摘要 |
A method and system for forecasting distribution center (DC) or warehouse product suggested order quantities required to meet future product demands for a retailer. In determining DC/warehouse order quantities, a bias factor and Adaptive Forecast Error (AFE) are calculated from prior product demand and sales data and applied to DC/warehouse effective inventory calculations to account for forecast errors in DC/warehouse suggested order quantities. If the bias indicates a forecast that is too high, the method and system will attempt to compensate by increasing the suggested order quantity. If the bias indicates a forecast that is too low, the method and system will attempt to compensate by decreasing the suggested order quantity.
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