Title :
Supply chain collaborative forecasting methods on the basis of factors
Author :
Shu, Tong ; Chen, Shou ; Wang, Shouyang ; Keung Lai, Kin
Author_Institution :
Coll. of Bus. Adm., Hunan Univ., Changsha
Abstract :
This paper proposes the supply chain collaborative forecasting methods on the basis of factors and presents the relevant empirical studies. In the light of the past actual sales data, factors of Spring Festival transportation, shutting down for examinations and repairs and minor repairs are extracted and quantified in different hierarchies and domains. At the same time, they are reverted in the corporate sales forecasting. The empirical studies indicate that factors play an important part in supply chain sales forecasting. Their application can greatly improve the specific and general forecasting accuracy and represents the thought of collaborative forecasting. They can contribute to the supply chain implication and prominent information application; they can contribute to positively employing the potential negative constraints of supply chain enterprises; they can contribute to the management of supply chain as the information whole. All these can be considered as an extension of the economic information filter in different hierarchies and modules.
Keywords :
corporate acquisitions; forecasting theory; maintenance engineering; sales management; transportation; corporate sales forecasting; repairs; spring festival transportation; supply chain collaborative forecasting methods; supply chain enterprises; Collaboration; Data mining; Demand forecasting; Economic forecasting; Educational institutions; Logistics; Marketing and sales; Mathematics; Supply chain management; Supply chains; Supply chain; collaborative forecasting; factor analysis;
Conference_Titel :
Management of Innovation and Technology, 2008. ICMIT 2008. 4th IEEE International Conference on
Conference_Location :
Bangkok
Print_ISBN :
978-1-4244-2329-3
Electronic_ISBN :
978-1-4244-2330-9
DOI :
10.1109/ICMIT.2008.4654571