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How to handle existing customer forecasts in a Manufacturing environment
We are Venta Global Limited, a manufacturer of exciting new LED lighting systems. We have just started the project to implement NetSuite and are interested to find out how other manufacturing users capture and store customer demand for their products in NetSuite for use in Demand and Supply Planning.
We are aware that this NetSuite functionality can take into account, existing and future sales orders and also future demand in the form of forecasts from prospective customers taken from proposals (quotations) and opportunities.
But what do users do with sales forecasts given to them by their existing customers? Specifically how do you ensure that these forecasts get managed out of the system when the sales orders are placed.