X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 erp 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.

Compare Now

Documents related to » erp equal forecast accuracy

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.

erp equal forecast accuracy  Sample Forecast Accuracy | ERP Equal Forecast Accuracy | ERP Tests Forecast Accuracy | ERP Analysts Forecast Accuracy | ERP Assessing Forecast Accuracy | ERP Modeling Forecast Accuracy | ERP Uncertain Forecast Accuracy | ERP Forecast Accuracy Results | ERP about Forecast Accuracy | ERP Revenue Forecast Accuracy | ERP Planning Forecast Accuracy | ERP Track Forecast Accuracy | ERP Record Forecast Accuracy | ERP Forecast Accuracy Data | ERP Early Forecasting Accuracy | ERP Search Forecast Accuracy | ERP 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 equal 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

A Modern Tale of Long (Supply Chain) Tails -- Part I


As a little kid growing up in former (and erstwhile happy) Yugoslavia and watching my elders, day in, day out, downing dozens of strong Turkish coffees with their neighbors and relatives (while discussing sports, weather, world politics, and the neighborhood gossip) I would sometimes naively ask for a sip of coffee. The deterring line (a bogey-man tale) from my folks would be that “kids that drink

erp equal forecast accuracy  30 implementations within SAP’s ERP install base (at some of the largest companies in the world), and the product has the “Powered by SAP NetWeaver” designation. As for the underlying technology, ToolsGroup is a Microsoft .NET Framework and SQL Server shop. ToolsGroup’s Distribution Focus  If there is something that does not particularly impress me about ToolsGroup, it would be its non-intuitive (if not even deceptive) name – the company is certainly not a chain of hardware stores. In other Read More

Best Practices in Creating a Strategic Finance Function


Many chief financial officers (CFOs) have started to take on new strategic roles. Their goals are to enforce stricter controls to ensure legal and regulatory compliance, offer strategic insights into the internal and external business environment, and connect the business strategy with daily operations through performance tracking. Learn more about the changing role of the CFO in today’s finance organization.

erp equal forecast accuracy  a single instance of ERP software and a common chart of accounts (see Figure 11). When they used multiple instances or even multiple applications, the cost was more than 50% higher than with the single instance and common chart of accounts. MORE EFFECTIVE IT ENABLES MORE STRATEGIC FINANCE FUNCTIONS The use of an integrated ERP system by the finance function also paves the way to a more strategic approach. If a company establishes a more integrated process, planning and reporting cycle times are reduced Read More

The State of the Art in Finance


Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have started to take on new roles within the enterprise. However, given the current state of the finance function in US companies, companies first need to understand the challenges to finance—and the road map to increasing its strategic capabilities.

erp equal forecast accuracy  a single instance of ERP software and a common chart of accounts (see Figure 7). When they used multiple instances or even multiple applications, the cost was more than 50% higher than with the single instance and common chart of accounts. Figure 7: Comparison of Single- Instance ERP versus Multiple/Applications Planning/ Budgeting/ Forecasting Cost Accounting/ Cost Management Evaluating and Managing Financial Performance Single-instance accounting software/ERP, common chart of accounts $1.60 $1.69 $1.87 Read More

Deacom ERP Software System (version 14.4) for Process ERP Certification Report


Deacom ERP Software System (version 14.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) for process manufacturing 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 equal forecast accuracy  ERP Software System (version 14.4) for Process ERP Certification Report Deacom ERP Software System (version 14.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) for process manufacturing 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 Read More

ERP for Small and Midsized Companies: Time for a Decision


Until recently, enterprise resource planning (ERP) software was rarely considered for use in smaller firms, as core benefits—better business management via coordinated, standardized information and analysis—were often outweighed by costs and complexities of ERP systems. A variety of options have emerged to overcome concerns of the past. Read on the key considerations in an ERP decision and critical implementation factors.

erp equal forecast accuracy  costs and complexities of ERP systems. A variety of options have emerged to overcome concerns of the past. Read on the key considerations in an ERP decision and critical implementation factors. Read More

Justification of ERP Investments Part Two: The Intangible Effects of ERP


The intangible or non-financial benefits of an integrated enterprise resource planning (ERP) system can be viewed from several perspectives. For illustrative purposes, the discussion will focus on the benefits for accounting, product and process design, production, sales, and management information system MIS functions. From the overall company standpoint, ERP provides a framework for working effectively together and providing a consistent plan for action. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

erp equal forecast accuracy  of ERP Investments Part Two: The Intangible Effects of ERP The Intangible Effects of ERP* The intangible or non-financial benefits of an integrated enterprise resource planning (ERP) system can be viewed from several perspectives. For illustrative purposes, the discussion will focus on the benefits for accounting, product and process design, production, sales, and management information system (MIS) functions. From the overall company standpoint, ERP provides a framework for working Read More

