can estimate be considered in demand planning?
# ask-stanley-ai
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can estimate be considered in demand planning?
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AI generated answer (using internal Slack threads):
Based on the conversations provided, it appears that NetSuite's Demand Planning feature can generate Purchase Orders (POs) and transfer orders to vendors automatically based on the historical usage of each item. However, it's not explicitly mentioned whether estimates can be considered in demand planning. In the context of NetSuite, Demand Planning typically uses historical sales data to forecast future demand. It can use different projection methods such as sales forecast, moving average, linear regression, and seasonal average. The sales forecast method, for instance, looks into existing sales orders, quotes, opportunities, etc. However, it's important to note that if a company doesn't have historical sales data in NetSuite, they would need to import this data from their previous ERP system. This is because the Demand Planning feature relies on this data to make accurate forecasts. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.827974141
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.825755179
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.823203802
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