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Documents related to » early forecasting 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

early forecasting accuracy  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
Integrated Workforce Management (WFM) Platforms: Fact or Fiction? - Part 3
Part 1 of this blog series analyzed the major modules of integrated workforce management (WFM) suites that organizations can deploy to better schedule and

early forecasting accuracy  SAP acquired in the early 2000s and has since rewritten in the SAP NetWeaver environment . Oracle, JDA Software , and Infor have similar value propositions via their respective acquisitions of PeopleSoft/Temposoft, Timera , and Workbrain , but none of them seems as complete as Kronos Workforce Central and RedPrairie Enterprise Workforce Management (EWFM). Retail-centric WFM products are designed to address key retail operational objectives, such as to control, reallocate, and/or reduce labor costs, 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

early forecasting accuracy  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
The Three Rs of RFID: Rewards, Risk, and ROI
Prominent organizations and retailers, such as Walmart and the US Department of Defense are taking advantage of radio frequency identification, which promises

early forecasting accuracy  best practice. Rewards for Early Adopters RFID holds promise for significant bottom-line benefits, including Reduced warehouse and distribution labor costs : Warehouse and distribution costs typically represent 2 to 4 percent of operating expenses for retailers. Replacing point-and-read, labor-intensive operations with sensors that track pallets, cases, cartons, and individual products anywhere in the facility can significantly reduce labor, resulting in 30 percent or more in savings. Reduced 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

early forecasting accuracy  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
Case Study: Hydro-Scape Products, Inc.
Like many distribution companies, Hydro-Scape needed to streamline and automate its business processes to increase speed and accuracy when serving customers, as

early forecasting accuracy   Read More
Smart Software for Service-level Driven Forecasting
The issue of forecasting intermittent demand has been one that has plagued companies forever. Many very smart people have tried to tackle it; many vendors like

early forecasting accuracy  intellectual capital is, however, clearly its forecasting expertise, which is the foundation for all that Smart Software does. Smart Software has applied its deep forecasting expertise to a service-level driven approach designed to help find the inventory sweet spot for those items with intermittent demand. Smart Software approaches these problems with just two products, SmartForecasts and  SmartCollaborator . SmartForecasts is an engine that selects the right forecasting methodology, whether that be Read More
Kronos Launches Predictive Workforce Scheduling in Healthcare
Kronos has released a new forecasting application, Workforce Forecast Manager, available within the flagship Kronos Workforce Central suite of workforce

early forecasting accuracy  Launches Predictive Workforce Scheduling in Healthcare Kronos has released a new forecasting application , Workforce Forecast Manager , available within the flagship Kronos Workforce Central suite of workforce management (WFM) applications for healthcare organizations, that predicts fluctuating labor demand by leveraging historical volume data. Healthcare organizations can use this application to deliver a more accurate workload plan and build the foundation of a predictive scheduling process.   To Read More
Meet Sage Inventory Advisor in the Cloud
Sage recently announced the general availability of Sage Inventory Advisor, a new cloud forecasting and planning solution that integrates with Sage enterprise

early forecasting accuracy  Sage Inventory Advisor in the Cloud Sage recently  announced the general availability of Sage Inventory Advisor , a new cloud forecasting and planning solution that integrates with Sage enterprise resource planning (ERP) systems to provide companies with a daily diagnostic of inventory, reduce time spent on forecasts, and resolve the optimal investment required to achieve target fill rates. As a cloud-based subscription service, Sage Inventory Advisor should be fast to implement and accessible via a Read More
How to Solve Printed Packaging Workflow Issues
Keeping track of the accuracy of packaging components in the pharmaceutical industry can be very challenging. It is important that every company be completely

early forecasting accuracy   Read More
Early Adopters Show Massive Advantages with Mobile
As the key technology that defines consumerization of technology, mobility has proven its qualitative benefits. However, the ROI on mobility remains elusive at

early forecasting accuracy  Adopters Show Massive Advantages with Mobile As the key technology that defines consumerization of technology, mobility has proven its qualitative benefits. However, the ROI on mobility remains elusive at a quantitative level for many organizations. Results from more than 400 individual interviews, electronic surveys, and case studies show that organizations that successfully deploy mobility at the business process level have created an unfair advantage. Find out how successful mobility programs are Read More
Endeca Information Discovery
Oracle business intelligence (BI) tools and technology provide a broad set of capabilities for reporting, analysis, modeling, and forecasting. The Oracle

early forecasting accuracy   Read More
ESRI
Esri began in 1969 as a small research group focused on land-use planning. The company''s early mission was to organize and analyze geographic information to

early forecasting accuracy  land-use planning. The company''s early mission was to organize and analyze geographic information to help land planners and land resource managers make well-informed environmental decisions. Today, Esri''s technology connects governments, industry leaders, academics, and nongovernmental organizations (NGOs) with the analytic knowledge to make critical decisions. Headquartered in New York, New York (US), Esri has 2,900 employees, 10 regional offices in the US, and more than 80 distributors outside the US. 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

early forecasting accuracy  cloud ERP, cloud supply chain solution, supply chain visibility, supply chain management Read More

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