Continued innovation and regular upgrades are key to SAP’s growth and success story. Keeping up with the changing market requirements & user needs, SAP IBP has updated to IBP 1808 version recently. As a valued SAP strategic partner, Krypt offers you a peek into the list of new features added to the 1808 release.
The blog is presented in a three-part series where each part will educate you on new features added for specific areas in the updated IBP 1808 release. In Part-1 we will be highlighting IBP for Demand.
IBP 1808: New Features For Demand
Manage Forecast Automation Profiles App
To set up time series analysis for planning, SAP has introduced a new app “Manage Forecast Automation Profiles”, which a business user can utilize to discover properties such as trend, seasonality, type of seasonality, intermittency, irregularity, and lumpy demand, which runs on the values of a selected input key figure. The user can also run and schedule time series analysis jobs using the Forecast Automation Job template in the Application Jobs App.
The user can now leverage the outcome of forecast automation job for XYZ segmentation. If the user executes a forecast automation job in the application job app, the main property gets saved in the background and can be used further for segmentation. This helps in smoothening data, which otherwise would distort the segmentation result. The prerequisite is run in the forecast automation job before carrying out XYZ segmentation.
Statistical Forecast Algorithm
The user can now set a multiple regression algorithm to use a slope dummy independent variable. If the trend can’t be explained by any known independent variables, then with the help of slope dummy, the algorithm can predict trend values for the future and calculate a forecast that takes the trend into consideration.
The demand sensing algorithm has been simplified. The user can no longer select Adjusted Delivered quantity as a main input for forecasting steps. If the user has a demand sensing model already in place, then Adjusted Delivered quantity key figure is replaced by Future Ordered quantity key figure. The Future ordered quantity is renamed to Ordered quantity and is now a non-editable key figure and it will be identical to main input for forecasting step. The signal horizon that was displayed for Future Ordered Quantity is no longer visible. The Future Ordered Quantity and Historical Ordered Quantity settings have been merged. As a result, the user won’t need to choose a key figure and periodicity for Historical Ordered Quantity anymore, and the related signal horizon is not displayed on the screen. This is however, a mandatory task after upgrade.
Manage Forecast Error
The user can now select just the future, or both the past and the future as the calculation horizon in the Manage Forecast app.
Manage Product Lifecycle
With the new enhancement in web UI, the user can now see where phase-in/phase-out curves are used. The feature where used list in the curves area shows the total number assignment and the user can drill down to the relevant products with their launch dimension. The user can also see who created or last changed the curve.
The user can now specify Unit of Measure for the promotion. In addition, the user can also delete promotions in the Analyze Promotion App, which will also delete Key Figure Values, Planning Objects and Master Data. The promotion success calculation now considers seasonality and trends.
Manage Realignment App
This new app helps the user to adjust the planning data to reflect the changes that occur in the operations of an organization. For example, a change in location, distribution center or new and discontinued products, etc. The application job template Realign Planning Data with the set of realignment rules (defined in manage realignment app) can be executed to realign planning data.
Do not miss Part 2 of this post detailing new IBP 1808 features for Supply, live tomorrow, August 29, 2018.
Stay tuned for information about an IBP Demand Planning webinar at the end of September!
If you have any queries, would like to have a demo or need help to implement SAP IBP, please contact us.