Supplier Forecasts

When you have contracted with a supplier that they will provide you with a minimum quantity of goods each week or month, a supplier forecast document may be created or copied from a supplier contract to reflect the quantity to be receipted each period. Its purpose is to create an ongoing on-order quantity against the inventory item so that the auto-reorder process will recommend only reorder quantities that are in excess of supply. Supplier forecasts can also be used to accommodate regularly scheduled manufacture of sub-assemblies or finished goods.