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Forecasting

Read the history and predict the future

Forecasting is the extrapolation of historical data into projections of future needs.

Manufacturing Lite's Forecasting module will read your past history, and determine whether each item is seasonal, flat, or trending up/down. The planning system will automatically create Purchase Orders, Transfer Orders, Production Orders, Kit Assemblies, or whatever it takes to keep your plant running smoothly by replenishing inventory just as it is needed.

The automation of future orders depends on Forecasts, which can be system-generated, uploaded from customer spreadsheets, or manually entered.   

The system-generated data can read your past activity for a number of periods that you specify and project future requirements for a number of periods that you specify.  Perhaps you will read the past 12 months of history and predict the next 3 months requirements.  You can even view such a forecast in a graph.
ForecastLoad

 

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