The future is in there... somewhere [supply chain systems]

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The future is in there... somewhere [supply chain systems]

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This paper presents future developments of supply chain systems. Trucks were rolling out from Tesco's huge warehouses, in the process of delivering tonnes of foodstuffs to the supermarket chain's 3,000 outlets around the UK, their contents determined by the output of a statistical model that takes into account the local weather, local buying habits, and which day it is. Historic weather data causes change in purchasing behaviour. The core of the system is a regression model built in Mathworks' Matlab of weather and sales to work out what changes make consumers change behaviour.

Inspec keywords: regression analysis; production engineering computing; supply chain management; consumer behaviour; geophysics computing; weather forecasting; warehousing

Other keywords: supply chain systems; local weather; local buying habits; statistical model; weather data; Mathworks; foodstuff delivery; purchasing behaviour; Tesco warehouses; supermarket chain; consumer behaviour; regression model; Matlab

Subjects: Geophysics computing; Industrial applications of IT; Warehousing and storage; Marketing and sales; Production engineering computing; Statistics; Marketing computing; Other topics in statistics; Production management

http://iet.metastore.ingenta.com/content/journals/10.1049/et.2012.1220
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