Enterprise applications provider Oracle this week updated its supply chain planning portfolio with the release of Demantra 7.3. The latest version updates Demantra’s Demand Management, Advanced Forecasting and Demand Modeling, Real-Time Sales and Operations Planning, and Predictive Trade Planning applications.
The Demantra product aims to help manufacturers forecast customer demand and align their production plans to meet that demand. Among the enhancements in 7.3 are new tools to guide companies through product introductions, including the ability to create a demand profile for a new product based on the sales history of an existing product in the Demantra system.
Manufacturers of configure-to-order (CTO) products will find new features in the latest offering, the company said in a statement. Demantra 7.3 enhances a user’s ability to manage products with multiple optional or mandatory sub-components and track “interaction between items and components, including automatic calculation of dependent demand,” Oracle said.