Glossary entry

English term or phrase:

regular forecasting cycle by customer / part number for use

English answer:

the use of by

Added to glossary by Tomy Goh (X)
Sep 11, 2008 22:17
15 yrs ago
English term

regular forecasting cycle by customer / part number for use

English Marketing Manufacturing
Full sentence from the manufacturer:
We will actively SEEK customer input as we work towards a regular forecasting cycle by customer / part number for use in production planning as well as revenue planning.

Please can someone advise if the cycle is made by the manuf or by the customer or the cycle is preapred by the manuf and sent out to the customer to fill in, like a survey form.

Responses

+3
20 mins
Selected

the use of by

I think the use of preposition "by" confused you regarding this sentence. It means "according to" in the sentence and then everything else is clear. There is no production/preparation of the cycle "by" customers. They will just provide inputs. The manufacturer will arrange the forecasting cycle according to such inputs.
Peer comment(s):

agree Demi Ebrite : Perfect! Many inventory control systems automatically compute who (the customer) is buying what (by part number) and use then the data to plan for purchasing and production, which ties into the revenue cycle.
3 hrs
Thank you, Demi.
agree Jaquelina Guardamagna
21 hrs
Thank you
agree Jürgen Lakhal De Muynck
4 days
Thank you.
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4 KudoZ points awarded for this answer. Comment: "Thanks All"
20 mins

explanation ...

The manufacturer is going to ask the customers what their forecast are relatively to their future orders for parts.
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