When creating a demand plan in Fabrikatör, you have two primary options for defining your demand forecasting strategy. Here’s how to choose and configure each one:
1. Use Fabrikatör AI Algorithm (Feature not available yet; launching soon!)
Select "Fabrikatör AI Algorithm": This option leverages the built-in AI to generate your demand forecast.
The AI algorithm analyzes your historical sales data to project future demand. This method automatically accounts for trends, seasonality, and other patterns in your past sales data to provide an accurate forecast.
2. Set Your Growth Rate Compared to Last Year
Select "Last Year Sales Performance": This option allows you to manually define a growth rate for your demand plan based on your sales performance from the previous year.
Input Growth Rate: You can input a positive, negative, or zero growth rate to reflect your expectations for the coming period.
Positive Growth Rate: If you expect your sales to increase, input a positive percentage.
Negative Growth Rate: If you anticipate a decrease in sales, input a negative percentage.
Zero Growth Rate: If you expect sales to remain stable, input 0%.
This method creates a demand plan based on last year's sales performance, adjusted by the growth rate you define. It provides a straightforward approach to forecast based on a linear growth model.
