Glossaria.net

Glossary Inventory Managment / Term

Forecast consumption

Forecast Consumption describes the method(s) your inventory management software uses to reduce forecasted demand by the actual demand that occurs during the forecast period. Incorrectly set up forecast consumption parameters or lack of functionality related to forecast consumption can often create serious problems with planning systems.

Permanent link Forecast consumption - Creation date 2020-07-05


< Forecast Glossary / Inventory Managment Forecast error >