Road Map: Forecast Update

Use the Forecast Update (MFU) program to update item forecasts based on the New forecast and Ext fcst by mo fields in the Branch Item Maintenance (IMB) program. See Background for more information.

Before you run this program each time

You should run these programs:  

  • (Optional) Forecast Calculation (MFC) program to calculate forecast demand for all items.

  • (Optional) Branch Item Maintenance (IMB) to enter a forecast in the New forecast field.

  • (Optional) Forecast Update Selection (MFM) to set the Update in MFU? field in the Branch Item Maintenance (IMB) program.

Before you run this program the first time

You should run these programs:

  • System Options Maintenance (XM) (Enterprise Options) to select a date display format for your enterprise, Branch Maintenance (TBM) to select a date display format for your branch, or User Maintenance (UIM) to select a date display format for an individual user.

  • Enterprise Item Maintenance (IM) to set up inventory items for your enterprise.

  • Branch Item Maintenance (IMB) to set up inventory items for your branch, set the Update in MFU? field, and enter a number of months in the Ext fcst by mo field.

  • Branch Maintenance (TBM) to set up your manufacturing branch and specify its supply and demand groups.

  • Buyer / Planner Codes Maintenance (TNM) to set up buyer and planner codes.

  • Product Class Codes Maintenance (TPC) to set up product classes.

  • Product Subclass Codes Maintenance (TSP) to set up product subclass codes.

  • (Optional) Forecast Period Maintenance (MST) to set up forecast periods.

After you run this program

You will most likely run these programs:

  • Forecast Maintenance (MSF) to fine-tune the updated forecast.

  • Finished Goods Planning (MFP) program to calculate quantities of finished goods and configured products that you need to meet sales commitments and forecasts and schedule their manufacture or purchase.

  • Forecast Performance Report (MFCS) to print a report that shows the difference between your forecast and actual sales and the percent of the forecast that was consumed.