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Configurable products including engines, earthmoving and farming equipment, as well as other industrial products may require forecasting at two levels: the base configuration, and the attachment or options.
The solution can allow sales volume forecasting and detailed option/attachment forecasting to be performed in two different organizations, but become part of a business process workflow supported by a single technology infrastructure.
Model-option/material forecasting is designed to provide robust variation/option take-rate forecasting and the ability to understand what relationships should be used in developing attachment forecasts.
Capabilities of the i2 solution for material forecasting can include:
- Integration of sales volume and option forecasting into one model
- Access to an N-dimensional infrastructure for analytics
- Support for planning bills of material (BOMs)
- Ability to establish relationships between materials and product at multiple levels
- Support for different material forecasts at each intersection of product, geography, and time
- Support for multiple forecasting techniques with best pick
Benefits of the i2 solution for material forecasting can include:
- Increased material forecast accuracy
- Increased production schedule stability and accuracy
- Reduced material inventories
- Reduced material costs through improved forecasting
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