Search results

1 – 10 of 45
Article
Publication date: 23 May 2008

Peter M. Catt, Robert H. Barbour and David J. Robb

The paper aims to describe and apply a commercially oriented method of forecast performance measurement (cost of forecast error – CFE) and to compare the results with commonly…

2651

Abstract

Purpose

The paper aims to describe and apply a commercially oriented method of forecast performance measurement (cost of forecast error – CFE) and to compare the results with commonly adopted statistical measures of forecast accuracy in an enterprise resource planning (ERP) environment.

Design/methodology/approach

The study adopts a quantitative methodology to evaluate the nine forecasting models (two moving average and seven exponential smoothing) of SAP®'s ERP system. Event management adjustment and fitted smoothing parameters are also assessed. SAP® is the largest European software enterprise and the third largest in the world, with headquarters in Walldorf, Germany.

Findings

The findings of the study support the adoption of CFE as a more relevant commercial decision‐making measure than commonly applied statistical forecast measures.

Practical implications

The findings of the study provide forecast model selection guidance to SAP®'s 12+ million worldwide users. However, the CFE metric can be adopted in any commercial forecasting situation.

Originality/value

This study is the first published cost assessment of SAP®'s forecasting models.

Details

Industrial Management & Data Systems, vol. 108 no. 5
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 11 January 2021

Philip James Catt

This paper aims to describe the development of a tailorable framework of practices for maintenance delivery (MD) and present a range of examples to demonstrate the tailoring…

Abstract

Purpose

This paper aims to describe the development of a tailorable framework of practices for maintenance delivery (MD) and present a range of examples to demonstrate the tailoring process. The framework covers the entire scope of MD in detail, including several related subjects where significant business process interaction occurs. It offers a wide range of optional practices throughout, complete with expert guidance to enable tailoring based on the business context.

Design/methodology/approach

The framework was developed in two stages: firstly, via a review of existing MD processes from the literature to establish a preliminary version; this was then developed further via a Delphi study utilising the opinion of experts from industry to validate, critique and improve the initial framework design.

Findings

The completed framework was implemented and tested by the industrial sponsor of this research and was found to deliver significant improvement to their MD practices.

Practical implications

The tailorable nature of the framework means that it can be utilised by any business to design an MD process that is fully effective within their specific context. Alongside a tailored MD process, the framework will also generate a fully aligned implementation specification for the supporting computerised maintenance management system (CMMS), which is also tailored according to the same contextual requirements. This will enable the end user of the framework to procure, implement and configure a CMMS that has all of the functionality required to fully support their business requirements.

Originality/value

Innovation is delivered by combining a novel business process design tool with a software specification tool to solve a common industry problem (i.e. poor CMMS implementation).

Details

Journal of Quality in Maintenance Engineering, vol. 28 no. 1
Type: Research Article
ISSN: 1355-2511

Keywords

Article
Publication date: 11 December 2018

Jan Michael Alexandre Cortez Bernadas and Cheryll Ruth Soriano

The purpose of this paper is two-fold. First, it explores the extent to which diversity of connectivity or the connection through multiple internet access points may facilitate…

Abstract

Purpose

The purpose of this paper is two-fold. First, it explores the extent to which diversity of connectivity or the connection through multiple internet access points may facilitate online privacy behavior. Second, it explains the diversity of connectivity-online privacy behavior link in terms of information literacy.

Design/methodology/approach

Situated in the context of urban poor youth in the Philippines (n = 300), this paper used a quantitative approach, specifically an interview-administered survey technique. Respondents were from three cities in Metro Manila. To test for indirect relationship, survey data were analyzed using bootstrapping technique via SPSS macro PROCESS (Hayes, 2013).

Findings

Urban poor youth with diversified connection to the internet engaged in online privacy behavior. The more the youth are connected to the internet through diverse modalities, the more this fosters cautious online privacy behavior. In addition, information literacy explained how diversity of connectivity facilitated online privacy behavior. It suggests that differences in online privacy behavior may result from the extent of basic know-how of navigating online information. In the context of the urban poor in the Global South, the youth are constantly negotiating ways to not only connect to the internet but also acquire digital skills necessary for protective online behaviors.

Originality/value

To date, this is one of the few papers to contribute to conversations about online privacy among youth in the Global South. It broadens the literature on social determinants of online privacy behavior that is crucial for designing policy interventions for those in the margins.

Details

Journal of Information, Communication and Ethics in Society, vol. 17 no. 1
Type: Research Article
ISSN: 1477-996X

Keywords

Article
Publication date: 26 September 2008

Peter Maurice Catt

The purpose of this article is to provide a critique of SAP's enterprise resource planning (ERP) (release ECC 6.0) forecasting functionality and offer guidance to SAP…

3204

Abstract

Purpose

The purpose of this article is to provide a critique of SAP's enterprise resource planning (ERP) (release ECC 6.0) forecasting functionality and offer guidance to SAP practitioners on overcoming some identified limitations.

