Leveraging Machine Learning for Demand Forecasting

330 results

  1. Step-by-Step Statistical Forecasting Using SAP APO

    Reading time: 25 mins

    ManagementLearn a 15-step methodology for executing forecasting projects in SAP Advanced Planning and Optimization. Understand the most common methods of statistical analysis. Learn best practices for implementing these methods in practice. Key Concept Forecast strategies are used in SAP Advanced Planning and Optimization to decide how forecast values are calculated. Selecting a method depends on…...…
  2. Improve Forecast Accuracy by Measuring Forecasting Errors

    Reading time: 11 mins

    Learn how implementing Business Add-In (BAdI) /SAPAPO/SDP_FCST4 enables you to store the results of each forecast run in the system along with the forecasting errors. Analysis of these errors helps you to improve the forecast results and thereby improve the forecast accuracy. Key Concept SAP Advanced Planner and Optimizer (APO) Demand Planning has an SAP…...…
  3. Accurately Predict your Procurement or Production Needs with an ERP Forecasting Tool

    Reading time: 10 mins

    Forecasting in SAP ERP is one of the lesser-used planning tools that can help predict your procurement and production requirements effectively. While advanced planning tools such as SAP Advanced Planning & Optimization (APO) can certainly bring greater business process optimization to the company, using this forecasting tool helps a company get a better return on…...…
  4. 10 History Cleansing Best Practices for Reliable Statistical Forecasting

    Reading time: 19 mins

    Generate the most reliable and accurate sales data history for your statistical forecasting as part of your SAP Advanced Planning & Optimization Demand Planning project. See how to implement an efficient and effective history cleansing process. Key Concept The baseline history of a product is its normal historical demand without promotion, external stimulation, or any other abnormal…...…
  5. Demand forecasting image

    Leverage SAP Integrated Business Planning for Forecasting

    Reading time: 9 mins

    Robust is a difficult term to define. It’s something that is useful for the organization, something that makes sense. A robust demand forecasting process must be able to handle variances in demand and enable control your supply chain — with the intent of avoiding situations where you have 1,000 days of inventory or are missing…
  6. SAP S/4HANA image

    Leveraging Machine Learning for Demand Forecasting

    Reading time: 4 mins

    Until recently, conventional time series forecasting methods have been predominantly used for forecasting in demand planning. A majority of demand forecasting tools in the market leverage these methods in their solutions. With advances in technology and computing power, the sophistication of these time series algorithms has increased thereby increasing forecast accuracy. However, with the advent…
  7. Tips & advice on improving cash flow forecasting & liquidity planning: Q&A with SAP treasury expert Moussa Soukal (transcript)

    Reading time: 9 mins

    Accurate cash flow forecasts – even two or three months out – are elusive for many companies. Challenges range from data inaccuracies, to technical issues and integration problems, to poorly devised processes. What are best practices to sidestep these issues, and how can SAP treasury functionality help you more accurately pinpoint your company’s future cash…
  8. Improve Planning Results by Forecasting at the Product Characteristic Level

    Reading time: 29 mins

    Learn the process flow of characteristic-based forecasting (CBF) in SAP Advanced Planning and Optimization (SAP APO). Follow a step-by-step procedure to configure the master data, create CBF-relevant configuration, release the forecast at the characteristic level from demand planning, and interpret the results. Key Concept Demand Planning (DP) in SAP Advanced Planning and Optimization (SAP APO)…...…
  9. Centralize Forecasting for Customer and Interplant Demands Using Planning Materials

    Reading time: 11 mins

    In a typical supply chain, organizations have field locations or distribution centers that stock inventory to cater to customer demands (sales orders) and the stocks are replenished by the manufacturing locations via stock transport orders. Without an SAP planning strategy, manufacturing locations would have trouble forecasting for sales orders and stock transport orders. Organizations can…
  10. Streamline Liquidity Forecasting by Integrating Real Estate Cash Flows with Enhancement Package 2

    Reading time: 8 mins

    Learn how to integrate liquidity forecasting with real estate cash flow. Key Concept With enhancement package 2, SAP has streamlined the liquidity forecasting tool by incorporating cash flows generating from real estate contract conditions. This brings more visibility and accuracy to liquidity forecast under Cash Management enabling businesses to make accurate investment decisions. SAP Cash…...…