What is customer forecast management in SAP SCM-APO-FCS - Demand Planning?

SAP Term: customer forecast management

• Component: SCM-APO-FCS

• Component Name: Demand Planning

• Description: The process of receiving, analyzing, and adjusting customer forecasts before they are released to downstream planning.

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• Key Concepts: 
  Customer Forecast Management (CFM) is a component of SAP's Supply Chain Management (SCM) Advanced Planner and Optimizer (APO) Demand Planning module. It is used to create and manage customer-specific forecasts for products and services. CFM enables companies to accurately predict customer demand and plan accordingly. 
  
  How to use it: 
  CFM can be used to create customer-specific forecasts based on historical data, current trends, and other factors. It can also be used to analyze customer demand patterns and adjust forecasts accordingly. Additionally, CFM can be used to generate reports that provide insights into customer demand and help companies make better decisions. 
  
  Tips & Tricks: 
  When using CFM, it is important to ensure that the data being used is accurate and up-to-date. Additionally, it is important to regularly review the forecasts generated by CFM in order to ensure that they are still relevant and accurate. 
  
  Related Information: 
  For more information about CFM, please refer to the SAP Help Portal or contact your local SAP representative. Additionally, there are a number of online resources available that provide detailed information about CFM and how it can be used effectively.