Global demand transparency in the ABB supply chain

Abstract

This paper attempts to provide a solution to a problem facing many multinational firms: the lack of an accessible and comprehensive database for up-to-date component part forecasts. We consider this problem in the context of ABB BU DMPE. After considering various requirements and constraints regarding the consolidation of forecasting information, we propose a novel combination of standardized process and the use of certain IT tools as a first step. After a test run, we discovered that consolidation of forecasting information increases transparency within the supply chain. As a corollary result of our pilot program, we propose that prior to any attempt at consolidation, enforcement of a standardized form and method of forecasting at the local level.