Name: Digitization in Controlling: Forecasting Processes Through Automation (Bestmasters) (en Inglés)
Price: 54.18 USD
Availability: InStock
Author: Andre Gro&Szlig;E Kamphake
ISBN: 9783658287405

portada Digitization in Controlling: Forecasting Processes Through Automation (Bestmasters) (en Inglés)

Digitization in Controlling: Forecasting Processes Through Automation (Bestmasters) (en Inglés)

Formato

Libro Físico

Editorial

Springer Gabler

Autor

Andre Gro&Szlig;E Kamphake

Año

2020

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

ISBN13

9783658287405

N° edición

Categorías

Gestión y técnicas de gestión

Digitization in Controlling: Forecasting Processes Through Automation (Bestmasters) (en Inglés)

Andre Gro&Szlig;E Kamphake (Autor) · Springer Gabler · Tapa Blanda

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Reseña del libro "Digitization in Controlling: Forecasting Processes Through Automation (Bestmasters) (en Inglés)"

Andre Große Kamphake deals with the digitization in controlling and focuses in this context on the analysis of automated forecasting processes within a chemical company. He aims at outlining to what extent and how accurate forecasting processes can be automated in the age of digitization and big data. Therefore, the forecast of the working capital is put at the center since it plays a leading role for the cash collection process. Based on data from 2015 to 2018, two different forecasting models are combined to optimally predict the different components contained in the working capital. The author manages to prove that both a trained forecasting algorithm achieves a prediction accuracy of 92.49 % and statistical methods in machine learning lead to a significant increase in forecasts compared to naive forecasting models.