Implementing Aspen Collaborative Forecasting

To provide an introduction to the Aspen Collaborative Forecasting application. Emphasis is placed on learning how to use Aspen Collaborative Forecasting to improve forecast accuracy. The course is an overview of the nature of collaborative forecasting (CF), and the business benefits it provides.

Audience:

  • End user and the installer/ implementer
  • IT staff who need to install and support Collaborative Forecasting applications
  • Demand Analysts, Demand Planners, IT Specialists installing and supporting Aspen DM/CF, Business Planners, Lead Sales Account Managers

Training Details

  • Course Id:

    SM915

  • Duration:

    2 day(s)

  • CEUs Awarded:

    1.4

  • Level:

    Introductory

Benefits

  • Through the knowledge and skills learned in this course, lower supply chain costs and higher customer satisfaction through:
  • Improved forecast accuracy leading to reduced supply chain costs
  • Stronger relationships with key customers
  • More accurate raw material consumption projections leading to Increased purchasing efficiency
  • Better alignment of strategic, regional and operational forecasts

Approach

  • The benefits that can be obtained from implementing Collaborative Forecasting are outlined based on real-life examples
  • After overviews of the tool, end users of Collaborative Forecasting gain experience on a networked example system
  • Implementers learn how to change a Demand Management model in order to publish to the Collaborative Forecasting database

Pre-requisites

  • IT staff installing/supporting Collaborative Forecasting:
  • Should have a general hardware/software knowledge
  • Must have attended the 'Using Aspen MIMI Development Tools' training course
  • Must have attended the 'Using and Configuring Aspen Demand Manager™' training course
  • Demand Analyst/Planner or Business Planner should have  some prior training in  Using and Configuring Aspen Demand Manager' - see example training course

Agenda

Section 1: Overview
  • Use Collaborative Forecasting to address problems associated with the DM process
  • Benefits of collaboration in demand management
  • Review the business process flow in generating a demand plan, and the role of Collaborative Forecasting
  • Present the Aspen Collaborative Forecasting solution
  • Collaborative Demand Management Case study

Section 2: Using the Aspen Collaborative Forecasting Web Based Application
  • Getting started: How to Log on, exploiting features of the Home Page
  • Adjust user specific preferences
  • Report/chart creation in read-only mode
  • Report creation for override entry
  • Manage overrides via lists
  • Create events, applying profiles to future
  • Create a list of events for managing update and creation
  • Offline Collaborative Forecasting; create offline reports and data views

Section 3: Implementation of Aspen Collaborative Forecasting
  • Collaborative Forecasting demand management architecture
  • Architecture components
  • Implementation Overview, including the main stages of implementation: Installation, Configuration, Testing/ Validation, Configuring Security

Section 4: Installation of a Collaborative Forecasting Solution
  • Overview
  • Collaborative Demand Management (CDM) architecture review
  • Oracle database installation and configuration
  • BEA WebLogic installation
  • Aspen Demand Manager™ installation
  • Installing the Aspen Collaborative Forecasting™ web application
  • Aspen Collaborative Forecasting™ Integration Manager installation

Section 5: Aspen Collaborative Forecasting Configuration
  • CDM Model configuration
  • Demand Manager/Collaborative Forecasting integration
  • Client Directory & File Structures
  • Collaborative Forecasting database build
  • Configuring the WebLogic server
  • Setting up security within Aspen Collaborative Forecasting™
    • Manage Roles, Sub Roles and Users
    • Demonstration
  • Review processes involved in running Collaborative Forecasting on an operational basis

Section 6: Security and Operation
  • Setting up security within Aspen Collaborative Forecasting™
  • Manage Roles, Sub Roles and Users
  • Demonstration
  • Review processes involved in running Collaborative Forecasting on an operational basis

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Aspen Technology, Inc. awards Continuing Education Units (CEUs) for training classes conducted by our organization. One CEU is granted for every 10 hours of class participation.