Sales Forecasting

Get a more accurate picture of total demand with ERP123 Sales Forecasting

ERP123 Sales Forecasting is fully integrated with the inventory and material planning system .  Its purpose is to supplement actual order demand with forecast demand, creating a better picture of overall future demand.  Forecasting is widely utilized in repetitive manufacturing operations, especially  those tied to automotive supply chain.  ERP123 also supports the EDI-830 transaction (Forecast & Releases) that most automotive customers use to communicate this data.  Features of the ERP123 Sales Forecasting system include:
  • Period-based or date range-based data entry
  • Auto-generate daily or weekly buckets
  • Forecast consume function subtracts actual sales from forecasts to help keep material plans stable
  • Track forecast changes
  • Inquiry modules report forecast vs actual sales

The Inventory Management Flowchart shows the data flow in a typically inventory management system with sales forecasting

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