Demand forecast is used for analyzing the sales volume of items from defined warehouses in a specified time interval. On its basis it is possible to forecast the future sales volume and generate documents allowing for replenishing a warehouse with an appropriate quantity of items within an appropriate time.

A list of demand forecast documents is available in menu Warehouse (Resources) Demand Forecasts

The demand forecasting process can be executed in several stages:

• defining warehouses on the basis of which the historical stock levels will be calculated
• defining warehouses for which the quantity forecasts will be calculated
• defining the periods for which the forecasting will be performed
• determining the method for calculation of item forecasts:
• defining the period as the basis for calculation
• determining the percentage quantity change in relation to the quantity calculated on the basis of the selected period
• calculating the forecast quantity on the basis of the selected criteria for items
• defining the method of distributing the forecast quantity into warehouses
• distribution of the forecast quantity into individual warehouses