Dear Experts,
My knowledge on this subject is 0 / 0. Help.com sounds scary at the moment.
.
Question is
When I DO have the option of extracting data against any damn master data as characteristic (or attribute).e.g. for Product in ECC = Mini Van, the attributes could be Engine CC= 2000, 1600 Color = XXCDC, YYCDZ, Upholstery = Leather Brown, Fabric White using Appropriate data sources,
and carry out my forecasting and demand planning at any level. e.g I can plan demand for Product Mini Van, Color XXCDC with all engine sizes and all upholstery and even more granular.
Why do we need Characteristics Based Forecasting ? which as I understand is used for forecasting at "characteristic level". I don't really get that. Doesn't standard DP also forecast at "characteristic" level..
In other words what is the difference between Characteristics in first C of CVC and Characteristic in CBF ?
Appreciate layman answers :-).
Related questions follow if I manage to sink this in my tiny lil mind.
Regards
BS
