Re: Demand Planning with XA
Kevin Fox <[email protected]>
| Newsgroups | gmane.comp.systems.as400.mapics |
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| Message-ID | <CALo5ePf8RT=4BSpcbBY9D88VKwjOxBbtTcGNDEL1TTNWO0_gPw@mail.gmail.com> |
I've been a stakeholder/user of Infor XA's Forecast module, and have concrete, real world experience so that I can state categorically that it does a very good job. For some companies, with multinational needs or with hundreds of product lines (not to be confused with SKU's) the administration of the application can exceed its usefulness. Typically this is when a company is between $150 million and $500 million of revenue. Up to that point, it does a very good job of predicting external demand. It has the ability to apply life cycle coefficients, seasonality coefficients, and logic to determine whether and by how much to accelerate or decelerate planned demand. My favorite feature is what I call the 'idiot stop'. This is for the many sales/marketing types who just love to think that they know more than the computer. These are stakeholders who are always overriding system forecast. (A polite way of saying this is that it's the "Presidents Prerogative") XA's Forecast application will actually monitor these 'overrides' and tell you when you should stop overriding because the computer algorithms are smarter than you are. (The corollary is that it also tells you that you should adjust the computer model because your guesses are better than the computer calculations.) In the many years of being a stakeholder and consuming the output of the Forecast applicaton, and the many more years of working with XA customers that use the Forecast application, I've found it to be an invaluable tool in driving inventory down. As an example, you can download a real world graph of what my company accomplished when I was VP of Manufacturing for a $400 million group within a $2 billion global corporation. We found it the perfect tool. Here is a link to download the graph: https://dl.dropboxusercontent.com/u/25226139/Raw%20Material%20On%20Hand%20Analysis.pdf It should be noted that our sales volume doubled during the same period. At some point, for some enterprises, forecasting becomes it's own process and depending on demand types and needs, the XA Forecast application can begin to become tedious to maintain. We have implemented several different solutions. First, using XA's Enterprise Integrator, we can automate many of the maintenance tasks and permit an enterprise to continue to use the Forecast application for many more years to come with a reasonable investment. One of the nice outcomes of this is the graphical views of the product forecast and historical demand. Another option, as Ross Freeman has mentioned, is Infor's Demand Planning suite of applications which is part of Infor's Supply Chain Planning product line and is one of the best applications available. The Demand Forecaster application offer's best in class tools that graphically present the user with the product forecast. Usability is what this application is all about as, like XA Forecast application it utilizes seasonality, unlike the Forecast application, Demand Forecaster automatically detects seasonality and automatically applies the cooeficients. In addition it automatically detects trends, slow-moving items and step-changes in demand. This application will work across the entire enterprise including multiple distribution points, manufacturing locations and supports global operations. My favorite feature is the seamless integration to Infor's S&OP suite. This is truly collaborative S&OP and in my opinion, there is none better. The applications are designed to work with any ERP system and XA integration is relatively quick and easy. To summarize, Infor XA's Forecast application is a good, effective and low cost solution for the majority of small and mid-range companies. If your company outgrows the usability of Forecast, then Infor's Demand Planning suite, and specifically Demand Forecaster module is the right solution as you will never outgrow it's capabilities. On Fri, Dec 20, 2013 at 5:22 AM, Ross Freeman <Ross.Freeman-wzDqe+/[email protected]>wrote: > The standard Infor solution for forecasting with XA is Demand Planner. We > do not currently support the integration, but the integration is quite > simple. Demand Planner has extensive forecasting capabilities. > > I know there is another product in the Infor family that has also been > used with XA. If Kevin Fox is listening on this thread, he would probably > be the expert. > > Best Regards, > > <http://www.infor.com/>Ross Freeman - System i Strategy Leader, Senior > Product Manager ERP XA > mobile: +1 404 386 5684 > ross.freeman-wzDqe+/[email protected] | http://www.infor.com > > > <http://go.infor.com/ibmi> > > > > > > > > -- > This is the MAPICS ERP System Discussion (MAPICS-L) mailing list > To post a message email: MAPICS-L-Zwy7GipZuJhWk0Htik3J/[email protected] > To subscribe, unsubscribe, or change list options, > visit: http://lists.midrange.com/mailman/listinfo/mapics-l > or email: MAPICS-L-request-Zwy7GipZuJhWk0Htik3J/[email protected] > Before posting, please take a moment to review the archives > at http://archive.midrange.com/mapics-l. > > -- This is the MAPICS ERP System Discussion (MAPICS-L) mailing list To post a message email: MAPICS-L-Zwy7GipZuJhWk0Htik3J/[email protected] To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/mailman/listinfo/mapics-l or email: MAPICS-L-request-Zwy7GipZuJhWk0Htik3J/[email protected] Before posting, please take a moment to review the archives at http://archive.midrange.com/mapics-l.