NPI - New Product Introduction

Modified on Wed, 14 Dec, 2022 at 5:21 PM

Introduction to NPI 

It can be challenging for planners to predict demand for new products without historical sales data. 

use Excel


For example, as a demand planner, we want a demand forecast for new products at the launch date for manual adjustment to make orders. Also, as a demand planner, we want to monitor actuals vs estimates in the initial launch period to respond swiftly to in-market performance.


Overview 

QU's NPI feature can help with the likes of the above scenario. This article will explain how to navigate and use the QU NPI feature.


New Product Introduction

The customer provides a new product SKU to Quantiful, and we will ingest the new products and generate a demand forecast. QU forecast table defaults to showing all products, both existing and new.

Once a product has sales; it is no longer considered a new product and will drop off the NPI table to show the demand. 
Where no launch date is provied by the customer the forecast will start from the following week 

Navigate to the left-hand side product and category filter and click through; show NPI only. 

New products can only be viewed in the forecast tab. Once NPI is toggled through, it will only show the products with new predecessors or sales history on the table.


The new product toggle is only available at the lowest level of the product hierarchy, that is at the SKU




If you are showing NPIs only and you search for a non-NPI product, the search will have priority and the filter state will switch to show all statuses to display the non-NPI products.



There will be more sophisticated identification of "NPI" in following versions of the product based for example on stable product demand. 




 

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