Forecast quality improvement with Action Research: A success story at PharmaCo

B-Tier
Journal: International Journal of Forecasting
Year: 2019
Volume: 35
Issue: 1
Pages: 129-143

Authors (2)

Phillips, Christina Jane (not in RePEc) Nikolopoulos, Konstantinos (Durham University)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

There is a gap in the forecasting research surrounding the theory of integrating and improving forecasting in practice. The number of academically affiliated consultancies and knowledge transfer projects that there are around, due to a need for improvements in forecast quality, would suggest that many interventions and actions are taking place. However, the problems that surround practitioner understanding, learning and usage are rarely documented. This article takes the first step toward trying to rectify this situation by using the specific case study of a fully engaged company. A successful action research intervention in the Production Planning and Control work unit improved the use and understanding of the forecast function, contributing to substantial savings, enhanced communication and improved working practices.

Technical Details

RePEc Handle
repec:eee:intfor:v:35:y:2019:i:1:p:129-143
Journal Field
Econometrics
Author Count
2
Added to Database
2026-01-26