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items:forecasting [2021/08/14 02:41] – Mark Glover | items:forecasting [2023/12/12 14:45] – Gary Willetts |
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====== 4.20. Forecasting ====== | ====== 4.21. Forecasting ====== |
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<WRAP center round important 60%> | <WRAP center round important 60%> |
In mSupply, 'consumption' is defined as stock that is **//issued//**. Stock lost due to damage, expiry, etc. (managed through [[items:inventory_adjustments|Inventory Adjustments]]) are not included in 'consumption'. During the later quantification calculation, there are options to include or exclude [[issuing_goods:transferring_goods_to_another_store|Stock Transfers]] and [[items:manufactured_items|Builds]] in the consumption calculation. | In mSupply, 'consumption' is defined as stock that is **//issued//**. Stock lost due to damage, expiry, etc. is managed through [[items:inventory_adjustments|Inventory Adjustments]] and <wrap em>is not</wrap> included in 'consumption'. During the later quantification calculation, there are options to include or exclude [[issuing_goods:transferring_goods_to_another_store|Stock Transfers]] and [[items:manufactured_items|Builds]] in the consumption calculation. |
</WRAP> | </WRAP> |
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By default, mSupply uses the assumption that future consumption will continue at the same level as consumption over a given historic period. Our experience is that in almost all situations, this method, combined with a conservative provision for buffer stock, yields very good to excellent results. However, in certain situations you may want to provide your own forecasts. Reasons for this could include factors such as: | By default, mSupply uses the assumption that future consumption will continue at the same level as consumption over a given historic period. Our experience is that in almost all situations, this method, combined with a conservative provision for buffer stock, yields very good to excellent results. However, in certain situations you will want to provide your own forecasts. Reasons for this could include factors such as: |
* Excessive, sudden population increase | * Excessive, sudden population increase |
* An epidemic causing increased demand | * An epidemic causing increased demand |
*/ | */ |
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mSupply allows you to choose to use from a range of forecasting methods on a per item, per store basis. These other methods are detailed below. | ===== Item Usage tab ===== |
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| In the mSupply Item Usage tab, you can choose to use from a range of forecasting methods on a per item, per store basis. These methods are detailed below. |
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<WRAP center round alert 60%> | <WRAP center round alert 60%> |
Any time mSupply produces a suggested order quantity, it will consider each item and use the forecast options for that item to produce a forecast. This includes: | Any time mSupply produces a suggested order quantity, it will consider each item and use the forecast options for that item to produce a forecast. This includes: |
* [[tender_management:introduction#creating_a_new_tender|Creating a new tender]] | * [[tender_management:introduction#creating_a_new_tender|Creating a new tender]] |
* The suggested order report | * [[reports:purchasing#suggested_order_quantities|The suggested order report]] |
* [[purchasing:ordering_from_suppliers#creating_a_new_calculated_purchase_order|Creating a new purchase order]] | * [[purchasing:ordering_from_suppliers#creating_a_new_calculated_purchase_order|Creating a new purchase order]] |
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