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 erp calculating 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.

Compare Now

Documents related to » erp calculating forecast accuracy

Less Stock, More Profit: Inventory Optimization


Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI). However, many companies implementing an ERP solution don’t add a dedicated inventory optimization module. Learn how inventory optimization can offer companies huge potential to maximize the value of IT investments—and keep inventory levels at the right balance.

erp calculating forecast accuracy  the rest of the ERP solution. The same level of accuracy can never be achieved with an integrated third party ''best-of-breed'' solution, which usually looks at only delivery history. A true demand planning solution, such as IBS Enterprise, considers customer order history instead of what was delivered. Calculating forecasts based on past demand patterns gives a truer picture of what a customer will order in the future: what has the customer ordered in the past? IBS Enterprise can even be set up to capture Read More

Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment


Small and medium businesses (SMB) need to address inventory challenges by using a tightly integrated approach that reflects the dynamics of the extended supply chain. Data must also be available to other application modules within the enterprise resource planning (ERP) system. An inventory optimization solution allows companies to effectively fulfill demand and identify how to gain additional profits from their inventories.

erp calculating forecast accuracy  modules within the incumbent ERP system. Wherever business processes and transaction capabilities are integrated and extended across the supply chain, a greater number of users have visibility into the different aspects of inventory optimization and the means to maximize the process. Wherever business processes and transaction capabilities are integrated and extended across the supply chain, a greater number of users have visibility into the different aspects of inventory optimization and the means to ma Read More

Achieving Effective Inventory Management


In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These challenges, combined with customer demands for product availability, can conflict with operational goals of increasing inventory turnover and minimizing costs. However, business automation software can deliver sophisticated distribution capabilities designed to help you with these important business issues.

erp calculating forecast accuracy  on-hand quantity in the ERP system is less than what is actually on the shelf, the buyer may replenish stock of the item when there is still plenty in the warehouse. This results in excess inventory and decreased inventory turnover. On-hand discrepancies occur for a variety of reasons, but no distribution business can function effectively if its computer system does not reflect accurate quantities for each product in the warehouse. The Sage MAS 500 Solution Sage MAS 500 provides several tools designed to Read More

Charting a New Course in Effective Distribution Supply Chain Management


Wholesale distributors that pursue growth while neglecting supply chain effectiveness are putting their long-term survival at risk—usually for no good reason. Supply chains have gained complexity in recent years, but solutions for achieving supply chain management (SCM) effectiveness have become both more accessible and easier to deploy. Learn how these solutions can help your company overcome its SCM challenges.

erp calculating forecast accuracy  Supply Chain Certification | ERP Supply Chain Management | Supply Chain Management Services | Supply Chain Management Articles | Outsourcing Supply Chain Management | SCM Solutions | SCM Process | SCM Integration | Supply Chain Management Consultant | Define Supply Chain Management | Supply Chain Automation | SCM Strategy | Supply and Demand Chain Executive | Infor Supply Chain Management White Papers | Supply Chain Management Tool | Inventory Management | Effective Distribution Supply Chain Management | Read More

RedPrairie: Enabling End-to-End Supply Chains (from Manufacturer to Retail Shelf)


RedPrairie provides best-of-breed supply chain execution, workforce, and all-channel retail solutions designed to streamline and expedite the flow of goods from raw materials into the hands of the consumer. In this article, TEC senior analyst P.J. Jakovljevic describes how the company has positioned itself through its acquisitions, outlook, and integration initiatives to be able to fulfill its “Buy Anywhere—Fulfill Anywhere” philosophy.

erp calculating forecast accuracy  clients who run SAP ERP have committed to upgrading our solutions rather than switch to the less robust supply chain solutions. We believe our product functionality continues to exceed that of any ERP provider. WMS—Our WMS solution provides comprehensive functionality to support a larger set of vertical markets, such as retail, F&B, CPG, high-tech, 3PL, and automotive. It also has stronger capabilities that provide richer operational value in areas such as slotting, engineered labor standards, and task Read More

iScala ERP Software


Epicor’s iScala enterprise resource planning (ERP) software enables businesses to automate and manage their standard business processes, and includes an e-business infrastructure focusing on a fully integrated set of ledgers. Among the software’s many features are: multi-dimensional account structure, currency and ledger revaluation, continuous and periodic consolidation, cash flow forecasting, automatic payments with payment ledger integration.    

erp calculating forecast accuracy  ERP Software Epicor’s iScala enterprise resource planning (ERP) software enables businesses to automate and manage their standard business processes, and includes an e-business infrastructure focusing on a fully integrated set of ledgers. Among the software’s many features are: multi-dimensional account structure, currency and ledger revaluation, continuous and periodic consolidation, cash flow forecasting, automatic payments with payment ledger integration. Read More

ERP Selection: Starting Out on the Right Foot


Enterprise resource planning (ERP) software selection and implementation can be complicated. But having an ERP strategy in place from the start makes it easier. And a good ERP strategy starts with the selection process itself. This Aberdeen Analyst Insight examines how best-in-class companies select ERP as part of an overall ERP strategy.

