Setting up Demand Plan and Releasing Forecasting Data to Planning

[sandeepyr]

Demand planning enables the demand planner to forecast demand and subsequently release it to supply chain planning and control,  at the level of a product in a specific supply planning area.

Demand forecasts are key to supply chain planning – the more transparent and accurate they are, the more effectively companies can plan for future demands. Real-time business data captured from application areas such as sales and supply chain, is stored in one data warehouse. Companies thus have a comprehensive view of all relevant figures today, and the information they need for effective planning in the future.

Demand Plan Set-Up – Create Demand Plan

Define the ID and the description of the Demand Plan

 

Select all product/planning area combinations which shall be planned with this Demand Plan

 

Time granularity , In this case it is month

 

Get a general idea of all parameters defined for the Demand Plan and Activate Demand Plan

 

Navigate to Interactive Planning Board via Demand Plan

 

Maintain Forecast Data

 

Save the Changes maintained in Actual Forecast.

 

Now Release Demand Forecast to Planning

 

Apply to Release for Planning

 

Forecasts visible in Planning screen

 

Regards,

Sandeep