INFORMATION INDEPTH NEWSLETTER
Lean Supply Chain Edition
Oracle Corp
May 2011 Stay Connected: Oracle Mix Twitter FacebookYoutube
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Raise the Bar for Advanced Supply Chain Planning with Oracle Crystal Ball

The latest release of Oracle Crystal Ball significantly enhances its predictive modeling capabilities to help supply chain managers more accurately forecast demand and manage costs and margins.

Oracle Crystal Ball is an industry-leading spreadsheet-based application suite that helps users make better tactical and competitive decisions especially with uncertain market conditions. In addition to predictive modeling, Oracle Crystal Ball also offers sophisticated tools for enhanced risk and decision modelling.

Oracle revamped the predictive forecasting capabilities of the application with the addition of autoregressive integrated moving average (ARIMA), an advanced modeling technique for time-series analysis.

“ARIMA is particularly effective for examining historical supply chain behavior to forecast demand and supply needs based on seasonal or business-cycle variations,” says Fred Ciochetto, solution specialist for Oracle Crystal Ball.

“ARIMA provides more-accurate time-series forecasts when analyzing complex trends compared to classic models, such as moving average and exponential smoothing,” he adds.

The latest release of Oracle Crystal Ball also includes a software wizard that suggests the best modeling methods and offers other interactive help to shield business users from the complexities of running sophisticated analyses.

Oracle Hyperion Integration
In addition to the modeling enhancements, the new release of Oracle Crystal Ball also features out-of-the-box integration with the Oracle Hyperion Enterprise Planning Suite, which enables supply chain planners to run simulations and time-series forecasts against Oracle Essbase, Oracle Hyperion Strategic Finance, and Oracle Hyperion Planning.

For example, organizations can develop financial plans with Oracle Hyperion Strategic Finance and then simulate the probability of success with Oracle Crystal Ball. Similarly, they can combine ARIMA modeling with Oracle Hyperion Planning to forecast future business metrics.

Get details about Oracle Crystal Ball.

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