4625: Demand v2018.1

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
2 Hours 30 Minutes ILT
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
2 Hours 30 Minutes ILT
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
2 Hours 30 Minutes ILT
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
45 Minutes ILT
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
1 Hour 30 Minutes ILT
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
1 Hour 30 Minutes ILT
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
1 Hour 30 Minutes ILT
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
1 Hour 30 Minutes ILT
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
1 Hour 30 Minutes ILT
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
1 Hour ILT
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
3 Hours 30 Minutes ILT
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
2 Hours ILT
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
45 Minutes ILT
*E 4621-E: Exam

Lesson Objectives

2 Hours ILT