Tutorial Video
Product Forecasting with AIM
Product Forecasts
To manage a product's forecast, go to Advanced Inventory Manager from the main menu and either:
Select a product in the Insights tab.
Go to the Forecasting tab and search for the product.
Once a product's been selected, use the functions available to manage its forecast by setting a demand and planning its supply and replenishments.
Set Demand: Set the expected demand per month or copy from a system-generated forecast.
Plan Supply: Apply a stock strategy of how many days of stock you want to carry at a minimum and how many days of stock you want to hold at most.
Plan Replenishments: The system will then calculate your product's future stock on hand and detail required replenishments, incorporating your open transactions and other limitations, such as Minimum Order Quantity. If you enable 'Production Planning', then the replenishments of an assembled item will populate the demand of its components with the quantity and date that the required assembly will need to start, saving you hours of tedious planning work!
🤓 Tip: The AIM Insights 'Top Performing Products' panel ranks your top products, so consider creating forecasts for these first.