Sustainable manufacturing systems based on demand forecasting—supply chain sustainable growth

Abstract

Contemporary business environment is characterized by a high level of dynamics development and by competitive advantage. There is an increasing demand on both living environment protection and effective management of supply chains of particular industries. Supply chains have been becoming more complex and bulkier in the light of streaming material flows. One of the bases of a long-term socio-economic development of society in current global business environment is effective planning, management and control of bulky material flows of supply chains. Company’s management systems and also manufacturing management systems should be based on a forecasting subsystem of an independent demand or consumption. An accurate demand forecast enables adequate production of final products, parts, etc., although there is no overproduction or shortage. In final consequence the manufacturing systems based on progressive forecasting subsystems represent one of the main parts of supply chains in context of living environment protection and long-term sustainable development—thus the production or material flows are adequate within particular regional or global supply chains. This article deals with current issues of effective manufacturing systems of supply chains based on prognostic subsystems of independent demand or consumption. © Springer International Publishing Switzerland 2016.