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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,

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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...
Best Practices in Creating a Strategic Finance Function
Many chief financial officers (CFOs) have started to take on new strategic roles. Their goals are to enforce stricter controls to ensure legal and regulatory

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 Managing the company''s compliance process to make certain it meets governmental regulations Yet it is difficult for the finance function to manage the earnings flow and shareholder expectations for those earnings, given increasing global 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...
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...
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...
Assessing the Role of IT and Enterprise Software in BPO
IT plays a critical role in any business process outsourcing (BPO) effort—it’s the backbone that supports the transactional operations of outsourced business

assessing forecast accuracy  the Role of IT and Enterprise Software in BPO IT plays a critical role in any business process outsourcing (BPO) effort—it’s the backbone that supports the transactional operations of outsourced business processes, as well as analysis, tracking, and quality control efforts. Given the importance of IT, organizations pursuing BPO must ensure that they take the time to adequately assess their skills and IT options—before committing to a service provider. Read More...
Virtual Interview Software: Under the Hood with InterviewIQ
A phone interview is one of the most effective ways of assessing an applicant’s communication skills early in the hiring process. It’s often better than the in

assessing forecast accuracy  most effective ways of assessing an applicant’s communication skills early in the hiring process. It’s often better than the in-person interview because the candidate tends to be more at ease than with a face-to-face interview. However, phone interviews can be time-consuming and costly for the hiring company. US-based virtual interviewing software company HireIQ uses a different approach with its InterviewIQ  solution [see TEC’s competitor rating analysis of HireIQ ], by allowing the candidate to Read More...
KANA Software and Ciboodle Join Forces for Customer Experience Perfection
The multi-channel customer experience management software market represents an attractive US$5 billion-plus market opportunity, which IDC recently forecast to

assessing forecast accuracy  Software and Ciboodle Join Forces for Customer Experience Perfection The multi-channel customer experience management software market represents an attractive US$5 billion-plus market opportunity, which IDC recently forecast to grow at between 5 to 12 percent through 2015 (a 6 percent compound annual growth rate [CAGR]) within the larger overall customer relationship management (CRM) space. To that end, in July 2012, KANA Software , a longstanding customer service software provider, which has lately Read More...
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...
Sodebo Selects DynaSys Demand Planning Solution
About a year ago, QAD made the wise and relatively inexpensive acquisition of DynaSys in France for sales and operations planning (S@OP), procurement planning

assessing forecast accuracy  Selects DynaSys Demand Planning Solution About a year ago, QAD made the wise and relatively inexpensive acquisition of DynaSy s in France for sales and operations planning (S&OP), procurement planning, production planning, distribution planning, demand planning, strategic network planning, and inventory optimization capabilities. Strasbourg is now a supply chain management (SCM) competence center for QAD, as DynaSys has 27 years of experience and several million (USD) in revenues. About 20 percent Read More...
Midwest Spring Manufacturing Company
Learn how Mid-West Spring Mfg. Co., a spring manufacturing and stamping wire forming company, improved inventory accuracy by nearly 100 percent, streamlined

assessing forecast accuracy  visibility,Mid-West,Epicor,vantage,case,management Read More...
Are Retailers Rational Players Stuck in an Irrational Game? Changing the High-stakes Game of Retail Technology
Continuous change in the retail industry is limiting retailers’ ability to plan, forecast, price, and replenish. Thus, many retailers are facing a dilemma: they

assessing forecast accuracy   Read More...
SYSPRO Tackles Predictive Analytics
SYSPRO has announced that it has partnered with Corelytics, Inc., the developer of a cloud-based, predictive analytics solution for financial management

assessing forecast accuracy  Tackles Predictive Analytics SYSPRO has announced that it has partnered with Corelytics, Inc. , the developer of a cloud-based, predictive analytics solution for financial management. Corelytics anonymously aggregates industry-specific data, creating valuable benchmarks, and delivers dashboard-based visualizations of business performance so that financial performance data can be compared with industry standards.   The solution connects into the SYSPRO accounting system and uses live balance sheet Read More...

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