Forecast Configurations
This is a prerequisite step for LPO’s Promotion/Markdown and Regular Pricing Optimization (not applicable for Regular Lite) sets up demand forecasting, which is essential for LPO to review and estimate how price changes will impact sales. By training the model and generating demand parameters, it ensures that LPO has the data required to make accurate, data-driven price recommendations. Approving and mapping the forecast links the forecast to the LPO application for use in optimization.
For additional details on forecast configurations, see the Control and Tactical Center chapter in the Oracle Retail AI Foundation Cloud Service Implementation Guide.