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Forecast Pooling Parameters
A set of parameter values defined on the Forecast Pooling Parameters page that use field inventory pooling to achieve the compromise between consolidating parts into central stocking or building more regional warehouses and stocking many parts in the field locations. The basic idea is to let one selected field location (pooling location) among many field locations within a certain predefined geographic region (for example, within a two hour driving distance) to store some parts for the rest of the field locations group, effectively serving as a mini-warehouse for those parts for the rest of the locations in the group. The other locations then would not need to stock these parts at all. The demand forecasts of these parts at each field location within the group/region are then consolidated into the one demand forecast for the part at the pooling location. When a demand comes in for one of these parts at a field location within the pooling group, the field location would need to get the part from the pooling location.
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