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Vendor-managed Inventory forecast optimization and integration / VMI forecast optimization and integration

Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2008. / Includes bibliographical references (leaves 59-60). / In the retail industry, consumer package goods (CPG) manufacturers have been working with retailers to use Vendor-managed Inventory (VMI) to improve the overall supply chain inventory turns and finished product velocity. This thesis explores those opportunities where a consumer packaged goods company can benefit from using VMI information to improve forecasting. First, this thesis discusses a novel way to compare those forecasts at downstream and upstream demand planning levels. Forecast errors are calculated in relation to the forecast data aggregation levels. Second, a causal model is used to analyze the contributing factors of high demand planning forecast. Finally, recommendations are provided on how to use VMI information and thus incorporate VMI forecasts into the upstream supply chain planning process. / by Xihang Kou. / M.Eng.in Logistics

Identiferoai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/45231
Date January 2008
CreatorsKou, Xihang
ContributorsLawrence Lapide., Massachusetts Institute of Technology. Engineering Systems Division., Massachusetts Institute of Technology. Engineering Systems Division.
PublisherMassachusetts Institute of Technology
Source SetsM.I.T. Theses and Dissertation
LanguageEnglish
Detected LanguageEnglish
TypeThesis
Format60 leaves, application/pdf
RightsM.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission., http://dspace.mit.edu/handle/1721.1/7582

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