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Details of Grant 

EPSRC Reference: GR/S60198/01
Title: The Effective Design & Use of Forecasting Support Systems for Supply Chain Management
Principal Investigator: Goodwin, Professor P
Other Investigators:
Fildes, Professor R
Researcher Co-Investigators:
Project Partners:
Delphus Incorporation Finmatica Mercia
Department: School of Management
Organisation: University of Bath
Scheme: Standard Research (Pre-FEC)
Starts: 01 January 2004 Ends: 31 December 2006 Value (£): 79,205
EPSRC Research Topic Classifications:
Manufact. Enterprise Ops& Mgmt Mathematical Aspects of OR
EPSRC Industrial Sector Classifications:
Information Technologies
Related Grants:
GR/S60181/01
Panel History:  
Summary on Grant Application Form
Supply chain planning is wholly reliant on accurate forecasts in most industries and these forecasts are provided through Forecasting Support Systems (FSSs). Current evidence suggests that these systems are not used effectively so that large and costly errors are associated with the resulting forecasts. This project will first involve an in-depth investigation of the causes of ineffective FSS use in organisations. It will then use a series of experiments to test the effectiveness of potential new design features on a prototypical FSS. We expect, at the end of the project, to have developed a pro-forma set of recommendations to software providers on new features that should significantly improve FSS use and forecasting accuracy. This is an ambitious interdisciplinary project which has the support of two software companies and a number of major manufacturing companies. It is innovative both in the integration of the methods used (prototyping linked to simulation, laboratory and organisational research, psychological and statistical methods) and its field of application.
Key Findings
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Organisation Website: http://www.bath.ac.uk