The Global Unusual Sales Settings screen controls how StockIQ detects unusual sales, and if/when they are applied as events automatically to help increase your forecast accuracy
It is accessible by clicking on Admin --> System Configuration --> Global Unusual Sales Settings
These control some of the hyperparameters used by the AI/ML model that detects unusual sales in your demand history.
Unusual Sales Settings
Enabling the checkboxes for each of the following levels controls how StockIQ detects unusual sales. When multiple levels are selected, a sale will need to surpass the Outlier Score Threshold at all of the levels selected to be considered unusual. You can choose which checks you want enabled, and if you you want all of those checks to be true, or just any/one of them before we alert you to an unusual sale
Check for unusual sales by item - Unusual sales will be detected at the item level
Check for unusual sales by item and site - Unusual sales will be detected at the item-site level
Check for unusual sales by item and customer - Unusual sales will be detected at the item-customer level
Checks Mode- Allows you to select if ANY of your enabled checks is sufficient to raise an unusual sale, or if ALL of your enabled checks must all be true for the sale to be considered an unusual sale
Outlier Thresholds
The Outlier Threshold Score is created using a proprietary machine learning algorithm that considers standard deviation among other variables. If multiple levels are selected, you can select the threshold that makes the most sense at each level.
Item Outlier Score Threshold - This is the outlier threshold before a sale is marked as unusual for a specific item
Item-Site Outlier Score Threshold - This is the outlier threshold before a sale is marked as unusual for a specific item-site
Item-Customer Outlier Score Threshold - This is the outlier threshold before a sale is marked as unusual for a specific item-customer
Auto-Event Creation From Outliers
Enable Auto-Create of events for unusual sales - If this is enabled, an event will automatically be created for sales that surpass the following thresholds
Item Outlier Score Threshold - If Auto-Create Events is enabled, this is the item outlier threshold before an event is created for an unusual sale
Item-Site Outlier Score Threshold - If Auto-Create Events is enabled, this is the item-site outlier threshold before an event is created for an unusual sale
Item-Customer Outlier Score Threshold - If Auto-Create Events is enabled, this is the item-customer outlier threshold before an event is created for an unusual sale