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Forecast model and multiplier for ref material

Hi All,

Please help me with this scenario, I have the requirement to choose auto forecast model based on historical values where I can keep forecast model as J 'automatic model selection' but is there anyway i can reduce forecast values by some percentage in other wards I have to choose some percentage of the historical values only, when I looked at multiplier field in forecast tab where I can keep 75% but it is throwing an error message as below, is there anyway I can keep the percentage for consumption or for forecast values without this ref material concept? if not how can i create ref material specially for forecast consumption?

"

The data for the reference material for consumption is incomplete

Message no. M3575

Procedure

Please enter the following data:

  • Reference material
  • To-date
  • Factor
  • Period indicator

You need enter the reference plant only if you want it to differ from the current plant. If you leave the reference plant blank, the current plant will be adopted as the reference plant."

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1 Answer

  • Posted on Nov 08, 2012 at 04:04 AM

    Hi Sprint,

    I am also facing the same issues.

    The forecast model is not clever enough to detect that the past weeks are under promotion, which drives up the historical sales consumption.

    This result in overstocking once the promotion at the store ended.

    My user is doing it in a manual way by overriding the proposed qty. This is not efficient and involved too much time going thru the whole list of items.

    Please share if you have a workaround on this issue.

    Thanks

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