X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 calculating forecast accuracy

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

Documents related to » calculating forecast accuracy

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.

calculating forecast accuracy  Predict Customer Demand , Calculating Demand Forecast , Realized Demand Quantity , Demand Forecasting Activity , Demand Forecasting Methods , Demand Forecasting Models , Toolkit Demand Forecasting , Methods to Forecast Demand , Planning Forecasting , Demand Forecasting Data , Demand Forecast Accuracy , Demand Forecasting Data Cleansing , Demand Forecast Prediction , Determine Demand Forecast , Forecasting Needs , Retail Demand Forecasting , Time Series Forecasting , Define Demand Forecasting , Demand 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 more accurate. You can make an assumption on how much improvement might be possible. This part discusses the challenge of performing the data analysis.

calculating forecast accuracy  the ROI of a Software Application for SCM Part 3: Performing the Data Analysis Identifying the ROI of a Software Application for SCM Executive Summary    The competitive environment for every industry grows increasingly intense. 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 Read More

Charting a New Course in Effective Distribution Supply Chain Management


Wholesale distributors that pursue growth while neglecting supply chain effectiveness are putting their long-term survival at risk—usually for no good reason. Supply chains have gained complexity in recent years, but solutions for achieving supply chain management (SCM) effectiveness have become both more accessible and easier to deploy. Learn how these solutions can help your company overcome its SCM challenges.

calculating forecast accuracy  establishes buying levels by calculating the SKU/location end-demand forecast with the intent of improving buy accuracy and cutting significant inventory from the operation. Subsequent planned steps include: driving the demand forecast through allocation planning; reconciling incoming levels against distribution center capacity requirements and inventory histories and, eventually, applying the forecast to both labor and shipping requirements. The initiative is projected to reduce total inventory in the Read More

Supply Chain Cost-cutting Strategies


Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they’re finding that the old strategies for cost containment no longer pack the same punch. Some surveys show that 75 percent of all respondents are redesigning their supply chains to keep these costs in check. Are you one of them? No? You’ve got a lot of catching up to do—and very little time to do it.

calculating forecast accuracy  cost cost cutting | calculating cost cost cutting | capital cost cost cutting | cost accounting cost cutting | cost analysis cost cutting | cost average cost cutting | cost benefits cost cutting | cost calculate cost cutting | cost calculation cost cutting | cost comparison cost cutting | business cost cutting | project cost cutting | cost estimate cost cutting | cost estimated cost cutting | cost estimates cost cutting | cost estimating cost cutting | cost estimation cost cutting | cost expense cost Read More

Less Stock, More Profit: Inventory Optimization


Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI). However, many companies implementing an ERP solution don’t add a dedicated inventory optimization module. Learn how inventory optimization can offer companies huge potential to maximize the value of IT investments—and keep inventory levels at the right balance.

calculating forecast accuracy  order quantities. Calculate forecast Calculating a forecast is the most critical part of inventory optimization. Inaccurate forecasts result in either overstock or understock, both of which can be very damaging to the business. Forecasting is the basis of warehouse stock levels and must be as accurate as possible. ERP software is a proven asset to have for reacting immediately to demand deviances in trends or seasonality. When it comes to forecasting, there are two main policies, both of which are Read More

How to Plan and Manage in Times of Uncertainty and Volatility? Based on Reality and Facts, Duh! (Part 1)




calculating forecast accuracy  to Plan and Manage in Times of Uncertainty and Volatility? Based on Reality and Facts, Duh! (Part 1) My recent attendance at Progress Revolution 2011 , Kinexions 2011 , and several Boston APICS Chapter professional development meetings, where a plethora of companies talked about their operational experiences of late, made me realize that “business as usual” practices no longer work. For one thing, while long-term planning remains an important exercise for senior executives’ strategic and Read More

Managing Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part Four: Guidelines and Case Studies


The lack of effective game plans is typically cited as a leading cause of poor system implementation. The following guidelines provide suggestions for improving the effectiveness of sales and operations planning (S&OP) game plans.

