Spare parts inventory management is a complex problem and in most cases part categorization is needed to create a manageable number of control groups to focus management efforts more effectively. Usually multi-dimensional or multi-criteria classifications are used, and there are several examples...

This paper deals with categorising errors that exist in qualitative sales forecasts, so that it can be defined what kind of development is needed to improve forecast accuracy. A framework for pointing out different types of sales forecast errors is presented. The framework includes analysing...

Knowledge maturity models are used to identify the stages of the evolution process and assess the management attributes when improving the inventory management practices and adopting more sophisticated inventory management techniques. The management attributes are (1) technical tools, (2)...

It is important to know the impacts that sales forecast errors have on the supply chain. Knowing the role of forecasting and the impacts of forecast errors creates a basis for defining a realistic target for forecast accuracy, identifying the most important customers and/or products to be...