Draft A Report on " Logistics And Supply Chain Planning "

Suppose that you are a retailer, and you would like to design your own Supply Chain to launch a new products in a competitive environment. You will procure such a product from a wholesaler who will deliver the product to you, as needed, on the basis of a pricing scheme agreement.

Most of your decisions will be based on the amounts of product you will sell. Since you are trading a new product, you do not have any previous data-series of its demand.

However, you can use the sales of a similar product that are available for the last four years in order to predict your sales for the first 6 months of operation in 2023. The available data is summarized in the following Table:

Note 1: Please personalize your data (so they become unique and different from any other student) by completing the missing values with random numbers of your own choice.

Note 2: Please specific very clearly your seasonal periodicity M (if any) as well as your general trend and cyclic effect behavior (constant, linear or quadratic, etc.) and show their graphs both in the PDF and Excel files.

Use the above data and employ the decomposition method in order to forecast the amounts of your product to be sold during the first 6 months of operation in 2023. Your Report needs to be written in a concise, but rigorous, manner and should be less than 2500 words long excluding tables and figures. It should be comprehensive and self-explanatory (including all the method’s steps and the related graphs). You will be asked to submit through Moodle both your PDF Report (to explain all the steps of the method and to justify your choices) and your Excel file (that should include all your calculations and graphs as well).

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