A forecast cannot be created without a Forecast Set. Typically, a forecast is used to predict sales volumes (by product/item, date/period, and quantity). Forecasts are used as input in supply chain planning so that supply can meet demand.
Navigation Path: Planning>Master>Forecast
- Follow the above steps to open the ‘Forecast Set’ screen.
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- Select the ‘Code’ of the ‘Forecast Set’ to be created.
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- Enter the ‘Name’ of the ‘Forecast Set’ desired to be created or it is automatically selected when the ‘Code’ is entered in the previous field.
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- Choose whether to use ‘Forecast Consume’.
- If enabled, the forecast set considers both the Forecast quantity and Sale order quantity (Eg. FQ=20, SOQ=10 Total =20).
- If disabled, the forecast set considers both the Forecast quantity and Sale order quantity as separate quantities (Eg. FQ=20, SOQ=10 Total =30).
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- Choose ‘Period Type’ from the drop-down list.
- Day: When selected, the total quality will be split into Daywise production.
- Week: When selected, the total quality will be split into Weekly production.
- Month: When selected, the total quality will be split into Monthly production.
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- Choose ‘Level’ from the drop-down list.
- Item: Currently only ‘Item’ selection is available.
- Customer Item: Featured
- Allocation Item: Featured
- Task Item: Featured
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- Select the ‘Forecast Incharge’ from the drop-down list. Forecast Incharge help allocate an employee the responsibility of overlooking the Forecast created.
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- Foreword Days: Featured
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- Max% Per Document: Featured.
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- Backward Days: Featured
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- Click ‘Save’ to create a new Forecast Set or ‘Update’ if modifications are made to the previously created Forecast Set.
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Revisions
- December 12, 2022 @ 05:44:04 [Current Revision] by admin
- December 8, 2022 @ 09:18:45 by arul