shipment-stock-photos
Shipping Terms

Commonly Used Terms

Click on the term below and get an explanation
Understand what the shipping terms means

Actual Demand

Actual demand is composed of customer orders (and often allocations of items, ingredients, or raw materials to production or distribution). Actual demand nets against or “consumes” the forecast, depending upon the rules chosen over a time horizon. For example, actual demand will totally replace forecast inside the sold-out customer order backlog horizon (often called the demand time fence), but will net against the forecast outside this horizon based on the chosen forecast consumption rule.

A

More From Cogoport

Schedule a personalized 1:1

Step into the future of freight forwarding with Cogoport. Experience a demo tailored to revolutionize your logistics, offering:

  • Innovative Solutions: Peek into cutting-edge features redefining freight management.
  • Expert Guidance: Direct insights from our seasoned pros, tailored to your business needs.
  • Real Answers: Interactive session to address your unique challenges.
Book a demo

Subscribe to our newsletter now!

Don’t miss out on the latest happenings at Cogoport.