IDEAS home Printed from https://ideas.repec.org/a/eme/ijppmp/v61y2012i4p445-451.html
   My bibliography  Save this article

Integration of demand forecasts in ABC‐XYZ analysis: practical investigation at an industrial company

Author

Listed:
  • Bernd Scholz‐Reiter
  • Jens Heger
  • Christian Meinecke
  • Johann Bergmann

Abstract

Purpose - Item classification based on ABC‐XYZ analysis is of high importance for strategic supply and inventory control. It is common to perform the analysis with past consumption data. In this context, the purpose of this study is to test the hypothesis that an integration of demand forecasts can improve the performance of item classification, in particular the performance of ABC‐XYZ analysis. Design/methodology/approach - For the study, real data of an industrial enterprise in the mechanical engineering sector (focal company) were analyzed and evaluated. Findings - The study shows that a comprehensive data analysis of the focal company can recommend a specific implementation of the ABC‐XYZ classification. In contrast to the classic method of making the ABC‐XYZ analysis based on consumption data only, the approach developed in this paper offers considerable advantages. These are quantifiable in respect to an assumed optimal reference classification. Originality/value - The evaluation of the results is very promising and applicable to other branches besides mechanical engineering.

Suggested Citation

  • Bernd Scholz‐Reiter & Jens Heger & Christian Meinecke & Johann Bergmann, 2012. "Integration of demand forecasts in ABC‐XYZ analysis: practical investigation at an industrial company," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 61(4), pages 445-451, April.
    • Handle: RePEc:eme:ijppmp:v:61:y:2012:i:4:p:445-451
    DOI: 10.1108/17410401211212689
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/17410401211212689/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/17410401211212689/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/17410401211212689?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jussim, Maxim, 2014. "Entwicklung eines Simulationstools zur Analyse von Prognose- und Dispositionsentscheidungen im Krankenhausbereich," Bayreuth Reports on Information Systems Management 57, University of Bayreuth, Chair of Information Systems Management.
    2. Bhamra, Ran & Hicks, Christian & Small, Adrian & García-Villarreal, Enrique, 2022. "Value, product delivery strategies and operational performance in the medical technology industry," International Journal of Production Economics, Elsevier, vol. 245(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:ijppmp:v:61:y:2012:i:4:p:445-451. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.