Advanced Planning Enhancements
The S&OP system setting "ASP calculation interval (in months)" was not visible for companies using Advanced Planning. The setting is now enabled in system settings.
In the forecasting page in Advanced Planning, added a charting solution for displaying item history and forecast in Forecast child statistics grid. This helps users visually and easilly assess the forecast while reviewing forecast statistics.
To view the chart, click on the small icon within context in the "Forecast Children Statistics Grid" to open the detail view.
Added ADI and CoV threshold system settings to allow users to change the default threshold settings. The CoV and ADI settings are used to classify the history type to ensure the most appropriate forecasting algorithms are applied against the history type.
- Smooth demand (ADI <= (ADI Threshold Value) and CoV <= (CoV Threshold Value)): The demand is very regular in time and in quantity. Apply our exponential smoothing models - single, double, triple
- Intermittent demand (ADI > (ADI Threshold Value) and CoV <= (CoV Threshold Value)): The demand history shows very little variation in demand quantity but a high variation in the interval between two demands. Use Croston's (chosen best from Croston/Croston Standart/ Croston Syntetos Boylan) if demand does not exceed 25 units per period or Croston Syntetos Boylan model if greater than 25.
- Erratic demand (ADI <= (ADI Threshold Value) and CoV > (CoV Threshold Value)): The demand has regular occurrences in time with high quantity variations. Use Syntetos Boylan model only.
- Lumpy demand (ADI > (ADI Threshold Value) and CoV > (CoV Threshold Value)): The demand is characterized by a large variation in the quantity of demand and in the interval between two demands. This is quite impossible demand to reliable forecast, no matter what forecasting tools and methods are being used. Use bootstrapping.