Canada's Leader in Professional Development

855-581-7246 Call us: 1-855-581-7246

IBM DemandTec Promotion Optimization

Currently no upcoming Class Dates

Description

In this course you will learn how to predict a Promotion and understand the science behind the forecast. Review the various reports available both at the promoted product level and the category level. Enter your own forecast in lieu of predicting a promotion; understand when and why to use the UEF, review and change the forecast by various levels of aggregation (item, location, date).

Objectives

  • Predict promotions
  • Review reports and predicted results at the promotion and category level
  • Duplicate and compare promotions
  • Calculate packages
  • Enter a User Entered Forecast
  • Explain modeling and what drives forecasts
  • Run and review a Promotion History Report, a Post Promotion Report and understand the PRA

Audience

This basic course is for Merchandising Executives, Category Managers, Buyers, Advertising Planners, and Merchandise Operations Associates.

Prerequisites

IBM DemandTec Promotion Optimization: Creating Promotions is the prerequisite course to IBM DemandTec Promotion Optimization: Predicting Promotions and Reviewing Results.

You should:

  • Have some experience using web browsers, the internet and Microsoft Windows operating systems
  • Be able to navigate a GUI environment
  • Have experience working with spreadsheets and reports.

As you work through the concepts and tasks, it is assumed that you are familiar with Microsoft Excel; although this will not be a blocking issue to learning.

Duration

1 days

Topics

  • Predicting a Promotion
  • Understanding the science behind the forecast
  • Reviewing the various reports for promoted products and total category level
  • Duplicating the promotion and comparing the forecasts
  • User Entered Forecast (UEF)
  • Forecast accuracy reports (PPR, PRA, Promotion History)

Click here to reach us by Email Contact Us
About | Terms of Use | Privacy Visit our Facebook page   Visit ot Linkedin page   View our Tweets