Forecast Profiles 

Forecast profiles allow you to run the forecast over and over again without redefining the forecast settings. The forecast settings are stored in a forecast profile.

You can use a forecast profile as often as you want to forecast a key figure. Because you define the forecast profile separately from the key figure, you can use the same forecast profile to forecast several key figures, or you can forecast the same key figure several times using different profiles.

You run the forecast based on a forecast profile, either online or in the background.

The forecast profiles in SOP are different than those in the material master. In SOP, you can use one forecast profile to forecast a whole group of materials. In the material master, each material has its own forecast profile.

Forecast Period

The period indicator on which you base the forecast can be different than the storage periodicity. You maintain the forecast period in the Period ind. field of the forecast profile.

See also Period Units.

Forecast Strategy

Each profile includes a forecast strategy. This specifies the forecast model together with the desired parameters, or the model selection procedure. The following strategies are available:

Forecast Strategy

Forecast Strategy Description

10

Constant model

11

Constant model with first-order exponential smoothing

12

Constant model with automatic alpha adaptation and first-order exponential smoothing

13

Constant model based on the moving average model

14

Constant model based on the weighted moving average model

20

Trend model

21

Trend model with first-order exponential smoothing

22

Trend model with second-order exponential smoothing

23

Trend model with automatic alpha adaptation and second-order exponential smoothing

30

Seasonal model

31

Seasonal model based on the Winters’ method

40

Seasonal trend model

41

Seasonal trend model with first-order exponential smoothing

50

Automatic model selection

51

Automatic model selection with test for trend

52

Automatic model selection with test for season

53

Automatic model selection with test for trend and season

54

Automatic model selection assuming a seasonal pattern and with an additional test for a trend pattern

55

Automatic model selection assuming a trend pattern and with an additional test for a seasonal pattern

60

Historical data is copied

 

For more information on individual parameters in the forecast profile, please see the F1 Help.

See also:

Forecast Models

Forecast Parameters

Manual Model Selection

Automatic Model Selection