Demand Management - Forecast Analysis using custom calculations
Summary:
Hi, Today in Demantra there is a custom functionality to calculate and derive Quantity Variability, Intermittency, Order Gap Variability percentage and indicator and store in a series. Can this be done in Cloud with any out of box functionality or using any user defined measures?
Content (required):
1.Criteria for quantity variability
Quantity variability is defined as: (Standard deviation of quantity)/ (Average quantity)
• The analysis determines volatility in quantity
• Low quantity variability indicates quantity varies less with time
• High quantity variability indicates high variation in demand
• High variation in quantity leads to low forecastability
• Quantity variability up to 40% is considered LOW
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