Forecasting is a powerful feature in Supplyit that when enabled makes predictions for future order based on past data and analysis of trends. Standard Forecasting requires the location to adjust orders and record waste daily for a minimum of 4 weeks. Workflows and Worksheets should be enabled to guide and ensure success.
- Products with forecasting enabled will display the symbol under Unit
- Forecasting can be enabled on some, or all products.
- Clone can be used to select all products that will have the same waste standard.
- Exclude orders that are out of the ordinary from forecasting.
Factors that could impact forecasting when enabled:
Supplier Rules - rounding and direction
Waste not being entered
Events - enterprise and/or local
Seasonal population changes
Some Supplyit accounts use advanced forecasting. Those order templates will show an option to select Sales or Standard from a drop-down menu in the Forecasting Column. When Sales forecasting is selected, a Day Span section will show to the right of the Waste Minimum column.