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PSI Planner software
system from Logistics Planning Associates, LLC
offers a complete Forecasting module which is
fully integrated with its Distribution/Materials
Requirements Planning and Master Production
Scheduling modules.
The system generates
a statistical forecast for each item-location
combination that has been set up by the user
(PSI Planner uses regression analysis with a
seasonality factor as well as other optional
methods to generate this forecast).
The user can
then make adjustments to the system generated
item-location (i.e. SKU) forecasts and aggregate
them nationally, regionally or by other criteria
such as product, class or market zone. At this
point, further adjustments can be made to the
aggregates and be prorated back down to the
item-location level to drive production and
deployment decisions.
A Forecast Variance Reporting System then automates
the sometimes tedious but critical activity
of measuring planned versus actual forecasts
which can be used to improve future forecast
accuracy.
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