Classification in Forecast Plan
Classification in Forecast Plan
· Classifications have to be defined in Classification Master before selecting in the Forecast Plan screen.
· Go to Menu bar --> Forecast --> Masters --> Classification.
Step 1: Define Classification
· Click on Add to define Classifications.
Class Id | Class identifier. |
---|---|
Class Description | Class description which will be displayed in the screen. |
Class Type | Type of classification that needs to be calculated. |
Unit of Measure | Unit of measure that needs to be used for this classification. |
Period of Sales | Period of history that needs to be considered for calculation. |
Period of Forecast | Period of forecast that needs to be considered for calculation. |
· Once the Classifications are defined, user can add classification details by right click on the Class Id.
· User can assign values for the selected Class Id and define the Cut-off percentage for each classification.
Class Id | Class identifier. |
---|---|
First Cut Off | First cut off percentage which will be considered as A class items. |
Second Cut Off | Second cut off percentage which will be considered as B class items. |
Third Cut Off | Third cut off percentage which will be considered as C class items. |
Fourth Cut Off | Fourth cut off percentage which will be considered as D class items. |
Fifth Cut Off | Fifth cut off which will be considered as E class items. |
· User can further add Forecast Classification Mapping. At which region in the region hierarchy classification has to be calculated is defined here.
Step 2: View result
· Go to Forecast Plan to view the result.
· Click on the Classification button to select the Product based on the classification made and also select the Region.
· We select Products from B, and C Classifications and Chennai as Region. Click Ok.
· The Tree structure now shows only products for B and C classification and only Chennai is shown in Region.
· Select any combination of Product and Region. The Forecast Plan is displayed.