Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Attention: Customers with NetSuite Electronic Bank Payment (EBP) SuiteApp, version 2020.2 QA (ID 315896) must UPDATE (do NOT uninstall) their bundle to the Production version 2022.1 (ID 416781) by December 31, 2022. Note: If users fail to manually update the Electronic Bank Payments SuiteApp within the given time window, this version of the SuiteApp (ID: 315896) will be deprecated and the account will not be updated to Leading version (2022.1) of the Electronic Bank Payments SuiteApp. Please refer to the campaign email sent to impacted customers for more information.
Update your Profile with your Support type to get your Support Type badge.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Join the NetSuite Referral Program and get rewarded for introducing your peers to the NetSuite community. ⭐️ https://lnkd.in/eYXGYfC9
SuiteWorld Early Bird Registration is OPEN! The countdown to SuiteWorld is officially on!
Advanced Inventory Management - Historical versus Seasonal demand
I would like to ask what is the fundamental difference between selecting historical or seasonal demand in the item record in terms of calculation? If you can share an example calculations it would be great. I understand that historical merely calculates based on the demand x historical analysis interval and averages it,
Given order analysis interval = 3 months or 90 days
Sales past 3 months = 50
Daily demand is then simply 50/90 = 0.56 which is then used as an input for the ROP and PSL calculations.
But what about the seasonal one? Does it incorporate seasonality indices or different calculation to arrive at the ROP and PSL? I do not see much documentation in SA for this and hoping could hear your expertise.