What is deseasonalized baseline demand in SAP CA-DDF-RT - Demand Data Foundation for Retail?

SAP Term: deseasonalized baseline demand

• Component: CA-DDF-RT

• Component Name: Demand Data Foundation for Retail

• Description: The regular consumption or demand not attributed to discrete and specifically defined influencing factors such as promotions or calendar effects, for example. Unlike the baseline demand, the deseasonalized baseline demand does not include the effects of trend, annual seasonality, weekly cycles, and holidays.

Smart SAP Assistant

• Key Concepts: 
  Deseasonalized baseline demand is a term used in the SAP component CA-DDF-RT Demand Data Foundation for Retail. It is a method of forecasting future demand for products by removing seasonal fluctuations from historical data. This allows for more accurate predictions of future demand, as seasonal fluctuations can be unpredictable and misleading. 
  
  How to use it: 
  To use deseasonalized baseline demand, first collect historical data on the product or service you are forecasting. This data should include sales figures, customer feedback, and other relevant information. Once you have collected the data, use a statistical technique such as exponential smoothing to remove any seasonal fluctuations from the data. This will give you a more accurate prediction of future demand. 
  
  Tips & Tricks: 
  When using deseasonalized baseline demand, it is important to remember that the accuracy of your predictions will depend on the quality of your data. Make sure that you are collecting accurate and up-to-date information on your product or service in order to get the most accurate predictions possible. Additionally, it is important to remember that deseasonalized baseline demand is only one tool for forecasting future demand; other methods such as trend analysis may be more appropriate in certain situations. 
  
  Related Information: 
  For more information on deseasonalized baseline demand and other forecasting methods, visit the SAP website at https://www.sap.com/products/demand-data-foundation-for-retail.html. Additionally, there are many books and online resources available that provide detailed information on forecasting techniques and their applications in business settings.