Collaborative forecasting in networked manufacturing enterprises

Purpose This paper seeks to propose an overall model of collaborative forecasting for networked manufacturing enterprises. Design/methodology/approach Contributions by several authors to collaborative forecasting have been analysed from different viewpoints. A collaborative‐forecasting model for networked manufacturing enterprises has been proposed and validated by means of a simulation study. Findings This model significantly reduces the inventory levels of the whole network and improves customer service. Research limitations/implications Simulation experiments were done with the enterprise network herein described. Future research will include the simulation of more complex enterprise network scenarios with different characteristics. Practical implications The model can be implemented node‐to‐node, since not all the companies in the network have to participate, thus facilitating implementation and propagation throughout the network. Originality/value The paper proposes a new structured planning and forecasting collaboration model for networked manufacturing enterprises.