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    Wilkins, A Zurn Company: Demand Forecasting: Submitted By: Group 10

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    HEM BANSAL
    This document is a demand forecasting report submitted by a group for Wilkins, a Zurn company. It summarizes the company's history of acquisitions. It then describes Wilkins' customers as primarily the plumbing, municipal, fire protection, and irrigation markets. Environmental factors like weather and economic factors like unemployment and financing availability impact demand. The group analyzed various forecasting methods for Wilkins' product lines and their accuracy based on error metrics.

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    Wilkins, A Zurn Company: Demand Forecasting: Submitted By: Group 10

    Uploaded by

    HEM BANSAL
    90 views5 pages
    This document is a demand forecasting report submitted by a group for Wilkins, a Zurn company. It summarizes the company's history of acquisitions. It then describes Wilkins' customers as primarily the plumbing, municipal, fire protection, and irrigation markets. Environmental factors like weather and economic factors like unemployment and financing availability impact demand. The group analyzed various forecasting methods for Wilkins' product lines and their accuracy based on error metrics.

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    SDM Sec C Wilkins

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    This document is a demand forecasting report submitted by a group for Wilkins, a Zurn company. It summarizes the company's history of acquisitions. It then describes Wilkins' customers as primarily the plumbing, municipal, fire protection, and irrigation markets. Environmental factors like weather and economic factors like unemployment and financing availability impact demand. The group analyzed various forecasting methods for Wilkins' product lines and their accuracy based on error metrics.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    90 views5 pages

    Wilkins, A Zurn Company: Demand Forecasting: Submitted By: Group 10

    Uploaded by

    HEM BANSAL
    This document is a demand forecasting report submitted by a group for Wilkins, a Zurn company. It summarizes the company's history of acquisitions. It then describes Wilkins' customers as primarily the plumbing, municipal, fire protection, and irrigation markets. Environmental factors like weather and economic factors like unemployment and financing availability impact demand. The group analyzed various forecasting methods for Wilkins' product lines and their accuracy based on error metrics.

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    © All Rights Reserved
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    WILKINS, A ZURN COMPANY: DEMAND

    FORECASTING
    SEC C
    GROUP –10

    Submitted by:
    Group 10
    Prateek – PGP09219
    Ritu Singh – PGP09225
    Risha Agarwal – PGP09224
    Sagar Rastogi – PGP09226
    Sameet Khan – PGP09228
    Srijan Raghav – PGP09179
    5C ANALYSIS
    Company
     Zurn Industries acquired Wilkins in 1971
     Later in 1998, Zurn merged with U.S. Industries Bath & Plumbing Products Co. and changed its name to Jacuzzi Brands in 2003
     Wilkins Regulator company dealt in high-quality products that included water pressure reducing valves and backflow
    preventers to anti-scald shower valves

    Customers
     Wilkins Regulator company dealt with plumbing, municipal waterworks, fire production and irrigation customer markets
     The general plumbing customer market represented approx. half of its sales revenue
     The irrigation customer market represented approx. a quarter of its sales revenue

    Collaborators
     Our plumbing products business is dependent upon commercial and institutional construction activities
     Demand for our products is primarily driven by new home starts, remodeling and construction activity
    5C ANALYSIS

    Context
    Environmental-
     Weather forms an important variable for the organization as it significantly impacts construction
     Spring and Summer months in the US and Europe represent the main construction season for commercial and industrial markets
     The autumn and winter months generally impede construction and installation activity
    Economical-
     The broader economy gives an impact on our end markets
     Our plumbing products business is dependent upon commercial and institutional construction activities and is, therefore, affected by
    macroeconomic factors such as:
     unemployment rate
     availability of financing.
     The company has achieved substantial growth through the following factors:
     favourable pricing
     product innovation
     targeted marketing programs
    ANALYSIS

    Forecasting methods Forecasted Sales MAPE Adjusted R


    square

    3 Quarter Moving Average 35111.3 27% PVB Unemp 0.021

    4 Quarter Moving Average 33211.5 31% PVB Bankprime 0.077

    Weighted Avg (70%, 20%, 10%) 37699.8 22% PVB Unemp+Bankprime 0.065

    Weighted Avg (50%, 30%, 20%) 36418.6 24% PVB Unemp+Bankprime+Total 0.246

    Exp Smoothening 36987.4 23% Fire Valve Unemp -0.058

    Regression 52987.8 10% Fire Valve Bankprime -0.056

    Connors & Fields Forecast 53560 11% Fire Valve Unemp+Bankprime -0.132

    Actual 48159 Fire Valve Unemp+Bankprime+Total -0.011


    THANK YOU

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