Abstract

A comparison of sales forecasting methods for a feed company: A case study

Highlights

  • In today's increasingly competitive conditions, companies are able to sustain their assets depends on effective production planning

  • Sales forecasting is of great importance in terms of planning the future activities of the companies especially in agriculture and food chains

  • Because of that sales forecasting is of great importance in terms of planning the future activities of the companies especially in agriculture and food chains

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Summary

Introduction

In today's increasingly competitive conditions, companies are able to sustain their assets depends on effective production planning. Sales forecasting is of great importance in terms of planning the future activities of the companies especially in agriculture and food chains. There is a vast literature on sales forecasting in supply chains. In 2006, McCarthy et al [1] present a literature review study in sales forecasting management area. Syntetos et al [2] present a detailed analysis on forcasting in supply chain. They provide a compherensive review and identify the research gaps in this area both from researcher and practitioner perspectives

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