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Software Functionality Revealed in Detail
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 erp modeling 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

Recruitment and Staffing

Recruitment and Staffing functionality allows the user to select and hire the right people with the right skill sets, as well as track the information regarding their recruitment for later analysis. It covers criteria such as Organization Structures and Modeling, Corporate Branding, Sourcing, Applicant Tracking, Assessment and Selection, Governance and Compliance, Vendor Management Systems (VMS) Portal, Recruitment Analytics and Reporting, and Product Technology. 

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Documents related to » erp modeling 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 modeling forecast accuracy  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 Forecasting Accuracy Assessment | ERP Forecast Accuracy Statistics | ERP Forecasting Accuracy Assortments | ERP Documents Read More

ToolsGroup-Going Back to Its SCP Roots


What has ToolsGroup, the expert in demand-driven SCP, been doing to address demand and supply variability? Read P.J. Jakovljevic’s article and see how ToolsGroup has developed sophisticated software that analyzes demand history across multiple dimensions, enabling companies to obtain more accurate forecasts and inventory targets for driving outstanding customer-service levels with less global inventory in their supply chains.

erp modeling forecast accuracy  , and other legacy ERP and/or supply chain management (SCM) systems. ToolsGroup is headquartered in Boston, Massachusetts, and in Amsterdam, the Netherlands. The company also has offices in major cities throughout Europe and distribution partners around the world. The company operates out of five offices in Europe, three in North America, and one in Cape Town, South Africa. ToolsGroup partners represent the vendor in other countries, such as Sweden, Israel, and Poland, while a new representative in Japan Read More

Coordinating Outsourced Manufacturing: A Win-win Proposition for Both Sides of Manufacturing Partnerships


Managing the demands of constant change is one of the biggest challenges facing the electronics manufacturing services (EMS) industry today. Collaboration between original equipment manufacturers (OEMs) and contract manufacturers (CMs) can help both sides leverage the supply chain to manage change. Find out about a solution that can help you create a successful collaboration strategy that optimizes your supply chain.

erp modeling forecast accuracy  they''re sending us their ERP data. We want to get that customer order, so we''ll do a very high-level analysis: if we get this order, what might happen if there are constraints within the supply chain? Being able to see their data helps us work better and collaborate more effectively with our partners, Sforza says. For instance, if a BOM was loaded inaccurately in their ERP system and it wasn''t noticed, and someone on the Lucent side happens to see that, we work with our partners to correct it. Another Read More

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


Part I of this blog series introduced the notion of long tails in modern supply chains. That blog post also introduced the vendor ToolsGroup and its solution for planning and optimizing finished goods in distribution environments. So, How Does ToolsGroup Solve the Distribution Puzzle? Most of the benefits are driven here by the distinctive Stock Mix Optimization capability that has delivered

erp modeling forecast accuracy  module “talks” to the ERP system’s Production Planning module and identifies short and long term gaps between the actual figures and the optimal plan''s (recommended) ones. The idea of the above three-legged-stool process is to rationalize the trade-off of inventory vs. service, given the constant demand variability and re-supply parameters (policies). With S&OP at its core, the practice helps with generating an inventory and service level plan by item and location that optimizes inventory mix and in Read More

Current Trends in Supply Chain Analytics Systems


Supply chain analytics is gaining popularity with organizations, as it is an effective mechanism to monitor and track supply chain performance. And with new technological innovations promising to enhance these tools, businesses can look forward to benefiting more fully from this area of supply chain management.

erp modeling forecast accuracy  planning systems (that is, enterprise resource planning [ERP] and supply chain planning [SCP] and optimization systems ), or data can be uploaded into the DW through flat files. (See Figure 1.) Figure 1. The flow of information to the supply chain analytics system from other key enterprise systems. Based on my experiences working on supply chain projects with a variety of companies, Table 1 shows how user companies rate the supply chain analytics system features discussed above. Functionalities Essential Read More

The ERP Ecosystem


Three major parties (vendors, consulting services, and adopting organizations) are identified in the ERP ecosystem, in which different parties need different key success factors. This article also discusses some challenges that may have an impact on the ERP ecosystem.

erp modeling forecast accuracy  ERP Ecosystem Considering the short life cycles of many things we experience these days, enterprise resource planning (ERP) has a long history, if we trace it back to the advent of inventory management and control systems in the 1960s. After forty years of development, ERP has grown to an industry with over $30 billion (USD) in application revenue (AMR Research, 2007), with an ecosystem that has grown to a mature level allowing every party within to function together, with all other factors of the Read More

