Prediko has synced your data and has come up with a plan to predict your future sales/quantities for your products and SKUs. But how confident are we with the predictions?
To help you easily separate products with high confidence predictions from the products with medium or low confidence predictions, we now show a "confidence" tag or label that reads High, Medium, or Low.
High tag means that our confidence in the plan for this product is high due to having enough historical data to start spotting seasonality. We have more than 2 years of historical data for these SKUs.
Medium tag means that our confidence in the plan for this product is medium due to having limited historical data (less than 2 years). You need to consider this while planning.
Low tag means that our confidence in the plan for this product is medium due to having minimal historical data. You need to pay close attention to this while planning.
Note: The plan confidence tags only show up when you group the Plan page by either Product or SKU. They don't show up at the Product Type level.
