Weather or Not? Examining the use of forecast data in demand prediction for perishable foods

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dc.contributor.advisor Hazledine, T en
dc.contributor.author Barton, Benjamin en
dc.date.accessioned 2018-07-24T02:51:30Z en
dc.date.issued 2018 en
dc.identifier.uri http://hdl.handle.net/2292/37533 en
dc.description Full Text is available to authenticated members of The University of Auckland only. en
dc.description.abstract Food waste is a global problem that undermines industry profitability, contributes to climate change and, when considered in conjunction with food poverty, is a potent symbol of the inequalities and inefficiencies found in contemporary food systems. With accurate data on food retail waste in New Zealand absent, this research is motivated by sales data from a New Zealand grocery retailer. Times series modelling methods were used to examine how weather data can assist with the forecasting of perishable food sales. The process identifies a number of sales series with statistically significant weather correlations. Validation came from a small number of these relationships found to reduce forecast error measurements. Data limitations prevent definitive statements, though it appears use of weather forecast data can improve the demand forecasting process and reduce losses incurred in perishable food retail to deliver both increased profits and societal benefits. However, data availability suggests refining data collection, management, and operational processes will bring greater inventory efficiency gains. The link between discounting, weather, and promotions is identified as an opportunity for interdepartmental collaboration as innovation will be required to solve the challenges facing perishable food retail. en
dc.publisher ResearchSpace@Auckland en
dc.relation.ispartof Masters Thesis - University of Auckland en
dc.relation.isreferencedby UoA99265119113402091 en
dc.rights Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. en
dc.rights Restricted Item. Full Text is available to authenticated members of The University of Auckland only. en
dc.rights.uri https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm en
dc.rights.uri http://creativecommons.org/licenses/by-nc-sa/3.0/nz/ en
dc.title Weather or Not? Examining the use of forecast data in demand prediction for perishable foods en
dc.type Thesis en
thesis.degree.discipline Economics en
thesis.degree.grantor The University of Auckland en
thesis.degree.level Masters en
dc.rights.holder Copyright: The author en
pubs.elements-id 750035 en
pubs.record-created-at-source-date 2018-07-24 en


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