Statistical forecasting

In statistical forecasting, the supplier uses specific forecasting models to create long-term forecasts based on weekly time buckets. For more information, see Statistical Forecasting.

Short-term forecasting

In short-term forecasting, the supplier uses the statistical forecast to create a more refined forecast based on daily or sub daily time buckets. To break down the statistical forecast into daily or sub daily time buckets, the supplier uses time-based disaggregation factors. The supplier can also use short-term forecasting to calculate projected sales for the customer. The projected sales data can replace the statistical forecast and be the source data in replenishment planning. For more information, see Short-Term Forecasting.

Complex shipping units

A large part of the business of companies that manufacture and sell consumer products involves the management and shipping of product pallets that contain collections of different finished products to be sold as single units. These collections are commonly called complex shipping units (CSUs). For more information, see Complex Shipping Units.