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Software Functionality Revealed in Detail
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 demand forecast accuracy erp

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 » demand forecast accuracy erp

ERP Plus and Beyond


ERP Plus provides tools that metal fabricators need to streamline their quoting, order entry, inventory control, production, labor collection, shipping, and invoicing processes.

demand forecast accuracy erp  electronic Kanban to pull demand through the shop. Finite scheduling capabilities may also enable users to create more accurate production schedules based on finite capacity constraints and simulate schedule changes by conducting what-if scenarios. Built-in workflow management capabilities can then send action messages to specific individuals, notifying them when their actions are needed and keeping everyone informed. Also, machine operators can be more efficient by building the right product at the Read More

ChainLink Research Releases New Demand Management Report


Have you thought about the fact that the math you are using for your forecasting process was developed in the 19th century? ChainLink did.

demand forecast accuracy erp  with TEC to expand Demand Management Evaluation Center Montreal, QC July 17, 2006 -- Have you thought about the fact that the math you are using for your forecasting process was developed in the 19th century? ChainLink did. Lots of data showing the reduction in forecast accuracy in certain industries, as well as the exciting changes in the industry, became the impetus to do the research and write this report, says Ann Grackin, author of the report Demand Management Technology Evaluation . This Read More

TEC's Mid-market ERP-Distribution Buyer’s Guide


Midsize manufacturers and distributors now have access to an array of powerful software solutions that simply weren’t available before. But with so many choices, you need accurate and unbiased information. This comprehensive guide from TEC and SupplyChainBrain provides a state-of-the-market analysis, success stories from your peers, in-depth information on solutions, and a directory of the leading vendors in the field.

demand forecast accuracy erp  have to forecast the demand before placing an order with a remote supplier far away. In the high-tech and electronics world today, it is a common industry fact that forecast accuracy is at about 80 percent. This means that often 20 percent of everything that is manufactured is deemed to be at risk immediately and may never sell. In other words, potentially 80 percent of a company''s inventory is active product that is currently selling. The remaining 20 percent is either slow-moving or will never sell Read More

Demand Planning: Optimizing Operations across the Supply Chain


Demand planning applications can help manufacturers establish baseline sales forecasts and perform analysis to improve resource usage. They can also help manufacturers optimize pricing capabilities and better understand their markets. Yet to get the most out of these tools, manufacturers must be willing to reorganize their planning processes—and to share the resulting insights with supply chain partners and customers.

demand forecast accuracy erp  data to build a demand forecast for its service parts. The company uses a demand management system to digest more than three years of parts sales data to calculate demand forecasts by part number for four warehouses, leading to an order plan for some 50,000 parts. The order is then sent to Korea, where the company is headquartered and where many of its parts suppliers are located. As a result, the company has reduced inventory and boosted its fill rate. Supply-Chain Collaboration Manufacturers and Read More

Nine Ways to Use ERP to Make the Manufacturing Supply Chain Lean


There are entire books and thorough training and certification processes devoted to lean supply chain practices. But within any manufacturing environment, there are a few relatively simple steps that will help any enterprise make its supply chain lean. In this article, we will touch on these simple measures—measures that any company can take.

demand forecast accuracy erp  effort on an inaccurate demand forecast is like building a house on a foundation of sand. If you can increase demand forecast accuracy, you can decrease your inventory and increase your level of customer service at the same time. Unfortunately, most companies divide responsibility for the demand forecast among multiple departments. Sometimes, the process is owned by the sales department, and they tend to be too optimistic, because optimism is in their nature and they want to avoid disappointing a Read More

ERP in Manufacturing AXIS


Enterprise resource planning (ERP) provides a necessary infrastructure, along with the transactional detail and system of record that any manufacturing business needs. But ERP also enables streamlining and accelerating business processes—while providing visibility to those processes throughout the enterprise. This AXIS report looks at ERP solution providers from a market readiness and customer value derived perspective.

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To ERP or Not to ERP, that Is the C-level Question


Whether your organization is looking to take the leap into an enterprise resource planning (ERP) system for the first time or seeking to add to the current ERP system’s functionality, your organization no longer must be bound to a one-size-fits-all ERP solution. One can pick and choose from the best of the best from ERP component vendors to fit your needs.

demand forecast accuracy erp   Read More

Four Reasons Why You Need to Consolidate Your Various ERP Packages


If your business is running more than a single enterprise resource planning (ERP) software package, you need to consolidate down to one. In this white paper, we’ll provide you with four good reasons for making this move, and how to get around the various organizational barriers to doing so.

