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Demand events

Under the IBP section on the left-hand side panel, click Event Management.
SIMCEL left sidebar with the Event Management option highlighted under the IBP section

Event Management in the left sidebar, under the IBP section

On the Event Management page you can see the list of events. Click New to create a new event.
Event Management page listing existing events, with the New button highlighted

The New button on the Event Management page

You can choose between multiple types of events:
  • Demand Adjustment - Increase or decrease demand due to internal or external events.
  • New Demand Stream - Manually create future demand for new products.
  • Forecast Override - Manually override the initial future demand forecasted by SIMCEL.
  • Pricing Adjustment - Manually set or adjust the price of your products.
  • Trade Terms - Model trade expenses and calculate the net sales value.
New event dialog showing the event type options: Demand Adjustment, New Demand Stream, Forecast Override, Pricing Adjustment, and Trade Terms

The available event types

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Create and assign an unplanned event

Imagine demand decreased by 40% in May 2023. Create an event to capture it.
1

Name the event

Name the new event May 2023 drop.
2

Select the event type

Select Demand Adjustment.
3

Name the version

Name the version V1.
4

Set the period

Select the period from Jan 2023 to May 2023.
5

Set the impact

In the Delta Adjustment section, set the value to -40%.
6

Describe the event

Write a description of the event. This is optional.
7

Save

Click Save.
Demand Adjustment event form with the event name, version, period from January to May 2023, and a -40% delta adjustment

Configuring the May 2023 drop demand adjustment event

There are two methods for adjusting values:
  • By percentage - For example, a demand decrease of 40%.
  • By absolute value - For example, a decrease of 50,000 units.
Switch between these options in the unit selection.

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Assign the event to actual

Go back to the Demand Planning page by choosing Demand in the left side panel.
SIMCEL left sidebar with the Demand option selected, returning to the Demand Planning page

Returning to Demand Planning from the left sidebar

To assign the event to Actual and adjust the Base Demand, click the menu button next to Actual and click Edit.
Demand Planning page with the Actual dataset menu open and the Edit option highlighted

The Edit option in the Actual dataset menu

Select the newly created event May 2023 drop, then click Save.
Edit Actual dialog with the May 2023 drop event selected from the list of available events

Selecting the May 2023 drop event for the Actual dataset

You have assigned an unplanned event to the Actual plan, and you can already see the change on the Base Demand.
Demand chart showing the Base Demand line adjusted after the May 2023 drop event is applied to Actual

Base Demand updated after the event is assigned

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Adjust base demand with realized performance

Go back to the Event Management page, expand May 2023 drop, and click Duplicate.
Event Management page with the May 2023 drop event expanded and the Duplicate action highlighted

Duplicating an existing event

Edit the version name to [user initials]-realized, set the demand impact to decrease by 20% only, and click Save.
Duplicated Demand Adjustment event with a renamed version and the delta adjustment changed to -20%

Editing the duplicated event version to a -20% impact

Event Management showing the original event and the new realized version saved alongside it

The duplicated event version saved

Assign the newly duplicated event to Actual and click Save.
You have adjusted your Base Demand with the actual performance of a planned trade and marketing event.