Challenges in forecasting uncertain product demand in supply chain: A systematic literature review
- Publication Type:
- Conference Proceeding
- Citation:
- Managing the many faces of sustainable work, 2019
- Issue Date:
- 2019-01-01
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Forecasting for uncertain product demand in supply chain is challenging and statistical models alone cannot overcome the challenges faced. Our overall objective is to explore the challenges faced in forecasting uncertain product demand and examine extant literature by synthesizing the results of studies that have empirically investigated this complex phenomenon. We performed a Systematic Literature Review (SLR) following the well-known guidelines of the evidence-based paradigm which resulted in selecting 66 empirical studies. Our results are presented into two categories of internal and external challenges: 24 of the 66 studies express internal challenges, whilst 13 studies report external challenges, and 8 studies cover both internal and external challenges. We also present significant gaps identified in the research literature
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