Article

Monitoring information and materials to enhance logistics performance

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The need to make forecasts is commonplace in industry. The accuracy (and hence, usefulness) of forecasts varies from one sector to another, but is rarely high. Describes an approach to the monitoring of forecasts which aims to detect significant inaccuracy and to quantify the correction(s) that need to be made, based on well‐established methods of SPC, and so it also allows any changes in the pattern of demand to be detected, providing information for the revision of the forecasting model. Since the monitoring technique is based on statistical methods, it provides information which can be used directly in conventional models for inventory management. The user can choose the level of coverage required, and the monitoring technique indicates how well the target is being met. Again, any departure from the required level can be indicated at a stage early enough to take corrective action.

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Ketersediaan

Informasi Detail

Judul Seri

Logistics Information Management

No. Panggil

ATC LO HIL m

Penerbit

United Kingdom : Emerald Insight., 2006

Deskripsi Fisik

8 p.

Bahasa

English

ISBN/ISSN

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Klasifikasi

LO

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

Vol. 9 Issue: 2, pp.10-15

Subjek

Information
Forecasting
Logistics
Inventory control
Monitoring
Statistical process control

Info Detail Spesifik

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Pernyataan Tanggungjawab

John F. Hill

Versi lain/terkait

Lampiran Berkas

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