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About Parts Forecaster

Before You Begin

This feature is available to customers on the Professional and Enterprise tiers who use the parts and supplies module.

Parts are vital to maintaining the reliability and uptime of your equipment. Having the necessary parts on hand can be a difficult balance: understocking means you risk running out of a critical part, while overstocking increases your working capital unnecessarily.

The parts forecaster is an applied AI solution that helps you achieve this balance by using Fiix work order and inventory data to predict demand. It uses the quantity and type of parts consumed in work orders to predict the demand for those parts, while still respecting your desired inventory levels. When the parts forecaster is enabled, you’ll start receiving reports with recommended purchase quantities for the parts you select.

To learn more about the parts forecaster, see the following articles:

 
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