Develop a Demand-driven Forecasting in Purchasing
Pham, Chi Cuong (2019)
Pham, Chi Cuong
2019
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2019052712347
https://urn.fi/URN:NBN:fi:amk-2019052712347
Tiivistelmä
The ability of foreseeing the future demand allows companies to react in the best profitable manners. Hence, many companies are struggling to adapt a suitable forecasting model. More to that, the conflict happens while preparing for the future within the gap of purchasing and demand planning prevent company to reach this goal. In this context, Son Phuong Co,. LTD, a small retailer was seeking their way to obtain the ability of predicting the future.
The objective of the research was to develop a new hypothesis Demand-driven Forecasting in Pur-chasing in order to enhance purchasing. At the end of the research, the author succeeded to create a suitable Demand Forecasting model for the case company. Moreover, a new Forecasting structure and process was established to fulfil the research goal.
Mixed method was used to ensure the study is able to deliver high quality outcomes. Quantitative approach aimed to collect data from internal resources to create suitable Demand forecast models while Qualitative approach was conducting interviews to resolve another research questions and research objective.
Realizing a great potential business development, the researcher encourages companies and student to adapt and continuously conduct further research to topic related to this hypothesis.
The objective of the research was to develop a new hypothesis Demand-driven Forecasting in Pur-chasing in order to enhance purchasing. At the end of the research, the author succeeded to create a suitable Demand Forecasting model for the case company. Moreover, a new Forecasting structure and process was established to fulfil the research goal.
Mixed method was used to ensure the study is able to deliver high quality outcomes. Quantitative approach aimed to collect data from internal resources to create suitable Demand forecast models while Qualitative approach was conducting interviews to resolve another research questions and research objective.
Realizing a great potential business development, the researcher encourages companies and student to adapt and continuously conduct further research to topic related to this hypothesis.