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Automatic Multiple forecast


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Hi Community,

Please how can I run Forecast for multiple parts automatically in IFS . I have over 35000 Parts to forecast and this will be very difficult to forecast individually.

Thanks 

 

Julius

Best answer by Jakob Bjorklund

You can use IFS Demand Planning which will automatically create forecasts each week or month  according to the parameters you decide and the historical consumption. The parameters are general and don’t need to be defined for each part individually. Then the forecasts can be used to calculate reorder points using our solution for inventory replenishment, or as input to the master schedule. 

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Jakob Bjorklund
Do Gooder (Employee)
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  • Do Gooder (Employee)
  • 10 replies
  • Answer
  • April 29, 2021

You can use IFS Demand Planning which will automatically create forecasts each week or month  according to the parameters you decide and the historical consumption. The parameters are general and don’t need to be defined for each part individually. Then the forecasts can be used to calculate reorder points using our solution for inventory replenishment, or as input to the master schedule. 


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  • Author
  • Do Gooder (Customer)
  • 13 replies
  • April 29, 2021

Thank you so much !


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