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Help Desk for the Health Care Industry
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Documents related to » assessing forecast accuracy


Case Study: Peerless Pump
Peerless Pump has been designing, engineering, and manufacturing pumps for more than 80 years. The company was basing component stock levels on historical data,

assessing forecast accuracy  Analysts Forecast Accuracy , Assessing Forecast Accuracy , Modeling Forecast Accuracy , Uncertain Forecast Accuracy , Forecast Accuracy Results , about Forecast Accuracy , Revenue Forecast Accuracy , Planning Forecast Accuracy , Track Forecast Accuracy , Record Forecast Accuracy , Forecast Accuracy Data , Early Forecasting Accuracy , Search Forecast Accuracy , Forecasting Accuracy Assessment , Forecast Accuracy Statistics , Forecasting Accuracy Assortments , Documents Forecast Accuracy , Statistical Read More...
APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 3
Part 1 of this blog series talked about my attendance of the APICS 2009 International Conference in Toronto, Canada in early October. I attended only a few

assessing forecast accuracy  the management challenge is assessing the current state of the supply chain, setting goals and objectives, or tracking progress of an initiative, a set of meaningful metrics is as essential as a map to a traveler. As the saying goes, you get what you measure, but this is likely half true. While there is no guarantee that a firm will achieve a goal it decides to measure, it''s virtually certain that the firm won''t achieve what it fails to measure. Once a firm selects its objectives and metrics, they Read More...
The State of the Art in Finance
Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have

assessing forecast accuracy  generation against cost efficiency Assessing risk daily Siphoning off risk into the future through sophisticated use of derivatives Managing earnings expectations and the need to create shareholder value Mitigating the deleterious effects of exchange rate fluctuations Yet it is difficult for the finance function to manage the earnings flow and shareholder expectations for those earnings, given increasing global competition and regulatory constraints. To achieve excellence in finance requires a greater Read More...
Overcoming Challenges in Collaborative Manufacturing Relationships
Manufacturers today must respond quickly to ever-changing customer demands@while keeping costs low and efficiency high. How can original equipment manufacturers

assessing forecast accuracy  of their partners'' systems. Assessing how to deine suficient trust with CM partners''and how to maintain that trust over the course of the relationship''is also important. You also have to think about how to signal a change in trust over a particular item, Kenney says. Because if they''re not willing to share information that''s critical for you to respond rapidly in terms of a quote, lead-time, or cost reduction, the relationship is not going to be effective. Solectron: Enhancing Service and Cutting Read More...
Smooth Transition: Preparing for IFRS
International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now

assessing forecast accuracy  the central role in assessing project risks and advising senior management on the expected operational impact of the transition. The inevitable transition testing phases will require additional staff from the core team departments, as well as internal auditors who will inform and review the dual accounting reconciliations. Also required, on a part-time basis: ERP and applications specialists to help with initial field setups, sample data entry comparisons, systems changes, and test reports. A group of Read More...
Sales and Operations Planning Part One: Identifying and Forecasting Demand
An effective sales and operations planning game plan results in fewer stock-outs, shorter delivery lead-times, higher on-time shipping percentages, a manageable

assessing forecast accuracy  and Operations Planning Part One: Identifying and Forecasting Demand Sales and Operations Planning Part One: Identifying and Forecasting Demand Featured Author - Dr. Scott Hamilton - December 11, 2003 Introduction A firm''s sales and operations planning (S&OP) process starts with the definition of all demands for the firm''s goods and services. It formulates game plans that drive supply chain activities to meet those demands. Hence, an effective S&OP game plan requires consideration of both demands and Read More...
RAJA Selects n.SKEP Retail Planning Solution
QAD Inc. continues to gain new customers via its relatively autonomous divisions, such as Precision Software for transportation management, and the recently

