Since precise forecasting helps you develop and improve your strategic plans and increase your knowledge of the marketplace. Further, the more accurate the forecast, the lesser safety stock is required. The better the forecast, the lower will be inventory levels and at the same time higher service levels. Higher service levels will lead to highly satisfied customer and long-term retention. Oracle Demantra and its patented Bayesian analytical forecast engine generate the most accurate forecasts possible. Forecast Tuning is a way of setting optimal parameters and configuring models in such a way as to provide ‘good’ forecasts, qualitatively and quantitatively.