What is 'execution forecast' in SAP IS-R-DM - Demand Management?

execution forecast - Overview

• Component: IS-R-DM

• Component Name: Demand Management

• Description: A prediction based on up-to-date execution information, including price, promotion and availability. In contrast to a what-if forecast that is based on what might happen, the execution forecast is based on the current best information about what will happen.

execution forecast - Details

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  Key Concepts: 
  Execution forecast is a component of SAP IS-R-DM Demand Management. It is used to create a forecast of future demand based on historical data. This forecast can be used to plan production and inventory levels, as well as to identify potential areas of improvement. 
  
  How to use it: 
  Execution forecast can be used to create a forecast of future demand based on historical data. This data can be used to plan production and inventory levels, as well as to identify potential areas of improvement. The user can also use the execution forecast to compare actual demand with the forecasted demand, and make adjustments accordingly. 
  
  Tips & Tricks: 
  When using the execution forecast, it is important to ensure that the data being used is accurate and up-to-date. Additionally, it is important to consider external factors that may affect the accuracy of the forecast, such as changes in market conditions or customer preferences. 
  
  Related Information: 
  The execution forecast is part of SAP IS-R-DM Demand Management, which also includes other components such as demand planning, supply chain planning, and inventory management. Additionally, SAP offers a range of other software solutions that can be used in conjunction with the execution forecast, such as SAP Business Warehouse and SAP BusinessObjects.