Forecast Consumption is a planning tool that is a mystery to a many folks in the planning world. There is specific set-up and understanding required to achieve the goal of consuming forecast on end item sales. This topic is for users of Single or Multi-facility Planning (MPS/MRP) wishing to understand what Forecast Consumption is and the required set-up, to and being able to read the MRP time series confidently.
Is your interest piqued? For more details see Forecast Consumption for EnterpriseOne (Doc ID 625964.1). This document will outline the time series descriptions (and how to read them) when using Forecast Consumption and will cover the correct setup, process, and most importantly, an understanding to whether Forecast Consumption will satisfy your planning needs. Readers will learn that Forecast Consumption allows the requirements planning system to take into account both forecasts and total customer sales when planning and use the greater of the two to calculate planning period requirements. When looking at the planning horizon, the system will use the forecast quantity in the later periods to drive planning requirements.