The Planning feature has the ability to generate accurate daily and weekly forecasts. A forecast is a tool that enhances your ability to make important decisions and control departmental performance. In the service industry, much of the day-to-day effort is devoted to anticipating and meeting the demands guests (a responsibility that is placed upon management personnel and employees). Meeting these needs requires that you adequately provide and use available resources. The more you know about guest demand, the more effectively you can meet that demand. The key to meeting demand is to know how much demand there will be and when that demand will occur. The main purpose of a forecast is to determine the level of demand.
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Field | Description | Notes |
Display basic options | View only the most used planning tasks. | Default view: Display basic options. |
Display advanced options | View all planning tasks. | |
Task | Name of the planning task. | READ-ONLY |
Status |
| READ-ONLY |
User | User name of the last person who performed the task. | READ-ONLY |
Complete | Indicated whether the task has been completed. | If the task is marked as Complete, but you find that the task is not complete, you can clear the check box. |
Action | To access the task, click the appropriate button. |
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Forecasting Elements
System Configuration/Forecasting Configuration:
- Establish market segments for rooms forecasting.
- Establish revenue centers for developing forecasts.
- Establish KBIs that impact outlet forecasts, or that will be used for determining labor standards.
Using Forecasting Features:
- Enter actual data that will be stored for use in forecast development.
- Enter revised forecasts based on data not available to
.Include Page RMS product name RMS product name - Generate statistical forecasts based on the information that was entered into the system.
System Reports/Forecast Reports:
- Print reports that provide forecasts for the coming week.
- Print reports that provide actual volumes for previous weeks.
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