Business process forecasting in the building materials industry

Theoretical foundations, methodological approaches, and tools for forecasting business processes in the building materials industry within the framework of the digital economy paradigm have been studied. The arguments justifying the need to use business process modeling for forecasting have been presented. A modern interpretation of the information modeling concept and the main measures contributing to the forecasting business processes development in the industry have been proposed. The goals and objectives of economy digitalization, contributing to the business processes forecasting in the industry, have been considered and systematized. The principles of forecasting business processes, promising variations of improving the quality of construction facilities and reducing risks and costs in the supply of building materials have been discussed. It has been shown how the evolution of forecasting approaches in the Russian building materials industry goes through certain stages of forecasting methodologies. Modern methodological approaches consider qualitative and quantitative methods of forecasting business processes in the building materials industry. The impact of digital economy on forecasting paradigms in the digital era has been reflected, which transforms forecasting from reactive extrapolation into proactive prediction through several mechanisms. The importance of modern issues and theoretical gaps in forecasting business processes, which, despite methodological advances, persist in a signifi way, has been indicated. The importance of theoretical and practical issues in the industry – data fragmentation, uncertainty caused by sanctions, digital inequality, and the conceptual gap – has been highlighted.

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