Forecast improvement by Simulation – Shimano Europe



Company Name / Department

Shimano Europe

Contact Person

Gillis van de Zande

Location Eindhoven, High Tech Campus

Optional remote work

Yes, 50% remotely possible
Travel expenses (own account or reimbursed by the company) Own account (option to receive NS business card if required)
Housing arranged by company No
Housing expenses (how much per month, own account or subsidized by the company)
Internship compensation  €500,- per month
Study program OML – OPAC
ESCF community

Full member

Start date

February, 2024



Company Description

    On high level Shimano develops, manufactures and markets products that give people the opportunity to enjoy nature around them through cycling, fishing and rowing.


    Project Description

    Project description:

    Within Shimano we want to improve the management of our stock levels & product availability. Improving the forecast is key to make this happen. In this project we want to challenge a student to come up with forecast improvement(s) and subsequently test via business simulation if this beats the as-is forecast method we use. With improvements you can think of using a different forecast aggregation level (total level, warehouse level, sales office or even product level) or replacing human interference with system generated forecast.  

    Goals of the project:

    • Identify forecast improvements
    • Simulate the forecast improvements vs the as-is forecast method
    • Recommendations how to (1) improve our forecast (2) predict the impact on inventory


    • Scope
    • Analysis of situation as-is
    • Define forecast improvement suggestions
    • Measure forecast improvements by simulations
    • Potential impact on inventory
    • Recommendations

    Essential student knowledge:

    • Being able to deal with lots of data & Python
    • Outgoing – Not afraid to have interviews with different stakeholders across the company
    • Organized – Good planning skills
    • Curious






      More information:  


      logo PostNL 240x140