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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 about forecast accuracy scm

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Supply Chain Management (SCM) Software Evaluation Report

Criteria in this Software Evaluation Report pertain to managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse management, international trade logistics, transportation execution, and many other issues for a complete solution, this Software Evaluation Report will support your evaluation of an SCM suite. 

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Documents related to » about forecast accuracy scm

How to Improve the Accuracy of Your Forecasts


Increased competition, lower margins, and more customer demands mean that distributors have to provide better product availability and more services with fewer profit dollars. To accomplish this, estimates of future use of stocked items must be as accurate as possible. Discover how analyzing weighted averages, trend factors, and other formulas can help you accurately anticipate—and manage—future demand for your products.

about forecast accuracy scm  a weighted average of about 134 pieces. A forecast of 134 pieces appears to be better than the previous estimate of 117 pieces, but it will probably still fall short of July''s actual usage. But remember that past usage is just one element of a comprehensive forecast. Trends No average of past usage can result in a forecast that is greater (or less) than the largest (or smallest) usage quantity included in the calculation. If usage is either consistently increasing or decreasing over time, a trend Read More

SAP SCM-Stepping Out of Obscurity


Major new SAP products are being released in the realms of supply chain management (SCM), manufacturing execution systems (MES), and product lifecycle management (PLM). TEC principal analyst P.J. Jakovljevic examines the solutions that SAP is offering for supply chain executives to expand beyond the traditional boundaries of SCM, PLM, and enterprise resource planning (ERP).

about forecast accuracy scm  The approach is all about optimizing processes and compressing time to improve productivity. The Visual Enterprise provides visual navigation and query of product information and graphical animation of procedures (see Figure 1), the idea being to reduce information and process complexity, increase comprehension, enable a faster learning curve, and ensure accurate quality operations execution with reduced ambiguity. SAP is not the only game in town here, as Siemens is soon to release its Active Workspace Read More

The Art, Science & Software Behind (Optimal) Retail Pricing - Part 5


Part 1 of this series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series, which focuses on the complexity of pricing and promotions in retailing, was inspired by JDA Software’s recent “edu-nouncement” on leading retailers consumer-centric pricing and promotions strategies, and by Revionics’ recent (and still

about forecast accuracy scm  lines, Revionics’ customers talk about sales increases of up to 5 to 10 percent,  net profit margin  increases of 1 to 3 percent (100-300  basis points ), and productivity increases of 20 to 30 percent. Revionics points out that a 1 percent improvement in forecast accuracy frees $14 million of excess inventory for a $1 billion retailer, while the optimal service level equals minimum total cost, generally speaking. Last but not least, DemandTec’s assortment optimization example features a $10 Read More

A Tale of a Few Good SCM Players - Part 3


Part 1 of this blog post series followed the progress of Manhattan Associates from its inception in 1990 throughout the mid-2000s. During this time, Manhattan was the epitome of a well-managed supply chain management (SCM) software company in terms of market share, growth, profitability, and its products’ capabilities. Indeed, the company set the industry standard for the

about forecast accuracy scm  and was not forthcoming about its strategy with regards to tying together its diverse portfolio of solutions. Neither did the company have a plausible strategy for developing a scalable platform that would attract the largest global retailers. For more details, see TEC ’s six-part series from 2004, “JDA Portfolio: For the Retail Industry.” Well, what difference a few years and one good major acquisition can make. It strikes me that former Manugistics and JDA would be another combination of two Read More

Identifying the ROI of a Software Application for SCM Part 1: We Need To Know Now


If you are not experiencing organizational stress in some of the areas where the benefits may occur, then perhaps a decision to invest in supply chain management software should be postponed. If you do have some pain in one or more of these areas, then you can follow the concepts in this article to understand the potential of supply chain management software to fix the cause of the pain and improve your bottom line. This part discusses the challenge of limited time to perform analysis.

about forecast accuracy scm  Fast, reasonably accurate information about the impact of a software investment decision grows more critical. Many decision-makers look for an exact forecast of return on investment (ROI) from the purchase of a supply chain management application. At least four very real challenges make such perfect information elusive. Commonly, executives meet these challenges with responses that are not carefully considered. The challenges and the corresponding reactionary refrains are as follows: Limited time exists Read More

Saba Software: All about People (Cloud) - Part 1


The 2011 Enterprise 2.0 conference’s expo floor in Boston in late June featured many of the “usual suspects,” such as Microsoft, IBM, Oracle, Adobe, SuccessFactors, Jive Software, SocialText, OpenText, Yammer, and Cisco Systems, to name only a few well-established providers (in addition to the plethora of innovative startup companies that one could encounter there). There were also some notable

about forecast accuracy scm  Software: All about People (Cloud) - Part 1 The 2011 Enterprise 2.0 conference’s expo floor in Boston in late June featured many of the “usual suspects,” such as Microsoft, IBM, Oracle, Adobe, SuccessFactors, Jive Software, SocialText , OpenText , Yammer , and Cisco Systems , to name only a few well-established providers (in addition to the plethora of innovative startup companies that one could encounter there). There were also some notable absentees, such as SAP ( StreamWork ), salesforce.com Read More