The Path to ERP for Small Businesses, Part 3: Selection of ERP Software


The third and final part of the path to ERP for small businesses series describes the software selection stage, including the dos and don’ts during vendor product demos, how to create a shortlist, and finally selecting the vendor that provides the best product and services for your needs.

erp modeling forecast accuracy  Path to ERP for Small Businesses, Part 3: Selection of ERP Software Parts 1 and 2 of this series described the processes of research and evaluation of enterprise resource planning (ERP) software. At the end of these two stages, you should have a pretty good idea which type of software might fit the needs of your organization and which vendors might provide this solution. Part 3 will describe the final stage—selecting the software that best fits your specific needs. You started by defining the main Read More

Aquilon for ERP for SMB Certification Report


Aquilon is TEC Certified for online evaluation of enterprise resource planning (ERP) for small to medium business (SMB) 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 modeling forecast accuracy  for ERP for SMB Certification Report Aquilon is TEC Certified for online evaluation of enterprise resource planning (ERP) for small to medium business (SMB) 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

The Path to ERP for Small Businesses, Part 2: Evaluation of ERP Software


If you’ve gone through the research phase while looking for ERP, the next major step is the evaluation process. At the end of it, you should have a shortlist of products that best fit your needs, which will be used in the final stage: the selection.

erp modeling forecast accuracy  Path to ERP for Small Businesses, Part 2: Evaluation of ERP Software Part 1 of this series of articles described the process of research , the first important step in any software selection project. Part 2 will describe the evaluation of the products available in the market to determine which one fits best for the needs and requirements defined during your research, which will help you create the shortlist that will be used to make the final decision. Once you have the list of main processes and the wor Read More

Welcome to ERP Showdown: Infor ERP LN 6.1 vs. Epicor Vantage vs. Lawson M3 Discrete Manufacturing Solutions


I'm Larry Blitz, editor of TEC’s Vendor Showdown series. With enterprise resource planning (ERP) systems being the information backbone of the organization, we decided to take a closer look at three of the more popular discrete ERP solutions for the mid-market. Using TEC's ERP Evaluation Center, we compared Infor ERP LN 6.1, Epicor Vantage, and Lawson M3 Discrete Manufacturing Solutions head-to-head, based on the most recent data supplied to us by the three vendors.

erp modeling forecast accuracy  to ERP Showdown: Infor ERP LN 6.1 vs. Epicor Vantage vs. Lawson M3 Discrete Manufacturing Solutions ERP Showdown: Infor ERP LN 6.1 vs. Epicor Vantage vs. Lawson M3 Discrete Manufacturing Solutions I''m Larry Blitz, editor of TEC''s Vendor Showdown series. Today''s Showdown features Infor ERP LN 6.1 vs. Epicor Vantage vs. Lawson M3 Discrete Manufacturing Solutions in a head-to-head comparison across the full range of discrete ERP functionality. I hope you find this Showdown helpful and informative, and 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 modeling 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 Mixed-mode Manufacturing ERP Certification Report


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erp modeling forecast accuracy  100 Standard ERP (v. 4.5) for Mixed-mode Manufacturing ERP Certification Report Sage 100 Standard ERP (formerly Sage ERP MAS 90), v. 4.5, is TEC Certified for online evaluation of mixed-mode 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 Read More

2011 Trends Report: Enterprise Resource Planning (ERP)


Enterprise resource planning (ERP) automates many aspects of an organization’s operations, cascading across traditional boundaries of operations, finance, manufacturing, and more. As such, changes in the ERP market can cause a ripple effect in an organization’s business. In this report, five Focus experts share eight of their 2011 predictions for ERP, so you can plan your business around these changing tides and trends.

erp modeling forecast accuracy  such, changes in the ERP market can cause a ripple effect in an organization’s business. In this report, five Focus experts share eight of their 2011 predictions for ERP, so you can plan your business around these changing tides and trends. Read More

IFS Applications (v. 7.5) for Process Manufacturing ERP Certification Report


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erp modeling forecast accuracy  7.5) for Process Manufacturing ERP Certification Report IFS Applications (v. 7.5) 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

Sage 500 ERP Certification Report (ERP for Distribution)


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erp modeling forecast accuracy  500 ERP Certification Report (ERP for Distribution) Sage 500 ERP (formerly Sage ERP MAS 500) is TEC Certified for online evaluation of enterprise resource planning (ERP) for distribution 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