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 equal 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.

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Documents related to » equal 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.

equal forecast accuracy  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

Antivirus Software: Market Review


Computer viruses are spreading through the Internet at an unprecedented rate and the antivirus market is now a $3 billion (USD) a year industry. This report measures the financial health and product quality of four key industry players: Symantec, McAfee, Computer Associates, and Trend Micro.

equal forecast accuracy  Points: Less than or equal to 50% 4 Points: Less than or equal to 60% 3 Points: Less than or equal to 70% 2 Points: Less than or equal to 80% 1 Point: Less than or equal to 100% Detected and Repaired Infected Files 5 Points: Completely reversed the damage caused by all infections 4 Points: Removed all infections, but was only able to clean some files 3 Points: Removed infections, but deleted all infected files 2 Points: Failed to detect some infections 1 Point: Failed to detect any infections Integrity Read More

6 Key Challenges Solved With End-to-end Human Resource Management


Human resource (HR) departments have an increasingly strategic role within an organization, particularly in the areas of recruiting, compensation, benefits cost containment, and employee development. But often the HR staff finds itself burdened with too many administrative tasks and never-ending paperwork. Learn about solutions that can help your HR department reduce routine administration and cut through complexity.

equal forecast accuracy  and recordkeeping requirements. The Equal Employment Opportunity Commission (EEOC) has created a definition of an Internet job applicant to help employers understand how to treat such applicants. Federal guidelines meant to standardize how employers track data on the diversity of their job-applicant pool are in effect for U.S. companies with more than 50 employees. Under these guidelines initiated in 2006, federal regulators will be checking to see that companies are keeping diversity data on all 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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Demand-driven Supply Networks for Small and Medium Business


Lately demand-driven supply networks (DDSN) are a much talked about topic, yet little is written about SMBs and DDSN. By understanding the basics of DDSN, and through selective implementation, SMBs can experience the agility, adaptability, and alignment of DDSN.

equal forecast accuracy  from customers with an equal and opposite push from supply chain members. Instead of leading the market from a push and artificially inducing unsustainable market demand, the concept behind DDSN is to react in tandem with demand. The methodology behind DDSN is to bring the supply chain eco-system into balance. The Advantage There are three main advantages to DDSN as a supply chain strategy: Participants in the supply chain are all able to take part in shaping demand as apposed to merely accepting it. Read More

MRP Success Story: Swiss American Products


Learn how Swiss-American Inc., a leading manufacturer of medical products, improved the accuracy of its inventory levels by adopting a new manufacturing system complete lot traceability, manufacturing resource planning (MRP), purchasing, and manufacturing projections.

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Balancing Profitability and Risk in Banking: Overcoming Common Risk Analysis and Reporting Challenges


Banks need robust risk analysis and reporting solutions to improve reporting accuracy and efficiency, while reducing the costs and burdens of compliance. Yet many forces hamper efficient enterprise risk reporting, including regulatory and stakeholder pressures, process inefficiencies, and disparate data. This paper focuses on the risk reporting challenges facing banks, and outlines the best practices banks need to improve reporting and manage risk.

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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.

equal forecast accuracy  industry watch, eto, manufacturing, plm, rulestream, cpq, siemens 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.

equal 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

JustEnough for Retail


JustEnough's solutions, available for cloud or on premises implementations, can help retailers forecast customer demand, plan merchandise and inventory, and then execute on those plans. Modules available from JustEnough include Merchandise Financial Planning, Assortment & Space Planning, Price & Markdown Planning, Promotion Management, Allocation and Replenishment.    

equal forecast accuracy  for Retail JustEnough''s solutions, available for cloud or on premises implementations, can help retailers forecast customer demand, plan merchandise and inventory, and then execute on those plans. Modules available from JustEnough include Merchandise Financial Planning, Assortment & Space Planning, Price & Markdown Planning, Promotion Management, Allocation and Replenishment. 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.

equal forecast accuracy  Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part Four: Guidelines and Case Studies Managing Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part Four: Guidelines and Case Studies Featured Author - Dr. Scott Hamilton - March 26, 2004 Guidelines Concerning S&OP Game Plans Effective game plans lead to improved firm performance and bottom line results. Metrics include reductions in stock-outs, delivery lead-time, missed shipments, partial shipments, and expediting efforts. Metrics 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 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

equal forecast 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

The Demand-Driven Supply Chain and Demantra


Demand-driven supply chains focus on pulling demand and maximizing effectiveness and profitability while traditional supply chains push products and create efficiencies. This difference is the key to improving all supply chain processes and generating significant cost savings and growth.

equal forecast accuracy  Demand-Driven Supply Chain and Demantra Introduction Demand-driven supply chains focus on pulling demand and maximizing effectiveness and profitability while traditional supply chains push products and create efficiencies. This difference is the key to improving all supply chain processes and generating significant cost savings and growth. The concept of the Demand-Driven Supply Chain is the convergence of marketing and supply chain management. In the consumer products industries, this is of key Read More

Filling the Holes and Breaking Down Artificial Walls in a Process PLM Solution Set - Part 2


Part 1 of this blog series established that the product lifecycle management (PLM) software market for process industries (food @ beverage, life sciences, chemicals, paints, consumer products, etc.) has not been well-defined as compared to its counterparts in the discrete manufacturing and fashion (apparel) industry segments. Indeed, the process PLM solution market is currently

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The IT Rights of Digistan


The Hague Declaration, recently published by The Digital Standards organization, proposes that all governments adhere to free and open standards for IT activities. Something that strikes me about Digistan's declaration is its basis in the Universal Declaration of Human Rights and not a technical document. The three things The Hague Declaration calls on all governments to do, are as follows

equal forecast accuracy  consider the right for equal access to public service in one''s country, it''s reasonable to consider how to enable that equal access. In case anyone thinks Digistan''s call means governments would force software vendors to release products as free and open source software (FOSS), it doesn''t (or at least I don''t think it implies that). Free and open standards aren''t the same as FOSS. Their adoption may promote some common tendencies (interoperability, lack of vendor lock-in , increased potential for Read More