Banned Forecast

Banned Forecast

 

 

Banned Forecast

 

Meaning of Banned Forecast

Banned Forecast: Forecasting future demand in “Bands” which may include a high-confidence forecast (for products the manufacturer is very certain the market will need), a medium-confidence forecast (often the "one number" consensus forecast), and a low-confidence forecast (a high demand scenario). In this case, a manufacturer can safely make the high confidence forecast units early in the month, and then produce the medium-confidence forecast units later in the month, unless they see a drastic drop-off in orders. Only if they see an unexpected surge of demand does the manufacturer ramp up the factory in the last week of the month. In the semiconductor industry, adding capacity is expensive. These banded probabilistic ("stochastic") forecasts make a lot of sense and can improve the S&OP process.

 

Source: https://cscmp.org/sites/default/files/user_uploads/resources/downloads/glossary-2013.pdf

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Banned Forecast

 

Banned Forecast

 

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Banned Forecast

 

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Banned Forecast