Better Forecast

Flexible overview of item forecasting, demands, supplies and history.

What is Better Forecast?

You will get one line displayed per forecast period, even when the period length varies.

The line also displays all known demands and supplies as well as all item history in the period. The demands and supplies can be folded out so you see one line per movement if you want to look in detail at a critical period.

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Key Advantages

For Økonomichefen

For Planners and Purchasers

  • One combined overview of the inventory availability with all history, known orders and forecasts.
  • Ability to see the expected inventory costs for the planner if all forecast is sold – and if not.
  • Compressed view of the items availability per movement compared with the forecast.
For indkøb og planlægning

For the Finance Manager

  • Ability to see the overall availability of future inventory levels, and therefore predict tied-up stock.
  • Filtering of products where the forecast deviates by the highest percentage in relation to on-hand orders, and subsequent validation of the forecast by the salespeople.
For Salg og Marketing

For the Salesperson

  • Quick overview of an item’s stock profile and expected receipts
  • Filtering by Dimension or Location makes it possible to control the allocations per campaign and assess freely available stock that can be sold from.
  • Quick overview of items which are not reaching the forecast and for which an extra effort must be made to sell.

Core functions in Better Forecast

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How Does Better Forecast work?

Overview in multiple dimensions From the Item card you open one of the views Forecast by period, Forecast for all items in a period or Forecast by dimension.

From the view that opens, you can choose the level of detail that you want to use. That is, if all the information about the forecast period should be displayed on one line or if you want some of the lines unfolded so that you see them for every movement that occurs.

The views can be set up to be accessed in all places with an Item number. For instance you can open them directly from the Sales Order Lines, Planning Journals, or similar.

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Forecast by period

For each forecast period, a line is displayed for the item showing the start and end dates and the quantity in the forecast.

Next the line displays sales data, such as Quantity on Sales forecast, Quantity sold, Quantity on Sales order and Percentage of Sales forecast, which shows how much of the forecast have been sold. Next the line displays similar columns for production data.

The line also displays information on both open and received Purchased orders and Transfer orders, and finally the expected stock development is displayed with and without a forecast – both as a quantity and as a cost amount. The forecast can be shown with a filter on one or more Locations.

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Forecast for all items in the period

If you would like to see the availability of many items in one period, in this view you can import which items you wish to look at by filtering the fields on the Item card.

Then one line per item is displayed in the selected period with the same information as in Forecast by period. You can still filter by location or see the total for all Locations.

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Forecast by Dimension

If you use dimensions on the item entries, for example to manage specific campaigns or products that are soft reserved for certain dimension codes, this view enables you to see one item in one period with one line per dimension code wherever the item has movements.

From the overview, you can easily move items from one dimension to another, if you wish to move the soft reservation.

Apps for Dynamics 365 Business Central and NAV

This is how to read the symbols:

Must-have app, that is included in Abakion 365

Available in the Abakion 365 package solution

Available in the Abakion 365 Enterprise package solution

Available for Dynamics 365 Business Central

Available for Dynamics NAV

Free of charge on AppSource

Can be downloaded from Microsoft AppSource