A1 Journal article – refereed
Accuracy of the economic anticipating in a Nordic paper mill – a case study




List of Authors: Esa Hämäläinen, Ulla Tapaninen
Publisher: Inderscience Enterprises Ltd.
Publication year: 2011
Journal: International Journal of Applied Management Science
Number in series: 4
Volume number: 3
Issue number: 4
Number of pages: 17
ISSN: 1755-8913

Abstract


Abstract: The accuracy of anticipating is an important matter in a paper mill’s



supply chain process. This study focuses on exploring with correlation analysis



the differences between anticipatory and actual paper demand, price and cost



variables regarding a Nordic paper mill. The empirical mill data includes



anticipated and actual economic variables from the mill to the customers in



fifteen European countries during 2002–2008, covering 90% of the mill’s sales.



This kind of anticipatory-actual comparison has been examined scantily. The



empirical findings show that forecasting on the mill level has been quite



accurate, but between different markets there is much variation. The mill has



not succeeded in estimating gross margins in many markets. This study states



that a supply chain examination is worth integrating with the spatial context in



order to yield valid results. Each market needs specific actions to be taken to



ensure that anticipating is as accurate as possible.



Last updated on 2019-21-08 at 21:40