RoFo Review process

RoFo Review process

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  • Creating the Constrained Forecast
  • Prepare weekly performance report
  • Compare Constrained Forecast to RoFo
  • Once per week the Constrained Forecast Engine will process historical and live shipments and calculate a forecast of expected loadings 6-8 weeks out with a 95% accuracy on a region to region level
  • Weekly Performance Review with Head of Trade
  • Meanwhile Eric the Trade Manager prepares for the weekly trade review with his manager
  • As part of his analysis, Eric reviews the Constrained Demand Forecast as a data point which tells him how the expected loadings match up with his RoFo the coming 6-8 weeks
  • During the review, Eirc and his manager reviews the conclusions of the analysis and agrees on actions to ensure the trade will meet the RoFo targets
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