MPS: Forecasted Demand
Advanced tool to input forecasted demand data into Master Production Schedule.
MPS: Forecasted Demand
Advanced tool to input forecasted demand data into Master Production Schedule.
STORY BEHIND THE FEATURES
ODOO'S FUNCTIONS
Odoo's Master Production Schedule is a robust tool for forecasting stock and creating replenishment plans based on product demand. However, one limitation is that all forecasted demand data needs to be manually inputted for each period, and there is no built-in tracking for the input data.
CLUEDOO'S FUNCTIONS
Cluedoo introduces an advanced tool that enhances Odoo's Master Production Schedule by offering the following features:
- Planning forecasted demand for multiple periods.
- Keeping track of forecasted demand data with the ability to edit later.
- Assigning warehouse/location for forecasted demand.
CLUEDOO RECOMMENDATION
Install this tool in 100% of your databases to enhance the functionality of the Master Production Schedule, providing a useful and valuable improvement.
HOW TO USE THIS MODULE
1. Go to Manufacturing → Planning to view a dropdown list including additional models:
- MRP Production Schedule
- MPS Forecast Demand
- MPS Forecast Demand Line
To add new forecasted demand data, click on MPS Forecast Demand and create a new forecast.
2. Input the following information:
- Forecasted date
- Forecasted demand for each product happening on that date
- Suggested replenishment (optional)
- Warehouse (optional)
3. To synchronize inputted data, including forecasted demand and suggested replenishment, to the Master Production Schedule, click "Apply Forecast Demand to MPS." Please note that only products already listed in the Master Production Schedule will be updated with the MPS Forecast Demand.
4. To synchronize inputted data, specifically suggested replenishment, to the Master Production Schedule, click "Apply Suggested Replenishment to MPS."
5. To create a rolling forecast from inputted forecast data, click on "Next Period Planning".
6. On the "Next Period Planning" wizard, fill in the period-over-period ratio of forecasted demand and the number of rolling periods.
Click on "Create MPS" to confirm.
7. Go back to "MPS Forecast Demand" master data. In this example, 15 sets of forecasted demand data have been generated.
Select 15 sets of data, go to "Action", and click on "Apply Forecast Demand to MPS".
8. For easier tracking of MPS forecasted demand lines, go to Planning and click on "MPS Forecast Demand Line".
Note: When the user edits data directly on the Master Production Schedule, the result will not update to the "MPS Forecast Demand Line".
Note: The period type on Master Production Schedule can be configured by:
- Going to Manufacturing → Configuration/Setting → Planning
- Choose the period type Month/Week/Day
- Fill in the number of periods
