The Supplyplan dashboard allows you to generate an order forecast based on selected target weeks of supply and an adjustable sales forecast. Making adjustments to the forecast or target weeks of supply lets you run simulations on how the forecasted demand would affect supply.
Compare your order forecast (dark blue bars) to your actual units ordered over the last 4 weeks (light blue bars) to get an idea of historical accuracy. View your order forecast for the next 13 weeks to see how it lines up to actual orders from last year (grey bars).
The selected sales forecast is included as a green line on the graph to spot any misalignments between sales and the order forecast. Generally we expect both forecasts to have a similar trend with orders coming about two weeks before sales.
This graph allows you to compare the 3 available forecast types so you can decide which forecast is the best compliment to your business.
Simulating a forecast:
Once you decide which forecast is best suited for your company you can make a selection from the forecast type menu. Input your Target WOS and Adjust Forecast %, which allows you to increase or decrease your forecast by a percentage. You will be able to see how a change in demand affects supply. The target weeks of supply (WOS) is what the tool uses to forecast orders to individual stores.
Clicking the Generate button will start the process of analyzing individual store inventory levels, subtracting out the store-level sales forecast, and determining how much inventory needs to be ordered to maintain the Target Weeks of Supply. This will take into account which days are eligible to receive orders as well as DC specific lead times. The output is an exportable data table that shows by item-DC-week forecasted orders.
The "Previous" tab allows you to download previously generated Supply Plans. This allows you to let it generate and then come back later to download the results.