Trying to setup and understand this forecast consu...
# inventorya
AI1
07/07/2022, 9:08 PMTrying to setup and understand this forecast consumption in supply planning and can't figure out where this forecast is coming from. I understand the Demand Plans and how those work, but NS documentation keeps referring to "forecasted units". How do you enter that into NetSuite? Is that Opportunities or Quotes that are considered forecasted units? #C298P0BCK #C01PLN0GL8Y
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Amy Atwood
07/12/2022, 12:11 PMYour demand in NS can come from different sources - you can import a demand plan, or have NS generate demand based off the settings you enter in Setup>Accounting Preferences> Inv Management.
Amy Atwood
07/12/2022, 12:14 PMIf you use consume forecast, NS will take your forecasted demand and deduct any SO's from that amount. Keep in mind, it will only consider SO included in the time fence you set up. As an example, if I have demand in NS at 100 and a SO for 10, MRP will show my demand at 10 + 90 (100-10). If you don't consume forecast, NS will show your anticipated demand at 10 + 100 = 110.
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AI1
07/12/2022, 3:19 PMThanks @Amy Atwood I appreciate the insight. I'm pretty set on how forecast consumption works. I'm wondering what specifically NetSuite considers forecast
Is it quotes? Opportunities? Some other transaction or record?
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Amy Atwood
07/12/2022, 3:20 PMYou tell NS what to consider under Setup>Accounting Preferences> Inv Management - have you reviewed those fields yet?
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AI1
07/12/2022, 3:21 PMOk thanks I'll take a look