Forecasting Reports Clause Samples
The Forecasting Reports clause requires one party to provide regular projections or estimates regarding future activities, needs, or performance relevant to the agreement. Typically, this involves submitting periodic reports that detail anticipated demand, resource requirements, or delivery schedules, enabling the other party to plan accordingly. The core function of this clause is to facilitate effective planning and coordination between parties, reducing uncertainty and helping to prevent supply chain disruptions or resource shortages.
Forecasting Reports. Within the period of 30 Business Days preceding the Month End, but no less than 22 Business days prior to Month End, the Service Provider will submit to the LFC a Forecasting Report, in the form prescribed by the LFC from time to time (a sample is attached as Appendix C).
Forecasting Reports. Within the period of 10 Business Days following the last day of each calendar month, the Service Provider will submit to the LFC a Forecasting Report for the period commencing on the first day of the following month in the manner and form prescribed by the LFC from time to time (a sample is available on the LFC website), provided that any changes to the manner and form are no more onerous for the Service Provider (acting reasonably) than existed prior to such change.
Forecasting Reports. On a quarterly basis, IDT will provide to the trade control group at BP a weekly, rolling 3-month and rolling 12-month forecast by ISO delivery zone. The forecasting report(s) will be delivered electronically in a form and mechanism mutually acceptable to the Parties.
Forecasting Reports. Within the period of 10 Business Days following the last day of each calendar month, the Service Provider will submit to the LFC a Forecasting Report for the period commencing on the first day of the following month in the manner and form prescribed by the LFC from time to time (a sample is available on the LFC website), provided that any changes to the manner and form are no more onerous for the Service Provider (acting reasonably) than existed prior to such change. Each Forecasting Report is to set out the Service Provider’s forecast for the volume of orders applicable to each PONFAS Service category for each month of the period of 6 consecutive months following the month in which the forecast is provided by reference to each applicable Forecast Coverage Area. The Service Provider is also requested to provide forecasts for Months 7 to 12. This is optional and will be treated as indicative by the LFC. If the Service Provider is aware that volume is not likely to be evenly distributed within a Forecast Coverage Area over a Service Request Month (for example due to Bulk Service Requests), it should ensure that the Forecasting Report for that Service Request Month itemises Forecast Service Requests on a per week or per Business Day basis (as applicable and to the extent required to reflect the forecast variation in distribution of volume). If a Forecasting Report does not specify a weekly or daily Forecast Service Request volume for any Forecast Coverage Area, Forecast Service Requests for that Forecast Coverage Area will be deemed to be evenly spread across the applicable Service Request Month. The LFC may make a reasonable request that the Service Provider provide additional information to the LFC in support of a Forecasting Report already provided. Following receipt of such a request, the Service Provider will prepare the requested information with reasonable care and provide it within a reasonable period. An under-forecast is where the number of Service Provider submitted service requests is more than 10% higher than that indicated in their six-month forecasts; The LFC will make reasonable endeavours to meet this excess service request demand using the available pool of resources. However, in the event that the LFC does not have sufficient resources to meet demand, the LFC may prioritise orders within the forecast demand envelope over orders outside this demand envelope. The LFC would work with the Service Provider to minimise the End User impact of such...
Forecasting Reports. The Service Provider will submit Forecasting Reports to the LFC:
Forecasting Reports. Within the period of 30 Business Days preceding Month End, but no less than 22 Business Days prior to Month End, the Service Provider will submit to the LFC a Forecasting Report, in the form prescribed by the LFC from time to time (a sample is attached as Appendix C). Each Forecasting Report is to set out, for at least each of the 6 calendar months following Month End, the Service Provider’s forecast for use of the PONFAS Service by reference to each applicable Candidate Area (each a Forecast Coverage Area). Months 1 to 6 are mandatory but the Service Provider may also provide forecasts for Months 7 to 12 which will be treated as indicative by the LFC. In this section 6:
Forecasting Reports. The Access Seeker will submit Forecasting Reports to the LFC: