OpenReference

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

Metric(s)

ID	Name	Level	x
RS11	Planning Frequency	2	RS11

Term(s)

ID	Name	Clear	x
CSF	Customer Specific Forecast		CSF
SDF	Statistical Demand Forecast		SDF

Workflow

From Input(s)	Process	Output(s) To
wf_process wf_arrow P101 Demand Forecast P107 Plan Optimization Action	P102	wf_arrow wf_process Demand Forecast P104

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