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Forecast demand - Forecast for Clients and Suppliers Orders

 
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  #1  
Old 11-12-2010, 12:49 AM
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Default Forecast demand - Forecast for Clients and Suppliers Orders

"Is like a ⌠horoscope■ with orders and products sold, but is truthful and correct."

http://www.cartonsteroids.com/Clients-and-Suppliers-Orders-Forecasts/

If you want to know how many orders you will have next month (or next 49 days) and - most important - what products you will sell exactly, keep reading.

No, we are not magicians. Sometimes, the difference between sorcery and science is very subtle. In order to use ⌠Clients and Suppliers Orders Forecasts■ module properly, your shop must be at least one year old.

An now let me tell you why you should buy this module.
⌠Clients and Suppliers Orders Forecasts■ tells you what orders you will have in the next interval you choose, based on orders from last year considering the current range of mediation. Simple and smart. Isn▓t it?

First you have to choose the period of time for which to calculate the range of mediation - this can be last month, last three months or any other period of time you choose. And will have to choose which of the three available characteristics to be used in developing the forecast (you can choose from: total number of purchased products, number of transactions or orders value).

Then, with a single click, you can generate the forecast for a custom period, for a single product, for a category or for all of you stock inventory.


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It means, that buying a product version N.x gives right to receive free lifetime updates for the version brunch N. (N.x, N.x.x).
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Old 11-12-2010, 01:00 AM
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Default Re: Forecast demand - Forecast for Clients and Suppliers Orders

Here is a real print screen from a client website.
The forecast is made on the next 30 days for a particular supplier (MO), based on the similar period sales and with a mediation of recent sales.

The client website is in Romanian language √ I think is not a problem to figure it out.


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Old 12-23-2010, 10:36 PM
 
mgatten mgatten is offline
 

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Default Re: Forecast demand - Forecast for Clients and Suppliers Orders

How does this mod handle forecasting when some products were out of stock for a substantial time during the sampling period?

For instance: Let's say I sell blue, red, and yellow widgets. I've been selling them for a year, but the red ones are so darn popular that I keep running out of them. When we have none in stock, the popularity of red would seem to be zero and the popularity of blue and yellow would increase as people buy their second favorite. Once red is in stock again, if I don't take outages into account I'll end up underordering the red (and therefore running out of them again) and overordering blue and yellow, causing a surplus.

Does this mod take that into account?

I'm in dire need of sales forecasting, but our supply chain can be a little iffy and we frequently have several items out of stock so I have to do a lot of math and magical hand waving to compensate. If your mod can do this accurately, I'm all over it.

(We're in the process of upgrading to 4.4.1, and I'm looking for the mods we'll most need. This is one of them, but only if it can handle stock outages in its calculations.)

Thanks,
Marshall
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Old 12-24-2010, 10:05 AM
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Default Re: Forecast demand - Forecast for Clients and Suppliers Orders

Hi Marshall,

Short answer: no, is not handle stock outages in its calculations.

You can easily overcome this limitation by adjusting the time period the forecast is calculated.

We take note of your request an in the future (couple of months) we will find a solution.
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Old 12-25-2010, 04:34 PM
 
mgatten mgatten is offline
 

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Default Re: Forecast demand - Forecast for Clients and Suppliers Orders

I wish it was easy to overcome that way. If it was, I wouldn't need a forecasting mod.

If I'm putting together a restock order but I've been out of something for a month, and before that I was out of something else, and before that I was out of something else, then there is no time period to choose where I was out of nothing unless I go so far back in time that the sales figures are no longer relevant to today.

If you do find a way to compensate on this, please let me know and I'll be at the front of the line.

Marshall
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