2012 TEC Buyer’s Guide to Explore Surging Interest in SCM


Supply chain management (SCM) software is a key part of a successful global business. With it, companies can monitor transactions between suppliers, manufacturers, shippers, retailers, and a host of other partners. They can anticipate problems, eliminate bottlenecks, and avoid expensive delays. Without SCM, companies lose visibility, and control, of anything outside their four walls, and risk

about forecast accuracy scm  They’ll also tell you about the software solutions on offer from best-of-breed SCM vendors and enterprise resource planning (ERP) vendors who’ve integrated SCM modules into their software. Like all TEC buyer’s guides, this one will feature thought leadership from vendors and industry experts, as well as customer success stories that illustrate how SCM solutions have helped companies resolve their supply chain issues and become more competitive. Also included in the SCM Buyer’s Guide is a special Read More

Why You Need to Know about AANPM


In this data-driven era, the pressure is on for IT departments: data needs to travel faster and nonstop to its destination, applications need to operate continuously, and networks need to communicate effectively between all business points in a timely manner. Application-aware network performance management (AANPM) solutions enable performance monitoring to be conducted in a holistic way with consideration for all elements both directly and not directly related to the network.

about forecast accuracy scm  You Need to Know about AANPM In this data-driven era, the pressure is on for IT departments: data needs to travel faster and nonstop to its destination, applications need to operate continuously, and networks need to communicate effectively between all business points in a timely manner. Application-aware network performance management (AANPM) solutions enable performance monitoring to be conducted in a holistic way with consideration for all elements both directly and not directly related to the Read More

Intentia's Movex for Food and Beverage: Gaining a Foothold in North America Part Two: SCM and Other Functions


The SCM features of Movex should assist you in streamlining your operations to make them more efficient and cost-effective. Movex has meanwhile expanded its hardware base and has long added customer relationship management (CRM) modules.

about forecast accuracy scm  observations and user recommendations. About the Authors Predrag Jakovljevic is a research director with Technology Evaluation Centers, Inc. (TEC), with a focus on the enterprise applications market. He has over fifteen years of manufacturing industry experience, including several years as a power user of IT and ERP, as well as being a consultant/implementer and market analyst. He holds a bachelor''s degree in mechanical engineering from the University of Belgrade, Yugoslavia, and he has also been Read More

So, Tell Me a Little Bit About Yourself


If you know nothing about a company, you should be able to figure out the bare essentials by visiting its About Us page, right? Turns out this is only true sometimes. When visiting the Digg website, for example. The first line on Digg’s About page is this: "Digg is a place for people to discover and share content from anywhere on the web." Neat, huh? One click and sixteen words after

about forecast accuracy scm  Me a Little Bit About Yourself If you know nothing about a company, you should be able to figure out the bare essentials by visiting its About Us page, right? Turns out this is only true sometimes. When visiting the Digg website, for example. The first line on Digg’s About page is this: Digg is a place for people to discover and share content from anywhere on the web. Neat, huh? One click and sixteen words after visiting the site, you know, in a nutshell, what they do. Read another fifty or so words Read More

Vertical Solutions Inc.-All About Field Service: Part Two


In a blog post last week, I talked about Vertical Solutions’ (VSI) offerings for field service management (FSM), including the company’s customer profile, partners for extending the solution, and VSI’s big data capabilities. To expand on the company’s value prop and positioning, we recently had an in-depth candid discussion with VSI’s executive vice president (EVP) Kris Brannock. Ms. Brannock

about forecast accuracy scm  Solutions Inc.-All About Field Service: Part Two In a blog post last week , I talked about Vertical Solutions’ (VSI) offerings for field service management (FSM), including the company’s customer profile, partners for extending the solution, and VSI’s big data capabilities. To expand on the company’s value prop and positioning, we recently had an in-depth candid discussion with VSI’s executive vice president (EVP) Kris Brannock. Ms. Brannock focuses on the strategy and direction of Read More

About SalesFirst


SalesFirst is the sales force and marketing automation component of the CustomerFirst Enterprise Suite. SalesFirst provides functionality that manages the marketing and sales process within your organization. It also allows you to track information about your prospects and gives a complete 360-degree view of each potential and existing client.

about forecast accuracy scm  you to track information about your prospects and gives a complete 360-degree view of each potential and existing client. Read More

About CustomerFirst


CustomerFirst contains the service support, help desk, problem resolution, and call center functionalities of the CustomerFirst Enterprise Software Suite. It manages the flow of work through the organization from the time a request or issue is reported, until it is completed or resolved. CustomerFirst also allows you to track the history of every touch point that you have with your customer.

about forecast accuracy scm  CustomerFirst CustomerFirst contains the service support, help desk, problem resolution, and call center functionalities of the CustomerFirst Enterprise Software Suite. It manages the flow of work through the organization from the time a request or issue is reported, until it is completed or resolved. CustomerFirst also allows you to track the history of every touch point that you have with your customer. Read More

What You Need to Know about Payment Card Industry Standards


We don't like to be reminded that there are people who thrive on the theft or malicious destruction of sensitive information, especially where financial transactions are concerned. However, businesses can no longer afford to be complacent. Implementing a practical policy such as the Payment Card Industry (PCI) Data Security Standard can go a long way toward ensuring peace of mind.

about forecast accuracy scm  You Need to Know about Payment Card Industry Standards We don''t like to be reminded that there are people who thrive on the theft or malicious destruction of sensitive information, especially where financial transactions are concerned. However, businesses can no longer afford to be complacent. Implementing a practical policy such as the Payment Card Industry (PCI) Data Security Standard can go a long way toward ensuring peace of mind. Read More