Avatar logo plugin

Week-level refinement for near-future forecast

Week-level refinement for near-future forecast

This functionality is oriented to companies with perishable products and weekly planning. By prioritizing the behavior of the last few weeks in the forecast calculation, it provides a more accurate and up-to-date view of demand, which helps to avoid problems such as excess or shortage of inventory.

This ability to adjust the forecast based on recent behavior allows for a more agile response to sudden changes in demand, improving the company's ability to meet market needs in a timely and efficient manner.

Also, by limiting the additional impact of past performance over a fixed horizon, the plugin helps mitigate the effect of historical fluctuations that may not be representative of the current situation. This ensures that the forecast is based on relevant and current data, which increases planning accuracy and reduces inventory errors.
Technical specifications

Version:

1.0

Last update:

12/2023

Tags:

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Caracterísiticas del plugin

Dynamic adjustment

Allows to dynamically adjust the forecast calculation, giving more weight to the behavior of the last weeks to better reflect the current demand.
Caracterísiticas del plugin

Impact limitation

Assign how much horizon you want to be affected by the adjustment, allowing for short and long-term planning.
Caracterísiticas del plugin

Adaptability

Designed for efficient demand management in dynamic and changing environments.

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Avatar plugin

Week-level refinement for near-future forecast

Refine the short-term forecast by focusing on the most recent weeks and limiting further impact within a determined horizon.

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