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Forecasting Assignment.
- Words:
- 885
- Submitted:
- Mon Jun 19 2006

... Forecasting Assignment Paper Forecasting Assignment Paper Background Information Meijer foods Inc is in a head to head battle with Wal-Mart. The two store chain infrastructures are similar. Because of Wal-Mart's size, it has an economy of scale that allows it to operate approximately 5 percent cheaper. Meijer believes that the 5 percent comes from a more efficient supply chain. A 20+ million dollar, 18 month integrated software development effort was undertaken. A peripheral outgrowth of this effort was the development of a data-mining base necessary to forecast adequately. Meijer designed an automated system that maintain inventory starting from the point of sales (the register). The system then automatically provides proposed purchase orders for replacement product for each store. The purchase order automatically determines delivery time slot at the warehouse and the appropriate store. The software automatically cross-dock a large amount of incoming product directly to trailers destine to appropriate stores. A













