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Software Functionality Revealed in Detail
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 erp planning 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

Discrete Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

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Documents related to » erp planning forecast accuracy

Demand Planning: Optimizing Operations across the Supply Chain


Demand planning applications can help manufacturers establish baseline sales forecasts and perform analysis to improve resource usage. They can also help manufacturers optimize pricing capabilities and better understand their markets. Yet to get the most out of these tools, manufacturers must be willing to reorganize their planning processes—and to share the resulting insights with supply chain partners and customers.

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Can ERP Meet Your eBusiness Needs? Part Two: ERP is the Foundation


As a result of this push towards full eBusiness integration, businesses face challenges that force them to push the envelope of business information systems. ERP grew from its predecessors of MRP and MRP II, constantly expanding its solution footprint to address more and more of the needs of the enterprise. As you approach eBusiness, whether you do so eagerly or are dragged there kicking and screaming, you will find your business much more exposed.

erp planning forecast accuracy  largely been ignored by ERP implementations. The mantra of quality price delivery will soon be expanded to include a fourth metric of inter-operability . Successful orchestration of the complexities of a modern business enterprise, particularly in the context of an extended, or virtually vertical enterprise, will be dependent upon a company''s ability to share information promptly, securely, and effectively with customers, partners, and suppliers. This efficient exchange of information will be required Read More

Impressive Enterprise Resource Planning Solution Gets A Little Help From Its Friends


Despite impressive product depth and breadth (for instance, customer relationship management [CRM], workflow, traceability, and quality management are provided natively), Strategic Systems International (SSI) has longstanding partnerships with several best-of-breed specialists.

erp planning forecast accuracy  integrated with the TROPOS ERP solution. For background information on SSI and TROPOS, see Vendor Defends Its Strongholds With Focused Enterprise Resource Planning Solution . For a discussion of TROPOS for selected industries, see A Focused Web-based Solution for Chemicals, Drugs, and Mill-Based Industries . For an examination of the TROPOS strategy, see Web-based Enterprise Resource Planning Solution Exhibits Lean Approach . Holistic Inventory Optimization Early in the 2000s, the company launched a partn Read More

ERP Plus and Beyond


ERP Plus provides tools that metal fabricators need to streamline their quoting, order entry, inventory control, production, labor collection, shipping, and invoicing processes.

erp planning forecast accuracy  currency for actual costing. ERP Plus also allows shop floor supervisors and planners to deliver job dispatches electronically; simulate finite loading and post their plan at work centers; and use electronic Kanban to pull demand through the shop. Finite scheduling capabilities may also enable users to create more accurate production schedules based on finite capacity constraints and simulate schedule changes by conducting what-if scenarios. Built-in workflow management capabilities can then send action m Read More

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 planning forecast accuracy  The Pharmaceutical industry needs ERP solutions that support large transaction volumes and automate purchasing and planning activities in order to react and meet constantly changing market requirements. Electrical component distribution In terms of sheer volume of SKUs, the electrical component distribution industry is among the highest. Some companies have more than 100,000 product lines. With this many SKUs, it is essential that the information on each item is correct and easy to maintain. There is Read More

Sage 100 ERP Online: ERP for SMB Competitor Analysis Report


The accounting and ERP for small and medium businesses (SMB) evaluation model targets functional requirements for a fully featured accounting solution. In addition to supporting accounting requirements, it is applicable for those researching an ERP system suitable for small and medium businesses (SMB). It includes categories such as General Ledger, A/P and A/R, Payroll, Job and Project Costing, Multinational Accounting, Manufacturing, Inventory, Technology, and much more.

erp planning forecast accuracy  100 ERP Online: ERP for SMB Competitor Analysis Report The accounting and ERP for small and medium businesses (SMB) evaluation model targets functional requirements for a fully featured accounting solution. In addition to supporting accounting requirements, it is applicable for those researching an ERP system suitable for small and medium businesses (SMB). It includes categories such as General Ledger, A/P and A/R, Payroll, Job and Project Costing, Multinational Accounting, Manufacturing, Inventory, Read More

Orion


ORION is an end-to-end software-as-a-service (SaaS)-based software application and deployment platform that provides full enterprise resource planning (ERP) functionality coupled with customer relationship management (CRM) and supply chain management (SCM) features. It can be deployed on Windows, Unix, and Linux platforms, and supports centralized, distributed, and Web-based computing architectures. Orion has been developed in an Oracle environment using robust, reliable open systems architecture. ORION can help companies integrate all areas of their businesses, including operations, manufacturing, warehouse management (WM), Web portals, and sales route accounting. Its flexible design and extensive parameterization allows it to cater to diverse business requirements. ORION is designed to handle the unique requirements of midsize to large process manufacturers and distributors in food and beverage, chemicals, life sciences, pharmaceuticals, medical devices, cosmetics, warehousing logistics, and related industries. ORION supports multicompany, multidivision/profit centers and other multidepartment/cost-center types of organizational structures. It has nine levels of accounting hierarchy.

