Sunday, November 16, 2008

How is "Demantra different from ODP" ?

Oracle has left behind ODP and have Demantra as ther future demand planning & forecasting application. Demantra has already found it's place in Oracle's roadmap for Fusion. Demantra had many major differentiators on ODP, that it made Oracle's job of selling Demantra as substitute for ODP, a lot easier. Demantra's beysian mix modeling technique, it's flexible & scalable nature, and support for functions like, S&OP, PTP and TPMO are among few of these differentiators. 

ODP's best fit forecasting method had the capability of selecting the most fit model, for forecast calculation for a data series. It used one of all the available models, which had least residual and was a closest fit to historical demand data. While in Demantra, engine selects multiple good fit models and puts a coefficient to each of their predictions, to calculate the final baseline forecast. So Demantra calculates fit for multiple models to historical demand, and then tries to validate the fit. In the forecasting process, based on residual calculations it also calculates weightages for each of those models and then all of those are combined to form a combined mix estimator model. The Beysian modeling hence uses multiple models, instead of one best fit, which ensures that a better statistical forecast is generated.




Demantra's BPM(Business Process Mapping) capabilities ensures it a berth in Oracle's Fusion and future product roadmap. Demantra's footprint in Trade promotions management & optimization business solutions, along with it's Deduction & Settlement Management modules, makes it a better bundled suite of solutions. 

2 comments:

Unknown said...

Raj, Can u inform me How demantra Handles S&OP? Typical Algorithm/workflow/pusedocode is enough for me.
The answere is critical for me

Raj said...

hi Viswanadh,

I have written in past under the same blog on S&OP, the link for the same is "
http://oracledemantra.blogspot.com/2008/07/demantra-s-sales-operational-planning.html".

I hope this should give you an high level overview of S&OP process in Demantra.

Rgds
Raj

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