There’s A New Way to go about Forecasting Demand in Sage 500 ERP (MAS 500)
Anytime Supply Chain software allows companies to manage their supply and demand more effectively. Companies that do not have sales demand forecasting within their ERP business systems can use the Anytime Supply Chain Sales Forecasting software module to help drive their demand planning process.
Forecasts are imported from Microsoft Excel templates created by the application. Planners may export previous forecasts to use as the basis for new forecasts and they can easily import new forecasts which are setup for specific groups of items.
Forecasts can be entered daily, weekly, monthly, quarterly, or yearly with the demand smoothed into any of these planning period sizes for MRP and DRP purposes. For example, an automotive parts manufacturer may forecasts daily due to daily release schedules received via EDI but they may want the forecasts smoothed into weekly planning periods for MRP software plans. Likewise, a wholesale distributor may have little fluctuation in their demand by quarter so they can enter their forecast for each quarter to represent the slight variation but smooth the demand into weekly or monthly planning periods to tell them what they need to buy or what quantities they need to transfer in that period to cover their forecasted and real demand.
Sales order quantities are matched against the forecast and consume the forecasted demand preventing the system from planning for duplicate demand. The system will always plan to make or to buy to the forecast except in cases where real sales order demand fully-consumes the forecast, in which case the system will plan to meet the total, real demand for the item in that period.
Anytime Supply Chain Sales Forecasting software integrates with DRP and MRP software planning to drive material plans and planned purchase orders using forecasted demand in addition to real sales order demand and supply information from the company’s ERP accounting system.
e2b teknologies is the original developer of Sage 500 MRP software. The Company continues to develop new features for Sage 500 MRP software and now offers Anytime Supply Chain software, the next-generation cloud MRP software and cloud DRP software is available for Sage 500, Sage 300, Sage 100, Intacct Financials, Intuit QuickBooks, and other accounting and ERP business applications.
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