Demand Events
Under the "Events" tab on the right-hand side of the screen, click on "Manage" to open the "Event Management" page:
On the Event Management page, you can see on the left-hand side the list of Events.
The event timeline is on the right. It displays the "Actual" timeline in dark grey, the "Tactical Plans" and their durations in blue, and the "Event" along with its respective duration in green.
Click on "New Event" to create a new event:
You can choose between multiple types of events, for now, we made only 2 types available (Trade Term event will be introduced later):
- Demand Adjustment: allows you to increase/decrease the Demand due to internal or external events.
- New Demand Stream: allows you to manually create Future Demand for new products (this event will be explained later).
- Name the new event "Covid May 2022 drop" (e.g. Covid May 2022 drop)
- Select "Demand Adjustment" as an event type
- Name the version Name "V1"
- Select the period from May 2021 to May 2022
- Click on Add Another Segment Affected by the Event to configure the event
- In the "Adjustment on Demand" section, select "Decrease" and set it to "40%"
- Write a description of the event (optional)
- Save the event.
- By percentage: For example, a demand decrease of 40%.
- By absolute value: For example, a decrease of 50,000 units.
You can switch between these options by selecting the appropriate choice in the unit box.
Go back to the Demand Planning page by using the arrow on the upper left side of the screen:
To assign the "Event" to "Actual" and adjust the "Base Demand", click on the menu button next to Actual and click on "Edit":
- Select the newly created event "Covid May 2022 drop"
- Click on "Save". It is advisable to wait until the warning icon disappears to avoid breaking the tool
Go back to the Event Management Page Expend "Promotion local 2021 - V1", and click on "Duplicate":
Edit the version name to "[user initials]-realized" and set the demand impact to increase by 20%, click "Save":
Assign the newly duplicated "Event" to "Actual" and click on "Save".
Congratulations you have adjusted your Based Demand with the actual performance of a planned Trade and Marketing Event.