He just made up a number. What he could have done is look at the year-over-year growth from 2023-2022 and 2022-2021 and applied that rate of growth to calculate the sales for 2024 (either take an average or the max). With that said, 1350 isn't that far off from what the number would be if you used this approach.
The way you explain is quite understandable, keep up the good work mate, and thanks for sharing this informative and meaningful video. Its 4 AM here and I stumbled upon your video because of the notification :)
Hello, great video but how can we make sure that we predict a number for the monthly seasonal forecast (1350) how can we make sure that it's accurate? and would we have to do that each year?
where did the annual demand forecast 1350 from?
He just made up a number. What he could have done is look at the year-over-year growth from 2023-2022 and 2022-2021 and applied that rate of growth to calculate the sales for 2024 (either take an average or the max). With that said, 1350 isn't that far off from what the number would be if you used this approach.
@@brj4390 I believe the 1350 is from S&OP or management decision on sales target for the year 2024.
The way you explain is quite understandable, keep up the good work mate, and thanks for sharing this informative and meaningful video.
Its 4 AM here and I stumbled upon your video because of the notification :)
Thanks! I really appreciate that! I hope you’re able to get some sleep!
Thanks ☺️ 😊 🫂 🙏 ❤
Hi , thanks alot but annual demand from where or how you calaculte it ? Could you pls me mentioned me for the answer
Great work man love your videos
Haha appreciate the support as always!
Hello, great video but how can we make sure that we predict a number for the monthly seasonal forecast (1350) how can we make sure that it's accurate? and would we have to do that each year?