
Hi Everybody,
I'm trying to prepare a process map for master planning module but I need to make sure if my understanding about forecast planning & scheduling is correct.
I have 3 questions related to this subject: What are the inputs and outputs in forecast scheduling?
1. In the forecast Plan, we have the options only to include demand forecast and supply forecast.
Is the forecast schedule considers only those factors plus the item coverage and allocation key & reduction principles parameters and generate planned orders only for foretasted items without checking the inventory? (For example there is no option to choose for considering on hand inventory or sales orders or inventory transactions .... in Forecast Plan)
2. We have the same options in Master plan to include demand forecast and supply forecast. In this case why we need to use forecast scheduling? Those orders could be generated in Master schedule directly...
3. Where the demand or supply forecasts are generated in AX? I understood there are 2 options, (1) we can use the Master planning module to generate the statistical baseline forecast exported to excel, do the adjustment & import back or (2) we can go to the released products and manually enter the demand or supply forecast for each item. Is there any other input for forecast schedule? For example what about the project module, when we have item or hour forecast in project, are they included in forecast scheduling? and what about the quotation lines?
I appreciate your inputs or any reference which clarifies specifically inputs & outputs of forecast scheduling.
Thanks,
Hasti
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I have the same question (0)Hello,
1) Correct, forecast scheduling will prompt planned orders with no regards for current on hand inventory. This is largely because the nature of forecasting is looking into the future (e.g. planning long lead time items) when it is difficult to gauge your on hand that far ahead
2) Because there may be instances where you only want to consider the demand forecast entries, achieving visibility of solely gross requirements and not net requirements
3) You can specify other elements you wish to include in the statistical baseline forecast in the demand forecasting parameters e.g. project/quotation:
I hope this helps