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Microsoft Dynamics GP 10.0 for ERP for Process Manufacturing Certification Report


Microsoft Dynamics GP 10.0 is now TEC Certified for online evaluation of enterprise resource planning (ERP) for process manufacturing solutions in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Ross ERP (V 7.0.3) Is TEC Certified for Process Manufacturing ERP


TEC is pleased to announce that Ross ERP (V 7.0.3) by Aptean is now TEC Certified for process manufacturing enterprise resource planning (ERP). Ross ERP aims to address the unique needs of process manufacturers, such as complex inventory management (including the complexities around variable raw material inputs), backward and forward lot trace, recipes/process specifications, quality test results, product costing, and sales pricing/bracket pricing.

demand forecast accuracy erp  Ross ERP, TEC certification, Aptean, process manufacturing, process ERP, Aptean ERP, recipe-based, track and trace, Read More

ERP Systems and the ETO Manufacturing Market Part One: Event Summary


Users increasingly look for an enterprise resource planning (ERP) system designed for a specific business, since software that combines industry-specific functionality with the flexibility to accommodate each company's unique processes goes a long way toward improving the functional fit and the speed of implementation.

demand forecast accuracy erp  handles kanban replenishment and demand smoothing, but not line design and operation method sheets (OMS) since these features would not bring much benefit to ETO manufacturers. These customers often specify product families that include products that require one or two unique and expensive components with distinctly long lead times, in addition of the fair share of common parts (stocked items), which could benefit from flow methods of smoothing spikes in demand. Further, for any organization, that lean or Read More

WorkWise RB-ERP Is TEC Certified for Discrete Manufacturing ERP


Role-Based ERP (RB-ERP) by WorkWise is now TEC certified in the discrete manufacturing enterprise resource planning (ERP) software space. The RB-ERP product has a number of well-designed features and components; along with core ERP capabilities, the product has easy-to-use analytics that are enhanced by an extensive set of pre-built metrics, mobile device support for manufacturing and factory operations, a robust built-in product configurator, the eProduction shop floor module, and extensive product data management (PDM) functionality via the engineering workbench.

demand forecast accuracy erp  materials, planning, production, engineering, demand, and finance. RB-ERP is accessed via workbenches which are customizable to match the user’s job function and role within the organization. RB-ERP has a number of deep functional capabilities such as bi-directional CAD integration, a robust product configurator, and Kanban/lean manufacturing support. Figure 1: WorkWise RB-ERP application suite (click for larger images) The user experience within RB-ERP revolves around the concept of workbenches. There Read More

Are ERP Workarounds a Terrific Way of Shooting Yourself in the Foot?


Are ERP workarounds a terrific way of shooting yourself in the foot? TEC Analyst Gabriel Gheorghiu says “There’s no way to avoid ERP workarounds. And yes, they’re a problem.” TEC Analyst Jorge García says “No they’re not.” Managing Editor David Clark attempts to moderate (just a wee bit too late).

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Is It Time to Purchase a New ERP?


For decades, enterprise resource planning (ERP) replacement has been compared to brain surgery: You just don't do it unless the patient is dying. So how do you know when it really is the time to invest in a new ERP system? Download this white paper to find out.

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Zavanti ERP Is TEC Certified for ERP for Services and PPM for PSA Evaluation


TEC is pleased to announce that Zavanti ERP by Zavanti is now TEC certified in the enterprise resource planning (ERP) for services and project portfolio management and professional services automation (PPM for PSA) software spaces. Zavanti offers an end-to-end suite of solutions for the property development, building and construction, property management, and professional services organizations, particularly the engineering, architecture, contractors, and consultants vertical markets.

demand forecast accuracy erp  ERP Is TEC Certified for ERP for Services and PPM for PSA Evaluation TEC is pleased to announce that Zavanti ERP by Zavanti is now TEC certified in the enterprise resource planning (ERP) for services and  project portfolio management and professional services automation (PPM for PSA) software spaces.   Zavanti was founded in 2001 and is based in Sydney, Australia. Zavanti offers an end-to-end suite of solutions for the property development, building and construction, property management, and Read More