on 09-18-2008 9:24 AM
Helllo Everyone,
Can anyone please tell me - What is the concept and utility of Forecast Model in SAP APO?
Thanks & Regards,
Ujwal Arora
Hi Ujwal
Well you can visit this link
http://help.sap.com/saphelp%5Fscm2007/helpdata/en/8f/9d6937089c2556e10000009b38f889/frameset.htm
How ever the concept of Forecast model is to base your judgement of forecast for a product or group of products on determining factors like history of sales, promotions, past & present, trend, season & other such attributable causal factors. You create a set of such fators assign weightage to it & based on these work out most probable demand in the future.
Best regards
Sanjeev G Joshi
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Hello Ujwal,
Looking at historical market demand,companies decides to forecast using different formulas/forecast models...so that there is less difference between demand and supply plans to meet the customer requirements.
Here below is the link to different model and when they should be used :
http://help.sap.com/erp2005_ehp_03/helpdata/EN/7d/c279b9454011d182b40000e829fbfe/frameset.htm
Thukral
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