Consensus Forecast
Supply Chain
Consensus Forecast
Forecast agreed cross-functionally after combining statistical baseline, market intelligence and commercial inputs.
Examples
- 01The consensus forecast for next quarter starts with the statistical forecast of 12,000 units and adds 1,500 for a confirmed tender win.
- 02In the monthly S&OP meeting, sales, marketing, finance and operations agree on the consensus forecast by product family.
- 03When the consensus forecast is cut by 20 % mid-month, production, purchasing and logistics agree the same day on which orders to slow down.