Hierarchical sales forecasting system for apparel companies and supply chains

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27360%2F13%3A86089275" target="_blank" >RIV/61989100:27360/13:86089275 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Hierarchical sales forecasting system for apparel companies and supply chains

Original language description

The typical problems facing with apparel companies and supply chains are forecasting errors, because fashion markets are volatile and difficult to predict. For that reason, the ability to develop accurate sales forecasts is critical in the industry. There are several research studies related to forecasting apparel goods, but very often only for one level. However, apparel companies and supply chains deal with a number of levels at which the forecasts could exist and require consistent forecasts at all of them. The paper presents a hierarchical middle-term forecasting system designed for this purpose on the basis of a literature review. The system is built by the top-down forecasting approach and verified by means of a case study in a particular apparelcompany. The weaknesses of the system are identified during discussion of the results acquired. A generalised concept of the ANN forecasting model is designed for elimination these weaknesses.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2013

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Fibres & Textiles in Eastern Europe

ISSN

1230-3666

e-ISSN

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Volume of the periodical

21

Issue of the periodical within the volume

6

Country of publishing house

PL - POLAND

Number of pages

5

Pages from-to

7-11

UT code for WoS article

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EID of the result in the Scopus database

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