Review a report on forecast value add (FVA) over different time periods at the product level. FVA measures change in performance metrics (MAPE or Accuracy). FVA can be positive or negative, showing improvement or worsening of forecasts, respectively.
Before you start
Use the context selectors at the top-right to select units/revenue, time period, and scenario. Additionally, you can manually enter the required values using the search function.
The first table provides the timelines for short, mid, and long-range periods, which are usually set up during the implementation. You can alter them within the time range in 520 - Forecast Accuracy: Product.
The second table allows you to view the product's forecast accuracy and forecast value add across time ranges. It provides a comparison between FVA and SMA forecasts for short, mid, and long-range periods. It also helps you to make decisions around those products with lower forecast value add.
Parameters
| Global Parameter | Value |
| Number of Periods for MVA | Enter a value for the number of periods that can significantly impact the accuracy and responsiveness of the demand forecast. |
| FVA Threshold Green (FVA>=) | Enter a percentage threshold value if the forecasting process is performing well, and it can also be a negative value. |
| FVA Threshold Amber (FVA>=) | Enter a percentage threshold value if the forecasting process is meeting some, but not all, of the desired accuracy and value addition criteria. The value can be negative as well. |
