SYSPRO


Inventory Forecasting g

 
Objective
 

To provide the data and tools to produce sales forecasts as well as the means to measure the quality of the forecast.

 
The Value of Inventory Forecasting
  • Forecast at item/warehouse level
  • Variety of forecast algorithms including a competition method
  • Set default algorithms at company or stock code levels
  • Ability to handle seasonality
  • Manually or automatically remove outliers and anomalies
  • Facility to edit history
  • Utilize monthly or weekly time buckets
  • Define multiple calendars
  • Determine forecast horizon up to 24 months
  • Improve visibility with graphical output
  • Edit suggested forecast to reflect market intelligence
  • Store three or more years of history
  • Use of proxy to forecast items with no history
  • Batch updating of forecast parameters.

Matching Inventory Forecasting to your business

  • Powerful Pareto (ABC) Analysis enables easy identification of the items that contribute most to the business
  • Store parameter analysis sets that can carry through the entire process
  • Multi-level analysis (stock code, warehouse, product class, supplier, planner or buyer) allows tracking of product performance at all these levels
  • Analyze sales value, gross profit, cost of sales, quantity sold or hits (invoice line occurrences) with Pareto
  • Automatically update history in real time
  • Forecast in batch or manually – manual forecast items typically need market intelligence, or are of critical importance to the business
  • Compare the manual forecast with computer recommended forecast
  • Control and validate the forecast before it becomes active
  • Convert approved forecast to current forecast with Requirements Planning
  • Edit history to exclude specific invoices, outliers or make manual adjustments

 
Home | White Paper Library | Case Study Library | Advisory Council | About Us | Contact Us | Privacy Policy | Site Map
© 2008-2016, Top10ERP.org. All rights reserved.