DEVELOPMENT OF A FORECASTING MODEL FOR RESIN CONSUMPTION PRODUCTION PLANNING

• DOI: https://doi.org/10.22533/at.ed.317512507017

• Palavras-chave: In-process inventory, ABC Method, Production Planning, Quantitative Forecasting, Forecast error.

• Keywords: In-process inventory, ABC Method, Production Planning, Quantitative Forecasting, Forecast error.

• Abstract:

  We live in a highly competitive environment, where the market continues to transform towards a more global dimension and consumers are becoming more and more demanding. This forces companies to make strategic decisions that optimize their internal processes and allow them to remain competitive. In this context, planning takes on great importance in industries, as it facilitates the anticipation of what will happen in the near future. The objective of this article is to develop a forecasting model for the resin raw material with the highest consumption during the last 90 days, in order to anticipate the material needs for production in a world leader company in access solutions.