Design/methodology/approach

The SAP ERP forecasting functionality is reviewed against prior seminal empirical business forecasting research.

Findings

The SAP ERP system contains robust forecasting methods (exponential smoothing), but could be substantially improved by incorporating simultaneous forecast comparisons, prediction intervals, seasonal plots and/or autocorrelation charts, linear regressions lines for trend analysis, and event management based on structured judgmental forecasting or intervention analysis.

Practical implications

The findings provide guidance to SAP forecasting practitioners for improving forecast accuracy via important forecasting steps outside of the system.

Originality/value

The paper contributes to the need for studies of widely adopted ERP systems to critique vendor claims and validate functionality through prior empirical research, while offering insights and guidance to SAP's 12 million+ worldwide enterprise system practitioners.

Details

Journal of Enterprise Information Management, vol. 21 no. 5
Type: Research Article
ISSN: 1741-0398

Keywords

Article
Publication date: 9 November 2015

Peter Hofer, Christoph Eisl and Albert Mayr

– The purpose of this paper is a comparison of forecasting behaviour of small and large Austrian firms, analysing their forecast practices in a volatile business environment.

1062

Abstract

Purpose

The purpose of this paper is a comparison of forecasting behaviour of small and large Austrian firms, analysing their forecast practices in a volatile business environment.

Design/methodology/approach

The empirical analysis of the paper, deductive by nature, was conducted by means of a quantitative online-survey (199 data sets). The relationship of perceived volatility and forecast predictability was evaluated by correlation analysis. t-Test and analysis of variances were used to examine significant differences in the forecast characteristics between small and large Austrian companies and different industries.

Findings

The study provides evidence that the surveyed companies have been hit by volatility, showing that Austrian SMEs are significantly more severely affected than large companies. The increasing volatility correlates with a reduced forecast predictability of sales quantities and commodity prices. Large Austrian companies primarily use a broad spectrum of qualitative forecasting methods. In contrast, Austrian SMEs utilize simple quantitative and qualitative forecast techniques, like the forward projection of historical data.

Research limitations/implications

Relevant for the forecasting of small and large companies.

Practical implications

Although management requests a broad spectrum of forecast qualities, the current usage of less sophisticated methods reveals a gap between intention and reality. Companies that supplement their qualitative techniques by sophisticated quantitative ones should expect less forecast bias.

Originality/value

This paper initially compares forecast methods in large and small Austrian firms and additionally provides the impact of volatility on the forecast predictability.

Details

Journal of Applied Accounting Research, vol. 16 no. 3
Type: Research Article
ISSN: 0967-5426

Keywords

Article
Publication date: 1 March 2001

K.G.B. Bakewell

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…

18714

Abstract

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.

Details

Structural Survey, vol. 19 no. 3
Type: Research Article
ISSN: 0263-080X

Article
Publication date: 1 September 2001

Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management…

14791

Abstract

Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.

Details

Facilities, vol. 19 no. 9
Type: Research Article
ISSN: 0263-2772

Article
Publication date: 1 March 2001

K.G.B. Bakewell

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…

14410

Abstract

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.

Details

Property Management, vol. 19 no. 3
Type: Research Article
ISSN: 0263-7472

Article
Publication date: 1 May 2001

K.G.B. Bakewell

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…

14174

Abstract

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.

Details

Journal of Property Investment & Finance, vol. 19 no. 5
Type: Research Article
ISSN: 1463-578X

Article
Publication date: 1 January 1980

A highly significant action taken by the Minister of Agriculture, Fisheries and Food, reported elsewhere in this issue, could well result in important advances in surveillance and…

Abstract

A highly significant action taken by the Minister of Agriculture, Fisheries and Food, reported elsewhere in this issue, could well result in important advances in surveillance and probably legislative control over enforcement of certain aspects of EEC legislation in the Member‐states. The Minister has sent an urgent request to the Commission in Brussels to dispatch inspectors to each country, including the United Kingdom, to examine and report on the standards of inspection and hygiene with detailed information on how the EEC Directive on Poultry Meat is being implemented. Information of the method of financing the cost of poultrymeat inspection in each country has ben requested. The comprehensive survey is seen as a common approach in this one field. The Minister requested that the results of the inspectors' reports should be available to him and other Member‐states.

Details

British Food Journal, vol. 82 no. 1
Type: Research Article
ISSN: 0007-070X

1 – 10 of 45