assessing forecast accuracy  Selects n.SKEP Retail Planning Solution QAD Inc. continues to gain new customers via its relatively autonomous divisions, such as  Precision Software for transportation management , and the recently acquired DynaSys for supply chain management (SCM) and CEBOS for quality management. QAD expects all of those products to carry their own weight and continue to sell to non-QAD enterprise resource planning (ERP) customers (in addition to  cross-selling to QAD ERP customers ). Most recently, DynaSys, a Read More...
ToolsGroup-Statistics-based Supply Chain Planning
ToolsGroup continues to carve out a space for itself in supply chain. Not satisfied with being the last remaining independent multi-echelon inventory

assessing forecast accuracy  Statistics-based Supply Chain Planning ToolsGroup  continues to carve out a space for itself in supply chain. Not satisfied with being the last remaining independent multi-echelon inventory optimization (MEIO) vendor, ToolsGroup is pushing forward with broader supply chain capabilities centered around a core statistics-focused demand forecasting capability. While many will argue the virtues of “top down” vs. “middle out” vs. “bottom up” forecasting (or a mix of these approaches), Read More...
Take the Direct Road to Success with Seamless DSD
The future, they say, is demand-driven. Not having the data you need to forecast your supply and demand processes means you’re in the slow lane toward a

assessing forecast accuracy  the Direct Road to Success with Seamless DSD Take the Direct Road to Success with Seamless DSD If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. With the SAP for Retail solution portfolio, grocers can efficiently support the role of a central perishables buyer. In addition, the solutions enable management of supply relationships in mass through a direct-store delivery model. Source : SAP Resources Related to Take the Direct Road to Read More...
SAP Tackles Real-time Demand Sensing
SAP has announced the general availability of the SAP Enterprise Demand Sensing application, with new capabilities to improve companies’ demand management and

assessing forecast accuracy  Tackles Real-time Demand Sensing SAP has announced the  general availability of the SAP Enterprise Demand Sensing application , with new capabilities to improve companies’ demand management and business planning processes. The idea is to transform supply chains to become demand-driven or even market-driven, whereby supply chain professionals and their marketing counterparts can work more closely together. Capabilities within the SAP Enterprise Demand Sensing application improve the quality of Read More...
Managing Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part Two: Understanding Planning Calculations
The S&OP game plans drive coordination of supply chain activities based on planning calculations. The primary coordination engine-termed the master scheduling

assessing forecast accuracy  Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part Two: Understanding Planning Calculations Managing Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part Two: Understanding Planning Calculations Featured Author - Dr. Scott Hamilton - March 24, 2004 Understanding Planning Calculations The S&OP game plans can be expressed as master schedules for stocked items and a finishing (or final assembly) schedule for make-to-order manufactured items. These game plans drive coordination of Read More...
Warehouse Management Systems: Pie in the Sky or Floating Bakery?Part Two: The Pareto Principle, Processes, and People: Assessing Your Warehouse Management System Needs
To ensure your warehouse management system is implemented as painlessly as possible, you must assess your warehouse situation before you decide on a warehouse

assessing forecast accuracy  Principle, Processes, and People: Assessing Your Warehouse Management System Needs Introduction After understanding the myths behind the claims of huge staff reductions , quick and easy implementation , and the fast and big return on investment, you need to know what type of features and functionality you should look for in a warehouse management system. The bells and whistles of a system might look enticing, but what you ultimately need to do is determine your own needs. Using the Pareto Read More...
Case Study: Envision Credit Union
In 2006, Envision Credit Union’s new chief financial officer (CFO) was looking to improve the visibility, efficiency, and accuracy of the company’s accounting

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A Modern Tale of Long (Supply Chain) Tails -- Part II
Part I of this blog series introduced the notion of long tails in modern supply chains. That blog post also introduced the vendor ToolsGroup and its solution

assessing forecast accuracy  Modern Tale of Long (Supply Chain) Tails -- Part II Part I of this blog series introduced the notion of long tails in modern supply chains. That blog post also introduced the vendor  ToolsGroup and its solution for planning and optimizing finished goods in distribution environments. So, How Does ToolsGroup Solve the Distribution Puzzle? Most of the benefits are driven here by the distinctive Stock Mix Optimization capability that has delivered higher service levels with much less inventory for Read More...

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