Item forecast variables

Forecasting  •  Article  •  4/3/2023  • 

You can raise or lower the quantity and round up the resulting quantity to the nearest multiple by providing values if the record of an item is listed on the Item Forecast Variables page. You can create only one record for an item with a blank variant code, and for every item/variant combination.

On the Item Forecast Variables page, fill in the fields as described in the following table:

FieldDescription
Forecast MultiplierSpecifies the decimal value that you want to use to raise or lower the quantity by a particular factor. The default value of this field is 1.00.
Rounding PrecisionSpecifies the decimal value to round up the resulting quantity to the nearest multiple. The default value of this field is 1.00.

To set the item forecast variables:

  1. Select the Search icon , enter Items, and then choose the related link.
    The Items page opens.
  2. Select the item for which you want to set the forecast variables.
  3. On the action bar, go to Related > Forecast Variables.
    The Item Forecast Variables page opens.
  4. On the action bar, select Edit List.
  5. In the Forecast Multiplier and Rounding Precision fields, specify the values.

If the record for the specific item is not listed on the Item Forecast Variables page, you can enter the values of the Forecast Multiplier and Rounding Precision fields on the Import history into Demand Forecast page.