A Comparsion of Forecasting Accuracy of International Spare Part Business to Domestic Spare Part Business

Abstract

One of the large automotive companies usually faced more spare part availability issues in international business compares to domestic business. So, the objective of the study is to check the forecasting accuracy of international spare part business in comparison with domestic spare part business in the concerned company. In this paper, the researcher has collected domestic as well as international spare part order data from one of the large automobile manufacturers to compare the spare part forecasting accuracy in both businesses.