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Phase in End Date in IBP PLM

abasu07
Explorer
0 Likes
750

Hello Experts,

As per definition, Phase-in end date - It defines the point in time when the product has reached maturity. Once the phase-in end is reached in the historical horizon of the forecast, forecasting is based on the product's own sales history.

Say for example the New product = N; Reference Product = R, Weight = 100%

Now phase in start = 01.04.2020 and phase in end date for N = 31.10.2020.

Does this mean that N will generate forecast from 01.11.2020 based on the sales of N itself or will it be like R from 01.11.2020?

Regards,

A.Basu

Accepted Solutions (1)

Accepted Solutions (1)

SatishWaghmare
Active Contributor

Hello there,

Once the Phase-in End Date is part of History Horizon then it will start using its own history to generate the forecast. It will not use reference product's history to generate the forecast. However until then Forecast will be generated by using history of reference product or products.

  • Forecast Start Date : execution start date of the forecast. From this date onwards, the new product is being included in the forecasting runs
  • Phase In Start Date : begin of forecast horizon; and first date on which the forecasting generates forecast data for the new product. The Phase-in start date defines the point of time where a product is sold in the market.
  • Phase In End Date : start of usage of own history. When the phase in end date is reached in the historical horizon the forecast engine uses the history of the product itself.

Hope this helps to clarify your question.

Thank you

Satish Waghmare

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