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Advanced Demand Forecasting

Farsight Solutions

Advanced Demand Forecasting for Dynamics 365 for Finance & Operations

Demand Forecasting for Microsoft Dynamics 365 for Finance & Operations from Farsight Solutions is a fully integrated Dynamics 365 for Finance & Operations module that calculates forecasts of future demand (demand planning) for items based on sales order or invoice demand, and optionally production and projects demand, providing a powerful tool that enables companies to intelligently plan ahead.

Users can compare forecasts against history and manually adjust figures easily & conveniently, with graphical presentation of information to clearly display seasonal and other trends.

Demand Forecasting enables companies to generate sales forecasts using advanced industry-standard forecasting algorithms without the need to interface to non-Dynamics products. The inclusion of the Forecast Pro forecasting engine from Business Forecast Systems, Inc., Belmont, Massachusetts, provides customers with the power of an industry-leading forecasting solution and the ease of use of the Dynamics 365 for Finance & Operations product.

Major features are:

Automatic generation of forecasts using multiple formulas

Optional grouping of customers and items with similar demand characteristics to increase the accuracy of forecasts

Item supersessions to enable forecasting of new items based on demand history of old items

Adjustments to forecasts to allow for sales promotions and other events

Ability to manually adjust demand history to remove abnormal demand (outliers)

Optional documentation of reasons for manual changes

Graphical presentation of forecasts alongside history, with promotional forecasts clearly visible

Forecast accuracy measurement

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