Follow

Time Fence Settings

  1. Planning Horizon (weeks): Number of weeks beyond the lead time to extend planning quantities.
  2. Order Period (weeks): The number of weeks of demand to be ordered at one time. Uses average historical independent and dependent demand as the basis of the calculation as a result the weeks between orders may vary as the forecast changes over time.
  3. Order Lead Time (days): The number of calendar days from order to expected receipt. Used primarily in production to set an order time that is different than the production lead time to allow the components to explode at the shorter production lead time.
  4. Transfer Lead Time (days): Calendar days to transfer from location to location.
  5. Periodic Order Grouping (days): Groups suggested orders by a set number of days. This is independent of the order period setting. It forces all suggested order to follow equal periodic values i.e. order once every 10 days.
  6. No Forecast Horizon (weeks): This setting applies a number of weeks where DemandCaster does not apply a forecast. This is added on top of the lead time. This value is used where customer orders will be used instead of forecast values beyond the lead time. It is most applicable to companies receiving blanket orders or longer term orders from their customers that in essence replaces the forecast quantity. The risk is if there are no such orders entered during this period, there will be no consumption applied due to the lack of forecast.
  7. Expedite future order horizon (weeks): This setting defines how for out in the future to consider an open replenishment order available for expediting. This is applicable to situations where companies have open blanket unreleased purchase orders that have a due date far out in the future.
Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments

Powered by Zendesk