Actions

P102

Validate Demand Forecast

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.

Use Cases

  • Sales Forecast meetings
  • Consensus meetings*
  • Forecast adjustments when the S&OP process indicates a demand shortage

Notes

*) This includes the decision-making activities if a Statistical Forecast and a Customer Forecast exist and present different data. Planning Frequency m:CO113 Demand Planning

Hierarchy

IDNameLevelx
P1Plan Supply Chain Operations2P1
P102Validate Demand Forecast3P102

Metric(s)

IDNameLevelx
RS11Planning Frequency2RS11

Term(s)

IDNameClearx
CSFCustomer Specific ForecastCSF
SDFStatistical Demand ForecastSDF

Workflow

FromInput(s)
Process
Output(s)To
wf_processwf_arrow
P101Demand Forecast
P107Plan Optimization Action
P102
wf_arrowwf_process
Demand ForecastP104
Note: Common inputs and outputs are listed in alphabetical order. Other inputs and outputs may be required to support varying use cases.Validate Demand Forecast Plan Supply Chain Operations 110200 3 Plan, Planning, Consensus, Demand, Forecast, Accuracy, Supply Chain Review of the consolidated demand forecast in order to reach an (unconstrained) consensus demand forecast for products and services