Create Forecast from Forecast Family
The purpose of this procedure is to create forecasts per item/warehouse by exploding Forecast Family using their family structures.
Before you start
To start this procedure the following prerequisites must be met:
- Forecast families are created as described in procedure Create Forecast Family.
- Forecast family structures are created as described in procedure Create Forecast Family Structure. These are necessary to obtain a demand history for each forecast family for use in forecasting.
- A forecast method with specified Demand Type is entered for each item and warehouse.
- Forecasts with weekly distribution remain for an item/warehouse. This is necessary to update forecast family structures.
Follow these steps
Follow the steps below to create a forecast from a forecast family.
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Select ‘Forecast Family. Open’ (FCS400), panel B.
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Specify the forecast family for use or update. Specify option 12=Enter forecasts to call ‘Manual Forecast. Enter via F/C Family’ (FCS415). This can also be called directly from the forecast menu.
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Select the sorting order for vertical or horizontal entry.
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Enter the forecast for the appropriate number of periods forward.
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Repeat steps 2 to 4 for the forecast families to be processed.
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To end, press F3=End.
Output
Accrued forecasts are entered or updated for the items/warehouses included in the forecast families processed.