DocumentCode
39446
Title
The future is in there... somewhere [Electronics Modelling]
Author
Edwards, Chris
Volume
7
Issue
12
fYear
2013
fDate
Jan. 2013
Firstpage
74
Lastpage
77
Abstract
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.
Keywords
consumer behaviour; geophysics computing; production engineering computing; regression analysis; supply chain management; warehousing; weather forecasting; Mathworks; Matlab; Tesco warehouses; consumer behaviour; foodstuff delivery; local buying habits; local weather; purchasing behaviour; regression model; statistical model; supermarket chain; supply chain systems; weather data;
fLanguage
English
Journal_Title
Engineering & Technology
Publisher
iet
ISSN
1750-9637
Type
jour
Filename
6427460
Link To Document