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Document Management System (DMS)
Document management systems (DMS) assist with the management, creation, workflow, and storage of documents within different departments. A DMS stores documents in a database and associates importan...
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Documents related to » about forecast accuracy


The Truth about Data Mining
It is now imperative that businesses be prudent. With rising volumes of data, traditional analytical techniques may not be able to discover valuable data

about forecast accuracy  Truth about Data Mining A business intelligence (BI) implementation can be considered two-tiered. The first tier comprises standard reporting, ad hoc reporting, multidimensional analysis, dashboards, scorecards, and alerts. The second tier is more commonly found in organizations that have successfully built a mature first tier. Advanced data analysis through predictive modeling and forecasting defines this tier—in other words, data mining. Data mining has a significantly broad reach and application. 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  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...
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  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...
APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 2
Part 1 of this blog post series talked about my attendance at the APICS 2009 International Conference in Toronto (Canada) in early October. I attended only a

about forecast accuracy  This made me think about the reasons for the concept’s (and accompanying software solutions’) renaissance in light of its existence of a few decades. The Traditional S&OP Shortcomings Until recently S&OP has had a purely tactical and reactive near-term focus, and was therefore disconnected from overall  business strategy , which can result in many missed opportunities. Moreover, many laggard companies still have an unstructured and fragmented S&OP process, whereby each department tends to have a 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  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...
Workday 21—All about a New User Experience
Workday releases version 21 of its HR solution with a focus on a new user experience, and much more. Get the details in Raluca''s blog post.

about forecast accuracy  21—All about a New User Experience Workday has recently announced a new user experience as part of the 21st release of its solution. The new architectural and visual redesign complement other trendy technologies that the vendor has embraced—i.e., cloud and in-memory database. During the past 5 months, Workday—inspired by the consumer Internet—has worked on applying a minimalistic style to its user experience. In an analyst briefing with me, Joe Korngiebel, vice president of user experience Read More...
What you Should Know about Licensed versus License-free Microwave
As with any hot market, point-to-point wireless is bait for the pathologicallyopportunistic. In this atmosphere—often termed

about forecast accuracy  you Should Know about Licensed versus License-free Microwave As with any hot market, point-to-point wireless is bait for the pathologically opportunistic. In this atmosphere—often termed anarchy —trust can t be a matter of faith. To get in on the wireless opportunity without getting shafted, you need to know a few basic and incontrovertible facts concerning the difference between licensed and license-free wireless. In fact, a successful outcome depends on choosing the right one. Read More...
Commerce One: First SAP, then Microsoft. But What About Clarus?
Commerce One announced an expanded partnership with Microsoft. Will e-procurement be an integral part of your next operating system?

about forecast accuracy  then Microsoft. But What About Clarus? Commerce One: First SAP, then Microsoft. But What About Clarus? D. Geller - October 5, 2000 Event Summary Commerce One, which recently became SAP''s partner in e-commerce (see SAP Gives Up, Declares Victory Again ) has entered into a closer partnership with Microsoft. Commerce One''s products are already NT-based, but the new partnership will allow Commerce One to develop infrastructure technologies optimized for the Microsoft .NET Platform. The two companies will Read More...
Everything You Need to Know About Digital Marketing
Digital marketing involves using your Web site and associated marketing tools to promote your business online. You can learn some basic skills in both search

about forecast accuracy  You Need to Know About Digital Marketing Digital marketing involves using your Web site and associated marketing tools to promote your business online. You can learn some basic skills in both search engine optimization (SEO) and search engine marketing. But for optimal results, you’re advised to consult a professional, who can provide you with insight into what SEO services should entail, allowing you to make an informed decision when selecting a supplier. Read More...
From Text to Business Insight: All about Enterprise Text Analytics
Text analytics automates the extraction of business value from Web sites and social media content, from e-mail and survey responses, to regulatory filings and

about forecast accuracy  to Business Insight: All about Enterprise Text Analytics Text analytics automates the extraction of business value from Web sites and social media content, from e-mail and survey responses, to regulatory filings and corporate documents. These sources and others capture information from and about customers, prospects, products, companies, and competitors in human readable form. Download this white paper for a handy guide to understanding—and profiting from—enterprise text analytics. Read More...
Five Things to Understand About Your Nexus Footprint
The complexities and fluidities of sales tax nexus can be overwhelming and require the constant attention of a tax expert to navigate, but most small to medium

about forecast accuracy  Things to Understand About Your Nexus Footprint The Sabrix Nexus Determination Services Include: Review of your sales tax nexus report with Sabrix tax experts to provide your organization with an understanding of the report findings. Source : Sabrix Resources Related to Five Things to Understand About Your Nexus Footprint : Sales tax (Wikipedia) Five Things to Understand About Your Nexus Footprint Sales Tax Nexus is also known as : Charge Sales Tax , General Sales Tax , Income Tax Rate , Nexus Sales Read More...
Fixed Assets: Why They’re about More than Depreciation


about forecast accuracy  Assets: Why They’re about More than Depreciation Read More...
Dispelling 7 Common Misconceptions about Online Backups
Are you still using tape, compact disc, or zip drives to do manual data backups? If you still don’t believe an automated online backup is the best way to

about forecast accuracy  7 Common Misconceptions about Online Backups Are you still using tape, compact disc, or zip drives to do manual data backups? If you still don’t believe an automated online backup is the best way to protect your data, you should take a closer look. Learn what the seven misconceptions about online backups are, and why you shouldn’t worry about transferring your critical business data over the Internet—remote data backup isn’t as hard as it seems. Read More...
Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS
Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in

about forecast accuracy   Read More...
Six Game Changers about SaaS
For many manufacturers, implementing on-premise enterprise resource planning (ERP) systems involves delays, unexpected costs, and unsatisfying results. But over

about forecast accuracy  Game Changers about SaaS Plex Online utilizes the software as a service (SaaS) model to deliver full-blown manufacturing ERP software functions in an on-demand model. Plex online is a web-based ERP solution, requiring only a web browser to access all of the analysis and management functions of a full-featured manufacturing ERP system, designed to meet the requirements of all departments within a quality-driven manufacturer, shop floor to top floor. No hardware or software installations are required. Read More...

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