Collateral:JDA Demand Classification

Brief Overview

JDA Demand Classification provides a systematic scientifically based method for analyzing demand history to help identify the selling behaviors of your products as well as determine and maintain optimal forecasting techniques and parameter settings for them.

Benefits include:

Stablized and improved forecast accuracy, resulting in better inventory management and a reduction in overall supply chain costs

Reduced the amount of time spent managing statistical algorithms and parameters

Enabled business planners to focus on what’s most important the business not statistics

Reduced the need for multiple models within the JDA Demand system by using the best model thus providing a reduction in maintenance time and data storage

Ensured that products are forecasted and managed in the right manner and at the highest level of efficiency and accuracy

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