What is Demantra demand planning?
Oracle Demantra Demand Management is a configurable Web-based product to help your organization perform demand planning and forecasting. The goal is to achieve an appropriate balance between meeting customer demands as quickly as possible and making or buying only as much of each product as required. …
What is demantra cloud?
Simon Joiner Oracle Demand Management Cloud is Oracle’s Cloud version of their old flagship Forecasting solution Demantra. Demantra has Promotion and Trade Management capabilities that ODMC doesn’t have, and it has many more pre-defined series to be twist into whatever processes you might dream of.
How do you manage demand forecasting?
How to forecast demand in 4 steps
- Set objectives. Demand forecasting should have a clear purpose.
- Collect and record data. Integrating all of the data from your sales channels can provide a cohesive view of actual product demand and insight into sales forecasts..
- Measure and analyze data.
- Budget accordingly.
What is demantra used for?
Oracle Demantra is a demand management and supply chain management tool provided by Oracle. It helps in enabling automated forecast process that simultaneously maps demand forecasting against factors such as supply restrictions, customer commitments and inventory counts.
What is Oracle Value Chain planning?
Oracle Value Chain Planning (VCP) is a group of supply chain planning modules within Oracle E-Business Suite or Oracle ERP. Value Chain Planning (VCP) is a comprehensive solution that puts together planning, optimization and analytics in a single framework.
What are the modules in Oracle SCM?
Oracle SCM cloud consists of various module/offerings:
- Logistics cloud,
- Order Management Cloud.
- Procurement Cloud.
- Product Management Cloud (PLM / PIM)
- Service Logistics Cloud.
- Supply Chain Collaboration and Visibility Cloud.
- Supply Chain Execution Cloud (Inventory, Maintenance, Manufacturing)
- Supply Chain Planning Cloud.
What is demand management cloud?
Oracle Cloud Demand Management combines proven forecasting algorithms with flexible analytics to anticipate customer demand. It gives you immediate feedback on new products, business segments, and customer behaviors, along with time-phased replenishment requirements, so you can seize opportunity from change.
What are the key components of a demand forecast strategy?
One of the key building blocks in achieving those goals is having a reasonably accurate prediction of demand, including: (a) what goods will be demanded, (b) how much of each item will be demanded, (c) when the goods will be demanded, and (d) where the items need to be at the time they are demanded.
Which method is used in smoothing techniques of Demand Forecasting?
The most common methods used in smoothing techniques of demand forecasting are simple moving average method and weighted moving average method. The simple moving average method is used to calculate the mean of average prices over a period of time and plot these mean prices on a graph which acts as a scale.
What does Oracle demantra predictive trade planning do?
Oracle Demantra Predictive Trade Planning includes all of the functionality available in Oracle Demantra Advanced Forecasting and Demand Modeling. It also provides a fully functioning trade promotion management capability for trade funds, promotion entry, execution, tracking, and analysis.
How to create a demand forecast in demantra?
This process includes: Collecting the appropriate data from an ERP or other system of record. Downloading the appropriate data to the Demantra database. Generating a forecast and then sending a notification to demand analysts.
What do you need to know about Oracle demantra?
For details, refer to the Oracle Demantra Implementation Guide. Promotional and sales calendarization: Normalizing to standard calendar periods. Advanced reporting: Gantt charts for deals, trade, promotions, and price breaks and other events.
How do I create a user in demantra?
The Demantra system administrator does this in Business Modeler by navigating to Security > Create/Modify User, and then selecting AFDM in the User Modules section. Set the RUNMODE parameter to 1 (in init_params_0), and then run the analytical engine.