Create daily forecast multipliers

Forecasting  •  Article  •  4/3/2023  • 

You can create Daily Forecast Multipliers to change the calculated Forecast value to consider the sales promotions or reductions in a specific period. The below procedures describe how to create Daily Forecast Multipliers:

  1. Select the Search icon , enter Daily Forecast Codes, and then choose the related link.
    The Daily Forecast Codes list page opens.
  2. On the action bar, select New.
    The Daily Forecast Codes page opens.
  3. Select Daily Forecast Multiplier.
    The Daily Forecast Multiplier page opens for the selected Daily Forecast Code.

  4. In the Item Type field, select Item if you want to create multipliers for an Item or select All Items if you want to create multipliers for all the items.

    The Item No. field will be disabled if you select All Items in the Item Type field.

  5. In the Item No. field, select an item from the lookup table.

  6. In the Customer Type field, select Customer if you want to create multipliers for a customer or select All Customers if you want to create multipliers for all the customers.

    The Customer No. field will be disabled if you select All Customers in the Customer Type field.

  7. In the Customer No. field, select a customer from the lookup table.
  8. In the Multiplier field, enter a decimal number. For example. If you enter the value as 1.5, the History and the Forecast values are multiplied by 1.5.
  9. In the Starting Date field, select a date from which the multiplier values are considered for forecast calculation.

  10. In the Ending Date field, select a date to which the multiplier values are considered for forecast calculation.

    You can also leave the Ending Date field empty or select a date equal to or after the Starting Date field.