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 early forecasting accuracy scm

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 » early forecasting accuracy scm

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.

early forecasting accuracy scm  until late April or early May. Forecasts for February, March and April should have no effect on your current replenishment plans. Identify Products Whose Future Demand Cannot be Forecast We''ve spent a lot of time discussing how to accurately forecast future demand of products. Unfortunately, like lottery winners, future usage of some products cannot be accurately predicted. These items tend to have sporadic or irregular usage. Here is the usage history of one of these products: January February March Read More

Impressive Enterprise Resource Planning Solution Gets A Little Help From Its Friends


Despite impressive product depth and breadth (for instance, customer relationship management [CRM], workflow, traceability, and quality management are provided natively), Strategic Systems International (SSI) has longstanding partnerships with several best-of-breed specialists.

early forecasting accuracy scm  . Holistic Inventory Optimization Early in the 2000s, the company launched a partnership with UK-based Barloworld Optimus, whose inventory optimization Optimiza tools (privately labeled as the TROPOS Optimiza module by SSI) have helped many user companies cut stock levels while simultaneously improving product availability. Optimus has an innovative inventory management methodology, whose aim is, like many other inventory optimization products to enable clients to reduce investment in stock while at the 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.

early forecasting accuracy scm  whereas the Newton [an early handheld PDA] was a dud. Demand Planning Technology Where just five years ago only large enterprise clients could afford sophisticated demand planning systems, new software packages are well within the budgets of most companies. Yet despite the availability of new technology, many small and midsize manufacturers and distributors continue to forecast using simple spreadsheets. Says one technology analyst, [Microsoft] Excel is the most widely deployed demand planning tool. Read More

ToolsGroup Embeds Machine Learning Technology in Demand Forecasting


ToolsGroup, a provider of demand analytics and supply chain planning (SCP) software, claims to be the first vendor in its class to embed machine learning into a commercially available demand forecasting product. The new technology has been proven to significantly improve forecast accuracy in major global customer installations.

early forecasting accuracy scm  those successful new products early on allows companies to determine the most advantageous way to allocate additional marketing, purchasing and replenishment resources to up and coming products.   For more background see TEC ’s previous blog post on ToolsGroup . Read More

SmartOps Steps Out in to the Cloud SCM


SmartOps Corporation is a quiet provider of supply chain planning (SCP) solutions that right-size inventory and capture more sales (by way of managing demand) for global enterprises that compete in complexity and uncertainty of their global supply chains. Deploying SmartOps’ solutions has dramatically improved supply chain performance at more than 50 Fortune 1000 and global 2000 companies in

early forecasting accuracy scm  Cloud-based Demand Sensing In early July 2012, SmartOps announced the availability of Enterprise Demand Sensing (EDS) - a brand new cloud-based analytics application to predict demand trends in order to boost sales, reduce stock-outs, and reduce expediting costs. EDS is the first application constructed from scratch on the company’s new multitenant platform as a service (PaaS) intended for cloud deployment. The new SmartOps cloud platform (live as of July 1, 2012) is built on open source components Read More

How to Get the Most from Your Supply Chain: SCM Reaches the Mid-market


Today’s midsized distributors can benefit from their software systems in ways that were impossible a few years ago. By layering advanced, affordable supply chain management (SCM) and electronic data interchange (EDI) functionality on top of their existing enterprise resource planning (ERP) system, they can profit from improved productivity and lower labor costs. Find out how.

early forecasting accuracy scm  procurement. Christina Park has nearly ten years of international IT experience in business systems, enterprise applications, and hardware manufacturing, and has written numerous articles covering enterprise applications. For more information, please contact the analyst group at research@technologyevaluation.com . Searches related to How to Get the Most from Your Supply Chain: SCM Reaches the Mid-market : Apply EDI | Apply EDI Infrastructure | Apply EDI Software | Apply EDI Solutions | Apply Electronic Read More

Financial Forecasting and Planning Summit, London UK, June 2-3, 2011


Financial Forecasting and Planning Summit, London UK, June 2-3, 2011. If you're interested in learning about the latest innovations in financial pl...

early forecasting accuracy scm  Forecasting and Planning Summit, London UK, June 2-3, 2011 Financial Forecasting and Planning Summit, London UK, June 2-3, 2011 If you''re interested in learning about the latest innovations in financial planning and business forecasting from some of world''s leading experts, the Financial Forecasting and Planning Summit is for you! At this two-day summit of forward-thinking business and financial leaders, you''ll learn how to: engage senior leadership around financial forecasts and reviews use the f Read More

Best Practices for Budgeting, Forecasting and Reporting


Corporate budgeting, forecasting, and reporting presents a formidable challenge to most companies, regardless of size or industry. Companies that are able to address budgeting obstacles and improve their process will not only be rewarded with more accurate budgets, more timely re-forecasts, and improved decision-making, but also foster a disciplined financial management culture that will deliver a true competitive advantage

early forecasting accuracy scm  Practices for Budgeting, Forecasting and Reporting Corporate budgeting, forecasting, and reporting presents a formidable challenge to most companies, regardless of size or industry. Companies that are able to address budgeting obstacles and improve their process will not only be rewarded with more accurate budgets, more timely re-forecasts, and improved decision-making, but also foster a disciplined financial management culture that will deliver a true competitive advantage Read More

Supply Chain Management (SCM)


Supply chain management (SCM) solutions include applications for managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse management, international trade logistics, transportation execution, and many other issues for a complete solution, this knowledge base will support your evaluation of an SCM suite.

early forecasting accuracy scm   Read More

12th Vendor Shootout for ERP: Dallas, TX, USA, 12-13 Oct 2011 - Early Bird Rates Extended!


