 Forecast
Module
PSI Planner™
software system from Logistics Planning Associates, LLC offers a
complete
Forecasting module which is fully integrated with its'
Distribution/Materials
Requirements Planning and Master Production Scheduling modules.
The system generates
a statistical
forecast for each item-location combination that has been set up by the
user (PSI Planner™ uses regression analysis with a
seasonality
factor as well as other optional methods to generate this forecast).
The
user can then make adjustments to the system generated item-location
(i.e.
"SKU") forecasts and aggregate them nationally, regionally or by other
criteria such as product, class or market zone. At this point, further
adjustments can be made to the aggregates and be prorated back down to
the item-location level to drive production and deployment
decisions.
A Forecast Variance
Reporting System
then "automates" the sometimes tedious but critical activity of
measuring
planned versus actual forecasts which can be used to improve future
forecast
accuracy.
PSI Planner
™ also
gives users the option to calculate item-location safety stock
quantities
based upon desired customer service levels, and performs ABC analysis
nationally
or by location.
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