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Supplier Volatility Reports

  • January 20, 2025
  • 6 replies
  • 36 views

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Hello All,

I am hoping for some guidance on Supplier forecast volatility. I’m curious if there is a way in IFS to understand the order forecasts and supplier commitment changes over time to address supply volatility and ensure supplier accountability. 

I have seen Supplier 360, but there does not seem to be any reports or areas where you can essentially view their forecasted buys with the changes. Essentially if a Supplier commits to buy $100,000 of part XYZ, but they only bought $20,000 over that period of time.

Any guidance would be greatly appreciated. 

Best answer by Marcel.Ausan

@cjohnson OK, got it. I know with Customer Schedules you can use Tolerance Check Templates and you could quickly identify qty deviations between different customer schedules.

Based on tolerance check results, you could have some quick reports created that could getch data from tolerance checks and compare with invoiced sales and you could have an idea on which customers more often break the contract/agreement in terms of qty ordered vs qty contracted.

 

Below is a URL that explains the Tolenace Check functionality for Customer Schedules / Supplier Schedules.

https://docs.ifs.com/ifsclouddocs/24r2/Procurement/AboutToleranceCheckMethod.htm?StandAlone=true

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6 replies

Marcel.Ausan
Ultimate Hero (Partner)
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  • Ultimate Hero (Partner)
  • 1142 replies
  • January 20, 2025

@cjohnson the only thing I could think about would be Supplier Reliability. I’m not sure if this screen exists in Apps10.

 


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  • Author
  • Superhero (Customer)
  • 217 replies
  • January 20, 2025

@Marcel.Ausan Yes, that screen does exist, but I believe that is related to the supplier. Sorry, I should have been more clear that I am looking at the Customers Forecast to what they actually purchased. I referred to it incorrectly. Essentially if a customer forecast is for 1,000 units and they only end up purchasing 500, that is what I am looking to see. However, on Customer 360, it only appears to take into account Customer Orders and not their forecasts.


Marcel.Ausan
Ultimate Hero (Partner)
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  • Ultimate Hero (Partner)
  • 1142 replies
  • January 20, 2025

@cjohnson initially I thought your question doesn’t make sense in the context of suppliers.

How do you track customer forecasts? Do you use master schedule? Or Customer Schedule functionality?


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  • Author
  • Superhero (Customer)
  • 217 replies
  • January 20, 2025

@Marcel.Ausan Yes, sorry about the confusion. We use Customer Schedules.


Marcel.Ausan
Ultimate Hero (Partner)
Forum|alt.badge.img+22
  • Ultimate Hero (Partner)
  • 1142 replies
  • Answer
  • January 21, 2025

@cjohnson OK, got it. I know with Customer Schedules you can use Tolerance Check Templates and you could quickly identify qty deviations between different customer schedules.

Based on tolerance check results, you could have some quick reports created that could getch data from tolerance checks and compare with invoiced sales and you could have an idea on which customers more often break the contract/agreement in terms of qty ordered vs qty contracted.

 

Below is a URL that explains the Tolenace Check functionality for Customer Schedules / Supplier Schedules.

https://docs.ifs.com/ifsclouddocs/24r2/Procurement/AboutToleranceCheckMethod.htm?StandAlone=true


Forum|alt.badge.img+17
  • Author
  • Superhero (Customer)
  • 217 replies
  • January 21, 2025

@Marcel.Ausan Thank you! I will investigate that.


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