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Latest revision as of 19:11, 12 July 2022
The activities associated with reporting and evaluating the demand forecast for products and services. This may include forecast accuracy, trends and risks analysis, validation of customer inventory targets and forecast review/consensus meetings.
Validate Demand Forecast typically focuses on unconstrained demand forecasts, statistical demand forecasts and historical forecast accuracy.
Use Cases
- Sales Forecast meetings
- Consensus meetings*
- Forecast adjustments when the S&OP process indicates a demand shortage
Notes
*) This includes the decision-making activities if a Statistical Forecast and a Customer Forecast exist and present different data.
Planning Frequency
m:CO113
Demand Planning
Hierarchy
| ID | Name | Level | x | | P1 | Plan Supply Chain Operations | 2 | P1 |
| P102 | Validate Demand Forecast | 3 | P102 |
Term(s)
| ID | Name | Clear | x | | CSF | Customer Specific Forecast | | CSF |
| SDF | Statistical Demand Forecast | | SDF |
Workflow
Validate Demand Forecast Plan Supply Chain Operations 5110200 3 Plan, Planning, Consensus, Demand, Forecast, Accuracy, Supply Chain Review of the consolidated demand forecast in order to reach an (unconstrained) consensus demand forecast for products and services