Commitments (X3v7 and up)
The data model includes commitment amounts in various currencies, commitment quantities, and fulfillment amounts in different currencies and units of measure. It enables analysis of commitment status and progress, sales performance, customer segmentation, product profitability, market share analysis, inventory management, financial forecasting, and supplier evaluation for informed decision-making and efficient supply chain and procurement management.
Benefits of This Data Model
- Enhanced Sales Analysis: Enables detailed analysis of sales performance trends, forecasts, and metrics to make informed decisions and drive business growth.
- Improved Inventory Management: Facilitates tracking of inventory levels, turnover, and reordering needs for efficient supply chain management, ensuring optimal inventory handling.
- Effective Customer Segmentation: Allows segmentation of customers based on behavior, demographics, and preferences, enabling targeted strategies and personalized approaches for increased customer satisfaction.
- Accurate Financial Forecasting: Provides the capability to predict future financial performance based on historical data and market trends, supporting robust financial planning and decision-making.
- Streamlined Supplier Evaluation: Enables thorough assessment of supplier performance, quality, and reliability to optimize procurement processes and enhance vendor management strategies.
Key Performance Indicators (KPIs)
- Commitment Doc Currency Amt: The total amount of the commitment in the document currency.
- Commitment Quantity: The quantity committed.
- Commitment Reporting Curr Amt: The total amount of the commitment in the reporting currency.
- Commitment Amt Ref Curr 1 to Commitment Amt Ref Curr 10: The total amount of the commitment in each of the reference currencies 1 to 10.
- Fulfilled Amt Doc Curr: The total amount fulfilled in the document currency.
- Fulfilled Amt Reporting Curr: The total amount fulfilled in the reporting currency.
- Fulfilled Amt Ref Curr: The total amount fulfilled in the reference currency.
- Fulfilled Quantity in UOM: The quantity fulfilled in the unit of measure.
Available Visualizations
| View Name | Description |
|---|---|
| Commitments Follow-up | Provides insights into current status of commitments and their progress. |
| Sales Performance | Analyzes sales trends, forecasts, and performance metrics for decision-making. |
| Customer Segmentation | Segments customers based on behavior, demographics, and preferences for targeted strategies. |
| Product Profitability | Evaluates profit margins, costs, and revenue generated by each product offering. |
| Market Share Analysis | Determines market share by analyzing sales data and competitor performance. |
| Inventory Management | Tracks inventory levels, turnover, and reordering needs for efficient supply chain management. |
| Financial Forecasting | Predicts future financial performance based on historical data and market trends. |
| Supplier Evaluation | Assesses supplier performance, quality, and reliability to optimize procurement processes. |