Create a Forecast

The next step is to create a forecast in Moselle to help plan our your inventory into the future

Create a Scenario Plan

Click on the Forecast selection from the left side menu. On this page, you can create a new scenario plan to begin your forecast. Scenario plans are independent forecast files that allow you to build different scenarios and automate your replenishment accordingly.

Click on the "Create Plan" button at the top right corner to begin the flow process. Enter a name for your planning page, then select a start date for your production plan from the date selector, and input a number for the number of months you want to plan ahead. Moselle's Lightning Forecast will help guide you into generating a bottoms-up or top-down forecast. Follow along and complete each step to generate your first forecast.

Generate projections for your Scenario Plan

You have three options when it comes to generating projections for your scenario plan:

1. Generate a Bottom-Up Forecast using one of our machine learning models.

2. Generate a Top-Down Forecast that converts your revenue forecast to a unit forecast.

A common approach in Moselle is to select one of our machine learning models to forecast the next 12 months, export it, make edits, and then upload it back. This allows you to build a 12-month forecast in a matter of minutes instead of days or weeks.

Generate a Bottom-Up Forecast

On the forecast page, select the Gear Icon button and click on Modify Forecast. Then select the Change Forecast Method option to select a different forecasting model for your Bottom-Up Forecast. Select one of the forecast models and click next. Follow the Forecast Method Flow and Skip until you reach Generate Forecast. Click on Generate Forecast and your new projections will update based on the model you have chosen.

Learn more about what each machine learning models mean.

Generate a Top-Down Model

On the forecast page, select the Gear Icon button and click on Modify Forecast. Then select the Adjust Revenue Targets option, and you will then be redirected to enter your sales goals.

Within your sales goals table, data will be organized by channel and the number of forecasted months you’ve entered. Input your sales goals directly into each cell, or copy and paste an entire row of gross sales into the table. After completing this step, click the "Generate Forecast" button to transform your gross sales into unit sales projections. The planning page table will automatically update to display the converted data.