The 12th Vendor Shootout for ERP. Dallas, Texas, USA. October 12-13, 2011. Dallas Marriott Quorum. Manufacturers and distributors:Early-bird Rates ...

early forecasting accuracy scm  12-13 Oct 2011 - Early Bird Rates Extended! 12th Vendor Shootout for ERP: Dallas, TX, USA, 12-13 Oct 2011 - Early Bird Rates Extended! Early-bird Rates Extended! The 12th Vendor Shootout for ERP Dallas, Texas, USA October 12-13, 2011 Dallas Marriott Quorum Manufacturers and distributors: Early-bird Rates are extended until September 30! Don’t miss out on this opportunity to see the following ERP solutions go head to head! Oracle, abas, Infor, Epicor, SAP, IQMS, Microsoft, and Plex! Hosted by the VAR Read More

Logility Voyager Solutions for Supply Chain Management (SCM) Certification Report


Logility Voyager Solutions is now TEC Certified for online evaluation of supply chain management solutions in the Supply Chain Management (SCM) 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.

early forecasting accuracy scm  global supply chain management,supply chain management programs,supply chain management tools,integrated supply chain management,supply chain management systems,supply chain management solutions,supply chain management consulting,supply chain management company,supply chain management definition,define supply chain management,software supply chain management,supply chain management strategies,green supply chain management,supply chain management articles,supply chain management system Read More

Transforming Spreadsheets: Planning, Budgeting and Forecasting for Midsize Companies


This white paper describes how workgroups and midsize companies can transform their spreadsheet-only processes to create flexible and timely plans, budgets, and forecasts. It outlines recommendations for implementing a complete performance management system, using an integrated reporting, analysis, and planning solution purpose-built for workgroups and midsize companies.

early forecasting accuracy scm  Spreadsheets: Planning, Budgeting and Forecasting for Midsize Companies This white paper describes how workgroups and midsize companies can transform their spreadsheet-only processes to create flexible and timely plans, budgets, and forecasts. It outlines recommendations for implementing a complete performance management system, using an integrated reporting, analysis, and planning solution purpose-built for workgroups and midsize companies. Read More

Lucrative but "Risky" Aftermarket Business-Service and Replacement Parts SCM


The growing pressure for improving customer responsiveness and profits has lately changed the traditional role of supply chain management (SCM) of spare and replacement parts.

early forecasting accuracy scm  applications market. He has nearly twenty years of manufacturing industry experience, including several years as a power user of IT/ERP, as well as being a consultant/implementer and market analyst. He holds a bachelor''s degree in mechanical engineering from the University of Belgrade, in the former Yugoslavia, and he has also been certified in production and inventory management (CPIM) and in integrated resources management (CIRM) by APICS. Read More

11th ERP Vendor Shootout - Boston MA, Aug 11-12, 2011 - Early Bird Rates Extended!


Early Bird pricing extended through July 20, 2011. The 11th Vendor Shootout for ERP.

early forecasting accuracy scm  Aug 11-12, 2011 - Early Bird Rates Extended! 11th ERP Vendor Shootout - Boston MA, Aug 11-12, 2011 - Early Bird Rates Extended! Early Bird pricing extended through July 20, 2011 The 11th Vendor Shootout â„¢ for ERP Boston, Massachusetts, USA August 11-12, 2011 Park Plaza Hotel and Towers Manufacturers and distributors: Hosted by the VAR Community , moderated by Technology Evaluation Centers (TEC) , and sponsored by IBM , the Vendor Shootout for ERP is a one-of-a-kind opportunity for you and your team Read More

The Competitive Advantage of Business Intelligence Forecasting and Predictive Analysis


Technology and new business intelligence solutions have made it possible for the average enterprise to leverage complex predictive analysis using simple, intuitive tools. Predictive analysis is key to the competitive success of an organization, and the enterprise that is privy to clear and concise product, customer, sales, and market predictions will always have the competitive advantage in its market of choice. Find out how.

early forecasting accuracy scm  Competitive Advantage of Business Intelligence Forecasting and Predictive Analysis Technology and new business intelligence solutions have made it possible for the average enterprise to leverage complex predictive analysis using simple, intuitive tools. Predictive analysis is key to the competitive success of an organization, and the enterprise that is privy to clear and concise product, customer, sales, and market predictions will always have the competitive advantage in its market of choice. Find out Read More