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Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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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

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...
Infor Joins the S&OP Fray
With the release of Infor S&OP 1.0, Infor dispels rumors that it’s not an aggressive product innovator. Learn about the features and functions of Infor S&OP 1.0

about forecast accuracy scm  have a champion passionate about the process that drives adoption and adherence. What happens is that person goes or does not exist? Strong executive leadership will always be needed to underpin a successful process, but some of the pressure can be taken away if the adherence to the agreed-upon process is executed and measured by technology. TEC: Can the S&OP process be carried out without technology? Does this relate to the S&OP maturity model? Infor: Yes. You can run a business without ERP, but at some 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

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...
Identifying the ROI of a Software Application for SCM Part 3: Performing the Data Analysis
By using software tools that help you forecast and work together with others inside your organization, and even with your customers, the forecasts may become

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...
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

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...
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

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...
IBM is Serious About SMB
In the battle for market supremacy, IBM wants to win by reducing Microsoft''s market potential. IBM has selected the infrastructure as its battlefield. Both

about forecast accuracy scm  is Serious About SMB Event Summary At its recent analyst gathering in New York, IBM Corporation (NYSE: IBM), used the occasion to pound its small and medium businesses (SMB) strategy. This time we are poised to win the leadership battle expressed one of their executives. The battle IBM refers to goes back to the early times when Microsoft dethroned IBM in its supremacy over operating systems. IBM has now been involved for more than a decade in enterprise solutions. IBM has been servicing rather large Read More...
E2open Buys icon-scm, Makes Waves in Supply Chain Space
E2open and icon-scm have just combined to create a collaborative planning and execution software stalwart, enabling brand owners and their trading partners to

about forecast accuracy scm   Read More...
Infor SCM Warehouse Management Provia
Infor SCM Warehouse Management is a modern extended-warehouse-management supply chain solution that provides business agility by automating fulfillment and

about forecast accuracy scm   Read More...
It’s About Process (or Ability to be Responsive) -- Part II
Part I of this blog series introduced the notions of workflow automation and business process management (BPM). It also tackled the similarities and subtle

about forecast accuracy scm  About Process (or Ability to be Responsive) -- Part II Part I of this blog series introduced the notions of workflow automation and business process management (BPM) . It also tackled the similarities and subtle differences between the two related software categories. Microsoft , for example, informally demarcates the  Microsoft Windows Workflow Foundation (WF) focus on internal processes from Microsoft BizTalk Server ''s external BPM use. Namely, the first tool (somewhat of a BizTalk spin-off) Read More...
What You Need to Know about E-learning Technology Standards Before Selecting an LMS
If you’re planning to purchase a learning management system (LMS), or upgrade your existing one, you’d better know about SCORM and AICC. Learn why it’s critical

about forecast accuracy scm  You Need to Know about E-learning Technology Standards Before Selecting an LMS If you’re a small to medium business looking to purchase a learning management system (LMS), you may not be fully aware of the standards out there for e-learning. Many of us take for granted the fact that we can simply sign up for an e-learning course, whether it’s an online course, or a course offered through our own company’s LMS: We log in, start our training, breeze our way through the content and questions, and 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

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...
The Truth About Supply Chain Visibility
That''s just one of the key realities you''ll learn about in the white paper achieving supply chain visibility: there is more than meets the eye.

about forecast accuracy scm  Truth About Supply Chain Visibility If you had supply chain visibility, but couldn''t respond to the issues and problems that it brought to light, what good would that be? The truth about supply chain visibility is that it isn''t a goal in itself —its real value is as a stepping stone to effective response management. And it''s response management that allows you to turn visibility into quick, effective action—so that you can run a more nimble, efficient, and profitable organization. That''s just one of Read More...

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