Inventory Optimization - General
This is the number of months into the future for which you want to generate forecasts. This defaults to 12. The value chosen should be longer than the longest lead time for any stock code.
This is the default forecast calendar that must be used for forecasting. You can override this entry either singly or for multiple stock codes at stock code/revision/release/warehouse level using the Options Maintenance facility in the Inventory Forecasting and Inventory Optimization modules.
When adjusting for outliers, the demand history for any sales period for a given stock code/revision/release/warehouse that differs from the mean by more than the figure entered here will have an adjustment entry generated. This defaults to 3. Periods with zero demand are not adjusted. This parameter can only be set at company level.
Any stock code/revision/release/warehouse that (when tested for seasonality) has a seasonal profile correlation of less than the figure entered here will be deemed to be non-seasonal. This parameter can range from 0 to 1.0 (where 0 corresponds to no correlation and 1.0 to complete correlation) and defaults to 0.75. This parameter can only be set at company level.
This is the number of months of demand history that must be retained in the Inventory Optimization sales forecasting tables (a minimum of 36 months). 99 retains records indefinitely.
This automatically updates forecast history for sales and sales returns (for selected stock code/warehouse combinations) when next you run the Manual Forecasting, Batch Forecasting, Demand History Maintenance and Pareto Analysis programs. You should still run the IO Purge and Update program to update forecast history for all sales and sales returns. Otherwise the update to forecast history for sales and sales returns only takes place when you run the IO Purge and Update program.
This prompts you to aggregate sales history whenever you access the Families and Groupings program. You are prompted to perform the sales aggregation whenever you add to or delete an SKU, a consolidated warehouse item or a sub-collection in any collection, or when you maintain sales adjustments or adjust for outliers. Regardless of your selection here, the IO Purge and Update program performs the aggregation for you if an update is needed.
This generates journals for amendments made to Families and Groupings structures using the Families and Groupings program and enables you to monitor information that has changed for structures such as collection additions, changes and deletions and SKU (Stock Keeping Unit) additions and deletions. These changes affect the resultant forecast. You can list the journals using the IO Amendment Journal program.
This generates journals for amendments made to selection sets using the IO Selection Sets program. You can list the journals using the IO Selection Sets Amendment Journal program. This parameter can only be set at company level.
This generates journals for amendments made to policy settings using the Manual Forecasting, Batch Forecasting and Demand History Maintenance programs. You can list the journals using the IO Policy Amendment Journal program. This parameter can only be set at company level.