What is 'baseline forecast' in SAP CRM-MKT-MPL-CBP - Customer Business Planning?

baseline forecast - Overview

• Component: CRM-MKT-MPL-CBP

• Component Name: Customer Business Planning

• Description: Volume forecast for future periods based on historical data. Statistical analytics are used for this purpose.

baseline forecast - Details

• 
  Key Concepts: 
  Baseline forecast is a feature of the Customer Business Planning (CBP) component of SAP CRM-MKT-MPL. It is used to create a forecast of expected customer demand based on historical data. The baseline forecast is used as a starting point for more detailed forecasting and planning. 
  
  How to use it: 
  To use the baseline forecast feature, you must first enter historical data into the CBP system. This data can include sales figures, customer demographics, and other relevant information. Once the data is entered, the system will generate a baseline forecast based on the data. This forecast can then be used as a starting point for more detailed forecasting and planning. 
  
  Tips & Tricks: 
  When creating a baseline forecast, it is important to ensure that the historical data entered into the system is accurate and up-to-date. This will ensure that the baseline forecast generated by the system is as accurate as possible. Additionally, it is important to regularly review and update the historical data in order to keep the baseline forecast up-to-date. 
  
  Related Information: 
  For more information on using the baseline forecast feature of SAP CRM-MKT-MPL-CBP Customer Business Planning, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on using this feature.