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Events

How to view, create, and manage demand-impacting events in Toolio's Intelligence module to improve ML forecast accuracy.

Events are demand-impacting signals — such as promotions, markdowns, seasonality shifts, or anomalies — that Toolio automatically detects or lets you define manually. The Events page gives you a single place to view, create, and manage these signals so you can understand what drove historical demand and apply that knowledge to improve your ML forecasts.

The Events page is located under the Intelligence section in the left navigation.

Use Cases

  • Review automatically detected events to understand what disrupted historical demand — without manual investigation.

  • Create custom events for known upcoming promotions or markdowns when you already know the expected impact.

  • Reuse a proven historical event for a future planning scenario by applying its impact metrics directly.

  • Control which demand signals influence your downstream ML forecasting.

The Events Page

The Events page uses Toolio's familiar Excel-style grid. Each row represents one event — either detected (surfaced automatically by the system) or custom (created by you).

Event Fields

Every event displays the following information:

Field

Description

Event ID

Unique identifier for the event

Timeframe

Event start and end dates

Impact Percentage

Estimated demand impact as a percentage

Mean Absolute Change

Average observed change in demand

Choice Scope

Products associated with this event

Location Scope

Locations associated with this event

Source

Whether the event is Detected or Custom

Detected Events

Detected events are surfaced automatically by Toolio based on historical demand patterns. They appear directly in the Events page without any setup required.

Use detected events to quickly identify promotions, markdowns, seasonality spikes, or anomalies that influenced past sales.

Each detected event includes:

  • Impact Percentage

  • Mean Absolute Change

  • Choice and Location scope

  • Event timeframe

Creating a Custom Event

You can create a custom event using two methods: defining it manually from scratch, or reusing an existing detected event.

Option A: Manual Event Creation

Use this option when you already know the expected impact of an upcoming event.

  1. Navigate to the Events page under Intelligence.

  2. Select your Choice filters to scope the event to specific products.

  3. Select your Location filters to scope the event to specific locations.

  4. Enter the event Timeframe (start and end dates).

  5. Enter the Impact Percentage.

  6. Click Save to add the event.

Option B: Reuse a Historical Event

Use this option to replicate a proven past event for a future planning scenario — for example, reapplying last year's holiday promotion.

  1. Select an existing Event ID from the detected events in the grid.

  2. Toolio automatically populates the impact metrics and event details from the original event.

  3. Adjust the Timeframe and any other fields as needed.

  4. Click Save to create the event.

Filtering Events

The Events page includes a unified filter panel for Choice and Location. Filters update the grid immediately, so you can quickly narrow down events to the products and locations you care about.

You can:

  • Apply multiple Choice filters simultaneously

  • Apply multiple Location filters simultaneously

  • Combine Choice and Location filters in a single view

Managing Events

You can edit or delete events directly from the grid using inline actions. The Source column makes it easy to distinguish system-generated events from ones you created manually.

Edit

Click Edit on any event row to modify its details — timeframe, impact percentage, Choice scope, or Location scope.

Delete

Click Delete to remove a custom event. Detected events are read-only and cannot be deleted.

Forecasting Support

Events are currently applied to ML Forecasting workflows. Support for Statistical Forecasting is planned for a future phase.

Additional capabilities coming in Phase 2:

  • Event Categories

  • Stockout signal support

  • Event import functionality

FAQs

Can I Delete a Detected Event?

No. Detected events are read-only. You can choose not to include a detected event in your forecast by not selecting it — but it will remain visible in the grid.

Can I Use Events With Statistical Forecasting?

Not yet. Events are currently supported for ML Forecasting only. Statistical Forecasting support is planned for a future phase.

What Does Impact Percentage Represent?

Impact Percentage is the estimated change in demand attributed to the event. A positive value indicates a demand lift; a negative value indicates a demand suppression.

What Is Mean Absolute Change?

Mean Absolute Change is the average absolute shift in demand observed during the event window, expressed in units rather than as a percentage.

What Is the Difference Between Choice Scope and Location Scope?

Choice Scope defines which products (choices) the event is associated with. Location Scope defines which stores or distribution centers are included. Both can be set when creating a custom event.

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