| EPSRC Reference: |
GR/S60181/01 |
| Title: |
The Effective Design & Use of Forecasting Support Systems for Supply Chain Management |
| Principal Investigator: |
Fildes, Professor R |
| Other Investigators: |
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| Project Partners: |
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| Department: |
Management Science |
| Organisation: |
Lancaster University |
| Scheme: |
Standard Research (Pre-FEC) |
| Starts: |
01 March 2004 |
Ends: |
28 February 2007 |
Value (£): |
108,577
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| EPSRC Research Topic Classifications: |
| Manufact. Enterprise Ops& Mgmt |
Mathematical Aspects of OR |
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Summary on Grant Application Form |
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Supply chain planning is wholly reliant on accurate forecasts in most industries and these forecasts are provided through Forecasting Support Systems (FSSs). Current evidence suggests that these systems are not used effectively so that large and costly errors are associated with the resulting forecasts. This project will first involve an in-depth investigation of the causes of ineffective FSS use in organisations. It will then use a series of experiments to test the effectiveness of potential new design features on a prototypical FSS. We expect, at the end of the project, to have developed a pro-forma set of recommendations to software providers on new features that should significantly improve FSS use and forecasting accuracy. This is an ambitious interdisciplinary project which has the support of two software companies and a number of major manufacturing companies. It is innovative both in the integration of the methods used (prototyping linked to simulation, laboratory and organisational research, psychological and statistical methods) and its field of application.
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Key Findings |
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This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk
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Potential use in non-academic contexts |
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This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk
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Impacts |
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| Description |
This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk |
| Summary |
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| Date Materialised |
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Sectors submitted by the Researcher |
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This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk
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| Project URL: |
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| Further Information: |
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| Organisation Website: |
http://www.lancs.ac.uk |