4625: Demand v2018.1
Featured course for the
Demand Product
Course Type
- Instructor Led
Duration
- 5 Days
Target Audience
- EndUser
- SuperUser
Course Description
This curriculum will walk you through the key features of Demand, how to work in the Demand Workbench, various forecasting techniques, the importance of market intelligence in forecasting, and how to manage a product throughout its lifecycle. The curriculum is also designed with hands-on exercises to enable you to practice key concepts taught in the lessons.
Course Notes
- 23 Lessons
- Exam
Lesson Details
4621-01: Overview of Demand
Lesson Objectives
- Explain what demand forecasting is and its benefits
- Identify the components of a Demand Forecasting Unit (DFU)
- Define the steps that JDA Demand uses to produce a forecast
- Explain the roles and responsibilities of a demand
Lesson Exercises
Not Applicable
1 Hour ILT
4621-02: Intro to Demand System Architecture & Database Tables
Lesson Objectives
- Identify the key input tables
- Explain the key Demand processes
- Identify the key output tables
- Describe how a DFU Hierarchy supports forecasting
Lesson Exercises
Not Applicable
1 Hour 30 Minutes ILT
4621-03: Demand Navigation
Lesson Objectives
- Navigate from the JDA Demand Home page
- Viewing and modifying data in FE pages
- Using Searches
- Working with Favorites
- Accessing Online Help
Lesson Exercises
- Log on to Demand and Open a Flexible Editor Page
- Use Different Types of Searches to Display Data in a Flexible Editor Page
- Filtering the Data Displayed on a Flexible Editor Page
- Conditional Formatting
- Edit Multiple Records in DMDUNIT FE Page
- Working with Favorites
4621-04: Demand Workbench
Lesson Objectives
- Describe the features and functionality of the Demand Workbench
- Navigate in the Demand Workbench to view and manipulate data and model parameters
- Compare the Multi-Model and Single Model Views to determine the best algorithm for your product
- View Measures in the Demand Workbench
Lesson Exercises
- Create a New Hierarchy for Demand Workbench
- Utilize the Demand Workbench
- Display Measures in the Demand Workbench
4621-05: History Cleansing
Lesson Objectives
- Describe the methods to cleanse history
- Perform the steps to run the Cleanse History process
Lesson Exercises
Cleanse history data prior to forecasting
1 Hour ILT
4621-06: Forecasting Techniques
Lesson Objectives
- Describe each algorithm used by JDA Demand
- Define the type of products that are most suitable for each algorithm
- Understand which products in your business would work best with each algorithm
Lesson Exercises
Not Applicable
1 Hour ILT
4621-07: Fourier Algorithm
Lesson Objectives
- Use time series concepts to determine a valid Fourier model
- Explain how the system fits the model
- Describe the key model statistics for Fourier
- Describe how to fine tune the Fourier algorithm
Lesson Exercises
- Fitting One and Two Term Fourier Models
- Fitting a Seasonal Model
- Creating a More Seasonal Model
- Adjusting the Outlier Factor
- Increasing the Significant Amplitude Factor
4621-08: Multiple Linear Regression Algorithm
Lesson Objectives
- Use time series concepts to determine a valid model
- Describe the key model statistics for MLR
- Describe the parameters used to fine tune MLR
Lesson Exercises
Reviewing and Changing Parameters for an MLR Model
1 Hour 30 Minutes ILT
4621-09: Moving Average Algorithm
Lesson Objectives
- Explain how the system fits the model
- Describe the key model parameters for the algorithm
- Complete the steps to fine tune the algorithm
Lesson Exercises
Working with Moving Average Algorithm
45 Minutes ILT
4621-10: AVS-Graves Algorithm
Lesson Objectives
- Explain how the system fits the model
- Describe the key model parameters for the algorithm
- Understand how and when to fine tune the algorithm parameters
- Understand the error measurement calculations
Lesson Exercises
Working with AVS Graves
1 Hours ILT
4621-11: Croston Algorithm
Lesson Objectives
- Use exponential smoothing concepts to determine a valid Croston model
- Differentiate between the forecast adjustment tools
Lesson Exercises
- Using Demand Size Smoothing Parameter for Croston Algorithm
- Demand Interval Smoothing Parameter
4621-12: Lewandowski Algorithm
Lesson Objectives
- Describe the key algorithm parameters
- Understand how and when to fine tune the algorithm parameters
- Recognize statistical error measurements
Lesson Exercises
- Changing the Dynamic Mean Impact
- Adjusting the Trend Method
- Utilizing the Seasonality Features of the Lewandowski Model
