Case Study
Forecast Model Selection in FMCG Supply Chains
www.lums.lancs.ac.uk/forecasting Forecasting Centre Success Stories PROJECT SUMMARIES Forecast Model Selection in FMCG Supply Chains Executive summary This project successfully developed statistical routines for selecting optimal forecasting models for FMCG manufacturer Beiersdorf worldwide. Forecasting accuracy has been increased leading to substantial inventory savings. Challenge overview Beiersdorf (BDF) is a global fast