Forecast quality improvement with Action Research: A success story at PharmaCo
Research output: Contribution to journal › Article › peer-review
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In: International Journal of Forecasting, Vol. 35, No. 1, 03.2019, p. 129-143.
Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - Forecast quality improvement with Action Research
T2 - A success story at PharmaCo
AU - Phillips, Christina
AU - Nikolopoulos, Konstantinos
PY - 2019/3
Y1 - 2019/3
N2 - There is a gap in the forecasting research surrounding the theory of integrating and improving forecasting in practice. The number of academically affiliated consultancies and knowledge transfer projects that there are around, due to a need for improvements in forecast quality, would suggest that many interventions and actions are taking place. However, the problems that surround practitioner understanding, learning and usage are rarely documented. This article takes the first step toward trying to rectify this situation by using the specific case study of a fully engaged company. A successful action research intervention in the Production Planning and Control work unit improved the use and understanding of the forecast function, contributing to substantial savings, enhanced communication and improved working practices.
AB - There is a gap in the forecasting research surrounding the theory of integrating and improving forecasting in practice. The number of academically affiliated consultancies and knowledge transfer projects that there are around, due to a need for improvements in forecast quality, would suggest that many interventions and actions are taking place. However, the problems that surround practitioner understanding, learning and usage are rarely documented. This article takes the first step toward trying to rectify this situation by using the specific case study of a fully engaged company. A successful action research intervention in the Production Planning and Control work unit improved the use and understanding of the forecast function, contributing to substantial savings, enhanced communication and improved working practices.
U2 - 10.1016/j.ijforecast.2018.02.005
DO - 10.1016/j.ijforecast.2018.02.005
M3 - Article
VL - 35
SP - 129
EP - 143
JO - International Journal of Forecasting
JF - International Journal of Forecasting
SN - 0169-2070
IS - 1
ER -