What is demand baseline volume prediction in SAP CRM-MKT-MPL-TPO - SAP Trade Promotion Optimization?

SAP Term: demand baseline volume prediction

• Component: CRM-MKT-MPL-TPO

• Component Name: SAP Trade Promotion Optimization

• Description: A scenario to predict shopper demand baseline volume quantity that will be sold in the absence of promotional activity as part of customer business planning and as input for trade promotion planning.

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• Key Concepts: 
  Demand baseline volume prediction is a feature of SAP Trade Promotion Optimization (CRM-MKT-MPL-TPO). It is a forecasting tool that uses historical data to predict future demand for products. It takes into account factors such as seasonality, promotions, and pricing to create an accurate forecast. 
  
  How to use it: 
  To use the demand baseline volume prediction feature, you must first enter your historical data into the system. This includes sales data, promotional data, pricing data, and any other relevant information. Once the data is entered, the system will generate a forecast based on the data. The forecast can then be used to make decisions about future promotions and pricing. 
  
  Tips & Tricks: 
  When entering data into the system, make sure it is accurate and up-to-date. This will ensure that the forecast generated is as accurate as possible. Additionally, it is important to regularly review and update the data in order to keep the forecast up-to-date. 
  
  Related Information: 
  The demand baseline volume prediction feature is part of SAP Trade Promotion Optimization (CRM-MKT-MPL-TPO). Other features of this product include promotion planning, optimization, and analytics. Additionally, SAP offers other products that can help with forecasting such as SAP Business Planning and Consolidation (BPC) and SAP Advanced Planning and Optimization (APO).