- Adjusting the Sensitivity of the Dynamic Mean and Seasonality
4625-13: Holt-Winters Algorithm
Lesson Objectives
- Use exponential smoothing concepts to determine a valid Holt-Winters model
- Explain how the system fits the Holt-Winters model
- Describe the key model statistics for Holt-Winters
- Recognize and recall how to fine tune the Holt-Winters algorithm
Lesson Exercises
- Reviewing and Changing Parameters for a Holt-Winters Model (Holt's SES)
- Exploring Holt's Linear Trend model
- Holt Winters Smoothig- Multiplicative
- Exploring Holt-Winters' Linear Model with Damp Factor Impact
- Exploring the Holt-Winters' Parameters Optimization and Smoothed MSE
4621-14: Profile-Based Forecasting
Lesson Objectives
- Define Profile Based Forecasting
- Explain how the Extract Profile creates profiles
- Explain how the Calculate Model generates forecasts
Lesson Exercises
- Setting up DFUs for Modeling PBF
- Defining the Hierarchy Levels for DmdUnit, DmdGroup, and Loc
- Running the Extract Profile process
- Calculating the Forecast
4621-15: Short Lifecycle Algorithm
Lesson Objectives
- Define Short Lifecycle Algorithm
- Describe the Bass Diffusion Model of Short Lifecycle Algorithm
- Explain how the Short Lifecycle process works
Lesson Exercises
- Reviewing the Short Lifecycle DFUs
- Build Short Lifecycle Curves
- Assigning Short Lifecycle Curves
- Calculating and Reviewing Forecasts
4625-16: Attach Rate Forecasting
Lesson Objectives
- Describe how the Attach Rate Forecasting process works
- Define the various terminologies used in Attach Rate Forecasting
- List the methods and steps to define Attach Rate Forecasting
Lesson Exercises
- Use Static Attach Rate Method
- Use Static Relations Attach Rate Method
4621-17: Seasonality Manager
Lesson Objectives
- Apply seasonality changes that affect the forecast
- Create a seasonality profile
- Attach a seasonal profile with a DFU
Lesson Exercises
- Modeling Intermittent Seasonality with AVS Graves
- Attaching the Profiles
- Create a Seasonality Profile from another DFLU
4621-18: Moving Events
Lesson Objectives
- Describe a Moving Event and state the importance of configuring it
- Explain how to work with Moving Events
- Apply a Moving Event to a DFU
Lesson Exercises
Applying a Moving Event to a DFU
45 Minutes ILT
4621-19: Managing Exceptions
Lesson Objectives
- Apply modeling or management approaches to address exceptions
- Explain the system generated exceptions to identify potential model problems
- Interpret exception graphs
Lesson Exercises
Review and Analyze Exception Graphs
2 Hours ILT
4621-20: Market Intelligence
Lesson Objectives
- Understand the importance of market intelligence in forecasting
- Cleanse History using Overrides, Data-driven Events (DDEs), Masks, and Mean Value Adjustments
- Explain what is included in good history
- Applying market intelligence to your forecast
- Copying and linking Data-driven Events
- Working with Target, Mean Value Modifications, and Locks to support your forecast
- Describe Related Applications Providing Market Intelligence Data
Lesson Exercises
- Working with History Overrides
- Adding an Override with the Override
- Adding a Data-driven Event to History
- Adding and Linking a Data-Driven Event to the Future
- Apply a Mask
- Optimize the Mean Value in History with Lewandowski Algorithm
- Modify the Mean Value in History with the Lewandowski Algorithm
- Adjusting the Mean Value for the Forecast for AVS-Graves
- Adding in a Locked Forecast Range
4621-21: Product Lifecycle Management
Lesson Objectives
- Forecast new products using features such as Copy History, New Product Introduction, Lifecycles, and Launch Profiles
- Discontinue and Phase Out Items within the JDA Demand application
Lesson Exercises
- New DFU Introduction (Replacing an Existing DFU)
- Creating an Allocation Profile in Launch Manager
- Creating a new Lifecycle
4621-22: Evaluating Forecast Performance
Lesson Objectives
- Discuss the purpose, benefits, and the impact of measuring forecast accuracy. Examine factors that impact forecast performance
- Explain the process of closing the forecasting period
- Discuss Storing Forecast Performance Data
- Understand Flexible Editor based Forecast Performance Analysis
Lesson Exercises
Review Forecast Performance
1 Hour 30 Minutes ILT
4621-17: Day In A Life
Lesson Objectives
- Recognize Demand Planner Roles and Responsibilities
- Schedule activities
- Identify how to use JDA Demand
Lesson Exercises
- Creating Workflows
- Setting your Home Page
- Compound Workspaces
*E 4621-E: Exam