The activities associated with reporting and evaluating the demand forecast for products and services. This may include forecast accuracy, trends and risks analysis, validation of customer inventory targets and forecast review/consensus meetings.
Validate Demand Forecast typically focuses on unconstrained demand forecasts, statistical demand forecasts and historical forecast accuracy.
- Sales Forecast meetings
- Consensus meetings*
- Forecast adjustments when the S&OP process indicates a demand shortage
*) This includes the decision-making activities if a Statistical Forecast and a Customer Forecast exist and present different data.
|P1||Plan Supply Chain Operations||2||P1|
|P102||Validate Demand Forecast||3||P102|
|CSF||Customer Specific Forecast||CSF|
|SDF||Statistical Demand Forecast||SDF|
Note: Common inputs and outputs are listed in alphabetical order. Other inputs and outputs may be required to support varying use cases.