What is what-if forecast in SAP CA-DDF-RT - Demand Data Foundation for Retail?

SAP Term: what-if forecast

• Component: CA-DDF-RT

• Component Name: Demand Data Foundation for Retail

• Description: The calculation of what the demand for a product will be if a particular course of action is taken in the future for example, if the product is offered at a discount for one week. What-if forecasts are frequently used during planning because they allow gauging the impact of a specific action that may or may not be executed in the future such as the planned offer. What-if forecasts are generated on demand, as requested by the planning application. The results from the what-if forecast are stored only within the consuming application's database layer.

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• Key Concepts: 
  What-if forecast is a feature of the Demand Data Foundation for Retail (CA-DDF-RT) component of SAP. It allows users to simulate different scenarios and analyze the potential impact of changes in demand, supply, and other factors on the forecast. This helps users to make better decisions and optimize their forecasting process. 
  
  How to use it: 
  To use the what-if forecast feature, users must first create a forecast model in the Demand Data Foundation for Retail (CA-DDF-RT) component of SAP. Once the model is created, users can then enter different scenarios and analyze the potential impact of changes in demand, supply, and other factors on the forecast. The results of the analysis can then be used to make better decisions and optimize the forecasting process. 
  
  Tips & Tricks: 
  When using the what-if forecast feature, it is important to remember that the results are only as accurate as the data entered into the model. Therefore, it is important to ensure that all data is accurate and up-to-date before running a what-if forecast. Additionally, it is important to consider all potential scenarios when running a what-if forecast in order to get an accurate picture of how changes in demand, supply, and other factors may affect the forecast. 
  
  Related Information: 
  For more information about using the what-if forecast feature in SAP's Demand Data Foundation for Retail (CA-DDF-RT) component, please refer to SAP's official documentation or contact your local SAP representative.