iVendNext Foresight - Foresight Settings: Configuration Guide

iVendNext Foresight - Foresight Settings: Configuration Guide

Foresight is configured from a single Foresight Settings screen inside iVendNext. No technical access is required. It is a standard settings form.


Setting

Default

Small retailer

Mid-size distributor

Manufacturer

Enable forecasting

On

On

On

On

Default forecast period

90 days

30

60

90

Auto-sync enabled

On

On

On

On

Sync frequency

Daily

Daily

Daily

Hourly

Confidence threshold

70 %

65 %

70 %

75 %

Alert threshold %

20 %

25 %

20 %

15 %

Cash trigger threshold

(set per customer)

1 month opex

1 month opex

1 month opex

Critical cash threshold

(set per customer)

2 weeks opex

2 weeks opex

2 weeks opex

Default model

ARIMA

Linear Regression

ARIMA

Ensemble

Seasonal adjustment

On

On (festival-heavy)

On

Off (steady)

Minimum history points

12

8

12

24

Accuracy target

85 %

75 %

85 %

90 %

Model retrain frequency

Monthly

Monthly

Monthly

Weekly

Inventory integration

On

On

On

On

Auto-create forecasts

On

On

On

Off (controlled roll-out)

Email alerts

On

On

On

On

Dashboard refresh

5 min

15 min

5 min

1 min

Data retention

365 days

365

730

1 095


6.2 Rules enforced on the Settings screen

  • The confidence threshold must be between 0 and 100.

  • The default forecast period must be at least 1 day.

  • Always set the cash thresholds explicitly rather than relying on defaults. These thresholds drive the financial alerts.


6.3 Loading historical data on first use

On a fresh tenant, the iVendNext team can seed Foresight with up to 12 months of historical cash-flow context, so the accuracy tracker has a baseline from day one. This is a one-time action requested during onboarding, with no technical work for the customer or partner.


Click HERE to move to the next section: iVendNext Foresight - Forecasting Modules: Logic, Rules, Worked Examples

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