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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.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 equal forecast 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

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. 

Evaluate Now

Documents related to » equal forecast 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.

equal forecast accuracy scm  weight of 10 to equal a weighted average of about 134 pieces. A forecast of 134 pieces appears to be better than the previous estimate of 117 pieces, but it will probably still fall short of July''s actual usage. But remember that past usage is just one element of a comprehensive forecast. Trends No average of past usage can result in a forecast that is greater (or less) than the largest (or smallest) usage quantity included in the calculation. If usage is either consistently increasing or decreasing over 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.

equal forecast accuracy scm  cost pressures, and an equal number also point at escalating cus- tomer service requirements. Rising energy prices, which impact manufacturing and transportation costs, are an especially large culprit for many process industries, cited by 38%. Other factors include the cost of supporting more specialty products to fight com- moditization, labor and insurance costs, and regulatory and security compliance costs (especially hazmat, FDA, REACH, HIPAA, etc.). Companies in the process industries have struggled Read More

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, as it did not have the ability to accurately forecast customer demand. But with forecasting and demand planning software that increased forecast accuracy, the company has nearly doubled its sales over the past four years, while keeping inventory levels constant.

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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.

equal forecast accuracy scm   Read More

New Dimensions in EC and SCM Part 3: E-Procurement Can Broaden the Supplier Pool


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

equal forecast accuracy scm  procurement strategy,procurement,supplier management software,supplier audits,purchase order system,software purchasing,purchase management,supplier performance,purchase to pay,supplier quality,supplier scorecards,supplier rating system,procurement services,supply chain consulting,utility comparison Read More

A Tale of a Few Good SCM Players - Part 3


Part 1 of this blog post series followed the progress of Manhattan Associates from its inception in 1990 throughout the mid-2000s. During this time, Manhattan was the epitome of a well-managed supply chain management (SCM) software company in terms of market share, growth, profitability, and its products’ capabilities. Indeed, the company set the industry standard for the

equal forecast accuracy scm  Tale of a Few Good SCM Players - Part 3 Part 1 of this blog post series followed the progress  of  Manhattan Associates  from its inception in 1990 throughout the mid-2000s. During this time, Manhattan was the epitome of a well-managed  supply chain management (SCM ) software company in terms of market share, growth, profitability, and its products’ capabilities. Indeed, the company set the industry standard for the supply chain execution (SCE) space and was the envy of its competitors. But Read More

2012 TEC Buyer’s Guide to Explore Surging Interest in SCM


Supply chain management (SCM) software is a key part of a successful global business. With it, companies can monitor transactions between suppliers, manufacturers, shippers, retailers, and a host of other partners. They can anticipate problems, eliminate bottlenecks, and avoid expensive delays. Without SCM, companies lose visibility, and control, of anything outside their four walls, and risk

equal forecast accuracy scm   Read More

SCM Software for Mills


Demand for mill products especially in the metals and packaging industry is growing fast. This presents a good opportunity for the software vendors who cater to the needs of customers in these industries. But these industries have some unique requirements which are discussed throughout this article. Supply chain management software which does planning and execution for manufacturing, transportation, distribution etc. for mills industry, needs to address these unique requirements.

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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

equal forecast accuracy scm  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 discrete manufacturing, consumer durables and packaged goods, technology, Read More

Logility Accelerates SCM to ERP Integration


Logility Inc., a supplier of collaborative supply chain management (SCM) solutions, recently announced a template-based approach to reduce the cost and complexity associated with best-of-breed SCM to enterprise resource planning (ERP) integrations. Companies that turn to ERP providers for their SCM capabilities often find that they lack the depth and breadth of supply chain planning and

equal forecast accuracy scm   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.

equal forecast accuracy scm  cloud ERP, cloud supply chain solution, supply chain visibility, supply chain management 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.

equal forecast accuracy scm  supply chain management,SCM,enterprise asset management,EAM,replacement parts,original equipment manufacturers,OEM,maintenance repair and overhaul,MRO,service,aftermarket,inventory management Read More

How to Roll Out an MRO System for Airlines without Making Your SCM Problems Even Worse


When it comes to complex software implementations, some industries have it tougher than others. For instance, an airline company implementing a maintenance, repair, and overhaul (MRO) platform has almost no margin for error. Read this article for TEC analyst Phil Reney's recommendations on the best way of rolling out an MRO platform without completely trashing your supply chain.

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'Collaborative Commerce': ERP, CRM, e-Proc, and SCM Unite! A Series Study: Baan and Parent Company, Invensys


Baan is now iBaan, fully focused on the Internet via Portals and web technologies, across CRM, ERP, and SCM spaces.

equal forecast accuracy scm  and are being given equal treatment. And, still no native HR/payroll solution, a surprising and lasting gap in their product line that prevents them from stamping the One Stop Shop logo on their iBaan suite. We applaud, however, their aggressive move to allow third-parties to come to the iBaan show through iBaan B2B Server, Collaboration, and OpenWorld. These pieces are welcome and necessary in the C-Commerce world of interconnectivity. See, It Is Possible - SAP And Baan Strange Bedfellows . User Read More

Identifying the ROI of a Software Application for SCM Part 1: We Need To Know Now


If you are not experiencing organizational stress in some of the areas where the benefits may occur, then perhaps a decision to invest in supply chain management software should be postponed. If you do have some pain in one or more of these areas, then you can follow the concepts in this article to understand the potential of supply chain management software to fix the cause of the pain and improve your bottom line. This part discusses the challenge of limited time to perform analysis.

equal forecast accuracy scm  the ROI of a Software Application for SCM Part 1: We Need To Know Now 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 real Read More