To activate LS Forecast, you must use a Data Profile with the Replen. Calculation Type set to LS Forecast.
You can use the default Replen. Data Profile #LSFC as a starting point.
Fields for LS Forecast calculation type
Common Replenishment data fields are described in Common Replenishment Data Fields.
| Field | Description |
|---|---|
| Store Coverage Days Profile |
This field tells the system how many days of sale the inventory at the store is supposed to cover with various factors like Location Closed Days, Inbound Location Handling Time, and Coverage Buffer Days to be considered in stock coverage days calculation, and also to automatically adjust the coverage to reflect the days until the next replenishment calculation. When used with the replenishment calculation type LS Forecast, this coverage days profile indicates how far ahead the LS Forecast Entries will be considered for replenishment. For more information see Replen. Coverage Days Profile. Note: When the Store Coverage Days Profile is not defined, the system directly uses the value from the Store Stock Cover Reqd (Days) field. |
| Store Stock Cover Reqd (Days) | This field tells the system how many days of sale the inventory at the store is supposed to cover. When used with the replenishment calculation type LS Forecast, this coverage days indicates how far ahead the LS Forecast Entries will be considered for replenishment. |
| Wareh Coverage Days Profile | This field tells the system how many days of sale the inventory at the warehouse is supposed to cover with various factors like Location Closed Days, Inbound Whse. Handling Time, and Coverage Buffer Days to be considered in stock coverage days calculation, and also to automatically adjust the coverage to reflect the days until the next replenishment calculation. When used with the replenishment calculation type LS Forecast, this coverage days indicates how far ahead the LS Forecast Entries will be considered for replenishment. For more information, see Replen. Coverage Days Profile. Note: When the Wareh Coverage Days Profile is not defined, the system directly uses the value from the Wareh Stock Cover Reqd (Days) field. |
| Wareh Stock Cover Reqd (Days) | This field works the same way as Store Stock Cover Reqd (Days), but here this field tells the system how many days of sale the inventory at the warehouse is supposed to cover. |
| LS Forecast Method | This field tells the system which forecasting model to use for the item when calculating the forecast. Available values:
|
| LS Forecast Calc. Horizon | This field tells the system how far ahead the forecast should be calculated for the item. |
| Confidence Factor Code | This field tells LS Forecast the confidence interval to be used for each item in the forecast calculation. This field corresponds to the Service Level % field in Replen. Confidence Factor. To access the Replen. Confidence Factor page, click the  icon, enter Replen. Confidence Factor, and select the relevant link. |
| Safety Stock Calculation | This field specifies if the Forecast Quantity should use the upper value during replenishment calculation. |
| Replenishment Sales Profile | The system uses the Replenishment Sales Profile to calculate average daily sales. When used with the replenishment calculation type LS Forecast, this field is only visible when the Forecast Exception Handling in the LS Forecast Setup is set to Use Average Usage Result. |
| Enable Lead Time Calculation | This field tells the system whether the Vendor Lead Time (for Purchase) or Location Lead Time (for Transfer) will be considered during the replenishment calculation for the item. The field is used for the replenishment calculation types Average Usage, Manual Estimate, and LS Forecast.
For more information see Lead Time Calculation. |
| LS Forecast Variant Grouping | This field tells the system whether the LS Forecast calculation will be performed in groups of variants. When activated for an item, LS Forecast will calculate the forecast of all the variants from the item as an aggregation. This field is only visible when Show Variant Grouping has been activated in LS Forecast Setup. |
See also