What is Oracle Demand Planning?

Oracle Demand Planning is a module within Oracle's Supply Chain Management (SCM) suite that helps businesses forecast future demand for their products. It uses statistical modeling, machine learning, and collaboration tools to analyze historical sales data, market trends, and other relevant factors to create accurate demand forecasts. These forecasts are then used to optimize inventory levels, production schedules, and resource allocation, ultimately helping businesses reduce costs, improve customer service, and increase profitability. It is commonly used to predict future sales and ensure the right products are available at the right time and place.