LS Forecast consists of a cloud-based forecasting engine and an additional functionality in LS Central for setup, data upload/download, and for utilizing the downloaded forecast in Replenishment.
The cloud-based part is built on Microsoft's Cortana Intelligence Suite and uses advanced statistical forecasting techniques such as ARIMA, Seasonal ARIMA, and Additive and Multiplicative models to predict future sales demand from sales history. LS Central downloads the forecast results from the cloud, and the results will then be used by the LS Forecast calculation type for item replenishment calculation.
For more details see LS Forecast.
See Also
Calculation Type – Average Usage
Calculation Type – Like for Like
Calculation Type – Manual Estimate
Calculation Type – Stock Levels