technical Note—Convex Programming with Set-Inclusive Constraints and Applications to Inexact Linear Programming
• Technical note: Nonparametric data-driven algorithms for multiproduct inventory systems with censored demand
• The Effects of Demand-Forecast Fluctuations on Customer Service and Inventory Cost When Demand is Lumpy
• The Inventory Problem: II. Case of Unknown Distributions of Demand
• The Robustness of Multi-echelon Service Models under Autocorrelated Demands
• The Variance of Lead-Time Demand
• The big data newsvendor: practical insights from machine learning
• The discrete-time EOQ model: solution and implications
• The effects of integrating management judgement into OUT levels: in or out of context?
• The impact of forecasting model selection on the value of information sharing in a supply chain
• The propagation and identification of ARMA demand under simple exponential smoothing: forecasting expertise and information sharing
• Towards data driven selection of a penalty function for data driven Neyman tests
• Using Optimal Policy Surfaces to Analyze Aggregate Inventory Tradeoffs

Cited in

(9)

• Demand forecasting adjustments for service-level achievement
• Forecasting the integration of immigrants
• Forecasting for inventory planning: a 50-year review
• Forecasting and operational research: a review
• Combining probabilistic forecasts of intermittent demand
• Can accessing much data reshape the theory? Inventory theory under the challenge of data-driven systems
• scientific article; zbMATH DE number 1189266 (Why is no real title available?)
• An empirical Bayes approach to incorporating demand intermittency and irregularity into inventory control
• The value of combining forecasts in inventory management - a case study in banking

Describes a project that uses

Uses Software

• DeepAR
• fpp2

This page was built for publication: Inventory -- forecasting: mind the gap

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2077906)