Definition
The Unusual Sales Alert will notify you it appears that you have a sale that is not only an unusual sale, but is particularly large in terms of quantity or value, and should get your immediate attention.
Identifying these unusual sales as quickly as possible helps your forecast accuracy a LOT for items where these unusual sales have occurred. The main screen for the Unusual Sales Alert is the Unusual Sales Screen.
The Unusual Sales Alert Settings control when you see alerts for the Unusual alert messages.
- Min Units Above Tolerance - Specifies the minimum number of units above the statistical tolerance levels that this sale must be to trigger an alert. Raising this makes it less likely to have an alert. Lowering it makes the alert more likely.
- Min Revenue Above Tolerance - Specifies the minimum revenue amount above the statistical tolerance level that the sale must be to trigger an alert. This can help avoid getting messages for large quantity sales that are very low in value. Raising this makes it less likely to have an alert. Lowering it makes the alert more likely.
Applies To
Any sale in StockIQ outside of the norm set on the Unusual Settings Screen