Organizations don’t have the luxury of a crystal ball to tell them what the future will look like. When a significant disruption affects your supply chain plan, the question most executives will ask is, did we see this coming?
Any company considering this Oracle solution should think of the cloud SaaS approach as the obvious choice. It just makes sense. You don’t generate your own electricity; why would you host your enterprise applications in-house?
A simple forecast is the starting point for demand planning. Most demand planning software includes a forecasting application that generates a statistical forecast based on past demand data. But that assumes what happened in the past will continue into the future – and that is seldom the case.