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Oracle Retail Demand Forecasting is designed to handle the challenges of real-world forecasting in retail, including scaling to manage the large volumes of data involved. The system handles forecasting at a low level of detail (such as at the item-, by store-, by day-level), forecasting for new products, and forecasting for products with sparse sales, all at the lowest level with very little human intervention.
Perhaps most importantly, Oracle Retail Demand Forecasting provides a single forecast to drive the entire retail enterprise. This integration brings together forecasts produced for replenishment, merchandise planning, financial planning, promotions, and pricing.
Oracle Retail Demand Forecasting is part of Oracle Retail's Supply Chain and Execution solution group.
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