calculating forecast accuracy  provided the basis for calculating estimated costs, a suggested sales price (based on a cost-plus-markup approach) and an estimated delivery date. Each quotation typically required quantity breakpoints (such as 100,500 and 1000 units) for the configuration. The one-time products were built from common raw materials replenished on the basis of min/max quantities. See www.Softbrands.com for additional information about using their Demand Stream product for Kanban coordination. See www.entegrate.com for Read More

Siemens and TCS Offer Joint ETO Solution


Siemens and Tata Consultancy Services (TCS) have announced ETO2Win, a new joint software and services solution for automating complex engineer-to-order (ETO) processes. ETO2Win leverages TCS’ domain expertise and Siemens’ Rulestream software, acquired several years ago and since developed by its product lifecycle management (PLM) business.

calculating forecast accuracy  industry watch, eto, manufacturing, plm, rulestream, cpq, siemens 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 amount of expediting, and improved customer service. Several guidelines are suggested to improve a firm's sales and operations planning process and the effectiveness of each product's game plan. This is an excerpt from the book Managing Your Supply Chain Using Microsoft Navision.

calculating forecast accuracy  orders and forecasts in calculating requirements. Sales orders consume the sales forecast to avoid doubled-up requirements. This is termed forecast consumption logic. Forecast consumption logic reflects an implied forecast period defined by the sales forecast dates. An item''s sales forecasts are defined on the first of each month; for example, a sales order consumes forecast within a given month based on the ship date. Unconsumed forecast rolls forward throughout the implied forecast period of a month, 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 successful future. But if you already know store information is vital to your supply chain, you’re halfway there. Go the distance: learn how direct store delivery (DSD) solutions can give your consumer package goods (CPG) company more control over supply chain processes.

calculating 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

Privacy Challenges for Data Providers


Ensuring the quality, accuracy, and security of customer data has never been more important than it is today. The growing potential for privacy breaches and tighter compliance regulations have created unique challenges and responsibilities for many data providers. Here we discuss some of the key privacy issues surrounding data management, and how partnering with a provider of master data management (MDM) software can help.

calculating forecast accuracy   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 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

calculating 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

Rethinking the Supply Chain: Meeting the Complexity Challenge


The requirements of operating in a global, just-in-time (JIT) market have made supply chains much more complex than they were 10 years ago. Much of the software meant to assist in managing this complexity has itself become too complex to use—and too expensive to cost-justify. Discover the benefits of using a less complex supply chain solution that better supports a collaborative effort along your supply chain.

calculating forecast accuracy  the Supply Chain: Meeting the Complexity Challenge Demand Solutions Forecast Management opens up a whole new world for supply chain management - better demand planning, improved inventory planning and, ultimately, increased efficiency and profits. Source : Demand Solutions Resources Related to Rethinking the Supply Chain: Meeting the Complexity Challenge : Supply Chain (Wikipedia) Rethinking the Supply Chain: Meeting the Complexity Challenge Supply Chains is also known as : Supply Chain Read More

Newman Technology Cuts Inventory Costs by 25 Percent; Achieves 98 Percent Inventory Accuracy


Newman Technology was using a paper trail system to manage a lot of traffic, and realized that it needed a modern-day solution for production accuracy and accountability. It needed a robust tool and disciplined processes for managing its inventory, purchase orders, and accounts receivables. Learn how Newman Technology improved its communication with suppliers and gained visibility into suppliers’ operations.

calculating forecast accuracy  cloud ERP, cloud supply chain solution, supply chain visibility, supply chain management Read More

A Data-Driven Approach: Improving Outcomes and Financial Performance


This white paper discusses ways of using a patient data superset strategy of expanded medical data accuracy, comprehensiveness, granularity, and accessibility to drive real improvements in patient care management, use, and financial performance.

calculating forecast accuracy  MedAssurant,medical informatics,healthcare informatics,health care informatics,health care,healthcare quality,care management,advanced data analysis,disease management Read More