Justification of ERP Investments Part Three: Costs of Implementing an ERP System


Enterprise resource planning (ERP) implementation costs can be divided into one-time costs and ongoing annual costs. Both types of costs can be segmented into hardware, software, external assistance, and internal personnel. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

erp equal forecast accuracy  of ERP Investments Part Three: Costs of Implementing an ERP System Enterprise resource planning (ERP) implementation costs can be divided into one-time costs and ongoing annual costs. Both types of costs can be segmented into hardware, software, external assistance, and internal personnel. *This is Part Three of a four-part article reprinted from Maximizing Your ERP System by Dr. Scott Hamilton. Bridging the theory and realities of current ERP systems, Maximizing Your ERP System provides pract Read More

Midmarket ERP Solutions Buyer’s Guide


For all but the smallest organizations, an enterprise resource planning (ERP) system promises big gains, helping to grow revenue, increase productivity company-wide, improve efficiency throughout the enterprise, and manage costs. In this guide, you’ll find details on what to look for in a midmarket ERP package, the benefits it should bring to your midsize company, and what you need to know before you commit to a solution.

erp equal forecast accuracy  ERP Solutions Buyer’s Guide For all but the smallest organizations, an enterprise resource planning (ERP) system promises big gains, helping to grow revenue, increase productivity company-wide, improve efficiency throughout the enterprise, and manage costs. In this guide, you’ll find details on what to look for in a midmarket ERP package, the benefits it should bring to your midsize company, and what you need to know before you commit to a solution. Read More

ERP as a Living System: The Power of Community-Driven Product Enhancement


Today’s manufacturer is challenged by static enterprise resource planning (ERP) with annual complex upgrades. See how powerful change-on-demand capabilities allow companies to instantly align their ERP and business processes without a time-consuming IT effort. With a community-driven development approach, enhancements are driven by a community of users, and the system constantly improves in the exact way a user requires.

erp equal forecast accuracy  to instantly align their ERP and business processes without a time-consuming IT effort. With a community-driven development approach, enhancements are driven by a community of users, and the system constantly improves in the exact way a user requires. Read More

ERP Trivia - Every Why Should Have Its Wherefore Part 2: ERP Key Success Factors


ERP systems, in fact, are devised to operate by codifying a set of business processes and employees have to learn the whys, wheres and whos of the business process (workflows) rather than hows of the software screens.

erp equal forecast accuracy  Its Wherefore Part 2: ERP Key Success Factors ERP Trivia - Every Why Should Have Its Wherefore Part 2: ERP Key Success Factors P.J. Jakovljevic - August 29, 2001 Executive Summary  What has long been a general feeling based on rumors, news headlines and some casual survey reports hidden within analyst houses'' vaults and largely inaccessible to the mass audience owing to exorbitant subscription fees, has recently been confirmed in a more tangible manner. Namely, many major companies are having difficulty Read More

Epicor ERP (v. 9.05): ERP for SMB Certification Report


Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for small to medium businesses (SMBs) in TEC's ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

erp equal forecast accuracy  ERP (v. 9.05): ERP for SMB Certification Report Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for small to medium businesses (SMBs) in TEC''s ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More

CDC Ross ERP for Process Manufacturing ERP Certification Report


CDC Ross ERP is TEC Certified for online evaluation of process 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 equal forecast accuracy  Ross ERP for Process Manufacturing ERP Certification Report CDC Ross ERP is TEC Certified for online evaluation of process 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. Read More

Ross ERP (V 7.0.3) Is TEC Certified for Process Manufacturing ERP


TEC is pleased to announce that Ross ERP (V 7.0.3) by Aptean is now TEC Certified for process manufacturing enterprise resource planning (ERP). Ross ERP aims to address the unique needs of process manufacturers, such as complex inventory management (including the complexities around variable raw material inputs), backward and forward lot trace, recipes/process specifications, quality test results, product costing, and sales pricing/bracket pricing.

erp equal forecast accuracy  ERP (V 7.0.3) Is TEC Certified for Process Manufacturing ERP TEC is pleased to announce that Ross ERP (V 7.0.3) by Aptean is now TEC Certified for process manufacturing enterprise resource planning (ERP).   Ross ERP is built for process manufacturers looking for a complete solution to manage formula and recipe-based manufacturing. The solution’s core components include: Financials ( AP, AR, fixed assets, GL, and project accounting); Manufacturing (maintenance management, materials requirements Read More