Loss of sales due to incorrect forecasting of demand

The main objective is to gather and document the information about the solution process a Mexican company followed. The problem was the loss of sales due to a forecasting error in demand. The company determined a supposition of what they thought was the cause to their problem was forecasting error i...

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Autores principales: Ríos Treviño, Andrea, Valdez Contreras, Sergio Alejandro
Formato: Artículo
Lenguaje:inglés
Publicado: UANL. Facultad de Contaduría Publica y Administración 2014
Acceso en línea:http://eprints.uanl.mx/17211/1/50.pdf
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author Ríos Treviño, Andrea
Valdez Contreras, Sergio Alejandro
author_facet Ríos Treviño, Andrea
Valdez Contreras, Sergio Alejandro
author_sort Ríos Treviño, Andrea
collection Repositorio Institucional
description The main objective is to gather and document the information about the solution process a Mexican company followed. The problem was the loss of sales due to a forecasting error in demand. The company determined a supposition of what they thought was the cause to their problem was forecasting error in demand. There are different methods and techniques that can be used in solving such problem. They performed different stages of a known methodology, known as Total Quality Management. This methodology requires to measure, calculate, evaluate, plan and improve processes or tools in order to achieve, the set goal. In the end, results were very positive, although the use of a more robust forecasting method was necessary to be more successful.
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spelling eprints-172112020-05-08T13:37:44Z http://eprints.uanl.mx/17211/ Loss of sales due to incorrect forecasting of demand Ríos Treviño, Andrea Valdez Contreras, Sergio Alejandro The main objective is to gather and document the information about the solution process a Mexican company followed. The problem was the loss of sales due to a forecasting error in demand. The company determined a supposition of what they thought was the cause to their problem was forecasting error in demand. There are different methods and techniques that can be used in solving such problem. They performed different stages of a known methodology, known as Total Quality Management. This methodology requires to measure, calculate, evaluate, plan and improve processes or tools in order to achieve, the set goal. In the end, results were very positive, although the use of a more robust forecasting method was necessary to be more successful. UANL. Facultad de Contaduría Publica y Administración 2014 Article PeerReviewed text en cc_by_nc_nd http://eprints.uanl.mx/17211/1/50.pdf http://eprints.uanl.mx/17211/1.haspreviewThumbnailVersion/50.pdf Ríos Treviño, Andrea y Valdez Contreras, Sergio Alejandro (2014) Loss of sales due to incorrect forecasting of demand. Vinculatégica (1). pp. 940-964. ISSN 2448-5101
spellingShingle Ríos Treviño, Andrea
Valdez Contreras, Sergio Alejandro
Loss of sales due to incorrect forecasting of demand
thumbnail https://rediab.uanl.mx/themes/sandal5/images/online.png
title Loss of sales due to incorrect forecasting of demand
title_full Loss of sales due to incorrect forecasting of demand
title_fullStr Loss of sales due to incorrect forecasting of demand
title_full_unstemmed Loss of sales due to incorrect forecasting of demand
title_short Loss of sales due to incorrect forecasting of demand
title_sort loss of sales due to incorrect forecasting of demand
url http://eprints.uanl.mx/17211/1/50.pdf
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AT valdezcontrerassergioalejandro lossofsalesduetoincorrectforecastingofdemand