erp calculating forecast accuracy  complicated. But having an ERP strategy in place from the start makes it easier. And a good ERP strategy starts with the selection process itself. This Aberdeen Analyst Insight examines how best-in-class companies select ERP as part of an overall ERP strategy. Read More

Midmarket ERP Solutions Checklist


Before you commit to any enterprise resource planning (ERP) system, you should first answer several questions about what your organization needs and wants to accomplish with its ERP strategy. The answers will help you determine which applications and what kind of functionality your organization requires from its ERP solution, as well as go a long way toward easing the implementation process. Read how to prepare yourself.

erp calculating forecast accuracy  ERP Solutions Checklist Before you commit to any enterprise resource planning (ERP) system, you should first answer several questions about what your organization needs and wants to accomplish with its ERP strategy. The answers will help you determine which applications and what kind of functionality your organization requires from its ERP solution, as well as go a long way toward easing the implementation process. Read how to prepare yourself. Read More

Sage 100 Standard ERP (v. 4.5) for Discrete Manufacturing ERP Certification Report


Sage 100 Standard ERP (formerly Sage ERP MAS 90), v. 4.5, is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) 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.

erp calculating forecast accuracy  100 Standard ERP (v. 4.5) for Discrete Manufacturing ERP Certification Report Sage 100 Standard ERP (formerly Sage ERP MAS 90), v. 4.5, is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) 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, Read More

Don’t Forget to Factor In Mobile ERP When Selecting a New ERP System


A 2011 study of mid-market manufacturers sought to understand the nature of demand for mobile access to enterprise resource planning (ERP) and other enterprise software. This study surveyed over 200 executives, all of whom reported involvement in software selection at manufacturing companies with more than $100 million (USD) in revenue. Read this article to learn about the current state of mobile ERP for mid-market manufacturers.

erp calculating forecast accuracy  to Factor In Mobile ERP When Selecting a New ERP System With the proliferation of smartphones, tablet computers, and other mobile computing devices—and the associated increase in applications designed for them—the obvious question is when users of enterprise solutions including enterprise resource planning (ERP) will be able to access company-wide solutions from their mobile devices in meaningful ways. In mid-2011, as IFS prepared for the release of IFS Touch Apps , its mobile ERP initiative, IFS Read More

SYSPRO ERP (version 6.1 SP1) for Discrete Manufacturing ERP Certification Report


SYSPRO ERP (version 6.1 SP1) is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) 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.

erp calculating forecast accuracy  ERP (version 6.1 SP1) for Discrete Manufacturing ERP Certification Report SYSPRO ERP (version 6.1 SP1) is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) 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 Read More

ERP in Manufacturing 2011: Defining the ERP Strategy


Most manufacturing enterprises use enterprise resource planning (ERP) as their main business system. It has always been assumed is that companies strive to have one single ERP system to unify all their parts and processes, but a survey shows that the average manufacturing company has 1.9 separate and distinct systems. This paper looks at how overall ERP strategy relates to companies’ performance.

erp calculating forecast accuracy  Manufacturing 2011: Defining the ERP Strategy Most manufacturing enterprises use enterprise resource planning (ERP) as their main business system. It has always been assumed is that companies strive to have one single ERP system to unify all their parts and processes, but a survey shows that the average manufacturing company has 1.9 separate and distinct systems. This paper looks at how overall ERP strategy relates to companies’ performance. Read More

Get ERP Right the First Time: A Practical Guide to Selecting and Implementing a New ERP System


Every company faces different challenges and has different needs in regard to enterprise resource planning (ERP). Choosing the right ERP system can be difficult because there is really no one-size-fits-all ERP solution. However, there are certain basic principles that apply to nearly every company’s situation. Find out what they are, and learn how you can increase your chances of a successful ERP implementation.

erp calculating forecast accuracy  ERP Right the First Time: A Practical Guide to Selecting and Implementing a New ERP System Every company faces different challenges and has different needs in regard to enterprise resource planning (ERP). Choosing the right ERP system can be difficult because there is really no one-size-fits-all ERP solution. However, there are certain basic principles that apply to nearly every company’s situation. Find out what they are, and learn how you can increase your chances of a successful ERP Read More

Can ERP Answer Your Business Needs?


Deploying an enterprise resource planning (ERP) solution is an extremely important event in the development of a company. A well-managed ERP solution can help a business handle global competition. Fortunately, modern ERP systems are relatively user-friendly, easy to implement, and easy to afford. Read this white paper to learn about the benefits of ERP and some of the issues that arise in implementing an ERP solution.

erp calculating forecast accuracy  ERP Answer Your Business Needs? Deploying an enterprise resource planning (ERP) solution is an extremely important event in the development of a company. A well-managed ERP solution can help a business handle global competition. Fortunately, modern ERP systems are relatively user-friendly, easy to implement, and easy to afford. Read this white paper to learn about the benefits of ERP and some of the issues that arise in implementing an ERP solution. Read More