HE ROLE OF DEMAND FORECASTING IN SUPPLY CHAIN MANAGEMENT
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: THE ROLE OF DEMAND FORECASTING IN SUPPLY CHAIN MANAGEMENT
The objective of this study is to explore the role of demand forecasting in supply chain management, focusing on its impact on inventory management, production planning, and overall supply chain efficiency. A survey design is employed due to its effectiveness in collecting data from a diverse population. Using Taro Yamane's formula, a sample size of 310 respondents is determined to ensure statistical significance. The case study is conducted in Abuja, focusing on a retail company with advanced demand forecasting capabilities. The reliability coefficient score of 0.86 indicates high reliability. Findings suggest that accurate demand forecasting significantly enhances supply chain management by improving inventory management, production planning, and overall efficiency. Recommendations include investing in advanced demand forecasting tools and regularly reviewing forecast accuracy.
Related Project Materials
FINANCIAL MANAGEMENT IN THE DIGITAL AGE
Abstract: FINANCIAL MANAGEMENT IN THE DIGITAL AGE
This study explores the impact of digitalization on financial management practices. Obj...
THE IMPACT OF REGULATORY COMPLIANCE ON BUSINESS PERFORMANCE
This study explores the impact of regulatory compliance on business performance. Objectives include: (1) evaluating the effectiveness of compliance...
THE INFLUENCE OF WORKING ENVIRONMENT ON TEACHERS’ TURNOVER IN PUBLIC PRIMARY SCHOOL
ABSTRACT
The aim of this study is to examine the influence of working environment on teachers’ turnov...
EMPLOYEE PRODUCTIVITY AND THE EFFECT OF MOTIVATION
ABSTRACT
The study of motivation in an organization enhances the degree to which it results in producti...
AN EXAMINATION ON THE IMPACT OF GUIDANCE AND COUNSELLING ON THE ACADEMIC PERFORMANCE AND TRANSITION RATE OF SECONDARY SCHOOL STUDENTS
ABSTRACT
This study was carried out to examine the impact of guidance and counselling on the acade...
INTEGRATING STEM EDUCATION INTO VOCATIONAL CURRICULUM
Abstract: This study investigates the integration of STEM (Science, Technology, Engineering...
EARNINGS MANAGEMENT AND FINANCIAL PERFORMANCE OF SELECTED DEPOSIT MONEY BANKS IN NIGERIA
EXCERPT FROM THE STUDY
The study sought to determine the effect of earnings management on financial performance of selected commercial ba...
EFFECTS OF CULTURE ON TEACHING OF SOCIAL STUDIES IN SECONDARY SCHOOLS
ABSTRACT
This study assessed the effects of culture on teaching of social studies in junior secondary schools which are...
ADMINISTRATION OF JUSTICE IN NIGERIAN COURTS: PROBLEMS AND PROSPECTS
ABSTRACT
The topic “ Administration of justice in Nigerian courts, problems and&n...
THE REORIENTATION OF FAMILY VALUES THROUGH RADIO BROADCAST CAMPAIGNS ON GENDER-BASED VIOLENCE AGAINST WOMEN
EXCERPT FROM THE STUDY
This study focuses on reorientation of family values through radio broadcast campaigns on gender-...