erp planning forecast accuracy  platform that provides full enterprise resource planning (ERP) functionality coupled with customer relationship management (CRM) and supply chain management (SCM) features. It can be deployed on Windows, Unix, and Linux platforms, and supports centralized, distributed, and Web-based computing architectures. Orion has been developed in an Oracle environment using robust, reliable open systems architecture. ORION can help companies integrate all areas of their businesses, including operations, Read More

opentaps Open Source ERP


opentaps Open Source ERP offers the features and scalability required for enterprise software with the flexibility and low cost of ownership often associated with open source solutions. It is an ERP-oriented distribution of the Open For Business (OFBiz) project for end users and implementation service providers. opentaps ERP is sponsored by Open Source Strategies, Inc., one of the core developers in the OFBiz community. The OFBiz project has been available and evolving since 2001. It involves a global developer community based in the United States, Europe, and Asia and has been deployed in a product-oriented retail, distribution, and manufacturing companies.    

erp planning forecast accuracy  Open Source ERP opentaps Open Source ERP offers the features and scalability required for enterprise software with the flexibility and low cost of ownership often associated with open source solutions. It is an ERP-oriented distribution of the Open For Business (OFBiz) project for end users and implementation service providers. opentaps ERP is sponsored by Open Source Strategies, Inc., one of the core developers in the OFBiz community. The OFBiz project has been available and evolving since 2001. Read More

ERP for School Districts


The ERP knowledge base for K-12 school districts and municipalities focuses on back-office functionality, including financials, human resources (HR), and payroll. It covers important functionality for employee self-service activities, purchasing management, and inventory management.

erp planning forecast accuracy  for School Districts The ERP knowledge base for K-12 school districts and municipalities focuses on back-office functionality, including financials, human resources (HR), and payroll. It covers important functionality for employee self-service activities, purchasing management, and inventory management. Read More

Intelisis ERP


Intelisis is a customizable business solution based on three main processes: ERP, supply chain management (SCM), and customer relationship management (CRM). Intelisis ERP is a management system that integrates smart operational data, for all functional areas and departments in the same information flow, allowing for timely and effective organization. The key to the Intelisis ERP architecture is its process management, which allows the registration of administrative or operational procedures. It also includes a traceability mechanism that identifies the flow of operations, from the generation of reports and business rules to the generation of financial statements.  

erp planning forecast accuracy  ERP Intelisis is a customizable business solution based on three main processes: ERP, supply chain management (SCM), and customer relationship management (CRM). Intelisis ERP is a management system that integrates smart operational data, for all functional areas and departments in the same information flow, allowing for timely and effective organization. The key to the Intelisis ERP architecture is its process management, which allows the registration of administrative or operational procedures. Read More

ERP Buyer's Guide: 10 Tough Questions to Ask


10 questions to ask before you buy ERP lays out the most important questions to ask when researching ERP vendors and their products.

erp planning forecast accuracy  you''re looking for an ERP solution, it''s a jungle out there . As you know, there''s no shortage of vendors out there clamoring for your business, and trying to dazzle you with slick product demos. The best thing you can do is be prepared : know what you need—and know how to cut through the vendor hype. And here''s a white paper to help you. 10 Questions to Ask Before You Buy ERP lays out the most important questions to ask when researching ERP vendors and their products. Like what business problems do you Read More

ERP for Services Software Comparison Report


To find out, simply use TEC's ERP for services comparison reports to compare any three ERP for services solutions of your choice.

erp planning forecast accuracy  lot of new dedicated ERP for services solutions on the market, and here''s your chance to compare them—quickly and easily. Some of the leading solutions include Epicor for Service Enterprises, OpenAir PSA, IFS Applications, Deltek PPM and EVM products, SAP Business ByDesign, Oracle E-Business Suite, and Microsoft Dynamics AX. But which one is best for your organization? To find out, simply use TEC''s ERP for Services Comparison Reports to compare any three ERP for services solutions of your choice. You ca Read More

Reduce the Pain of ERP Upgrades with Better Planning


In the white paper reduce the pain of ERP upgrades with better planning, you'll learn how to create a successful upgrade plan, with steps for impl...

erp planning forecast accuracy  the Pain of ERP Upgrades with Better Planning Face it: system upgrades are no fun. But to really make your ERP purchase worthwhile in the long term, maintenance is key to protecting its value and serving your evolving business needs. In fact, companies that don''t upgrade miss out on the financial benefits of newer and more cost-effective technology. So how can you ensure the upgrade is a smooth transition ? In the white paper Reduce the Pain of ERP Upgrades with Better Planning , you''ll learn how to Read More

Aquilon ERP: ERP for SMB Competitor Analysis Report


The accounting and ERP for small and medium businesses (SMB) evaluation model targets functional requirements for a fully featured accounting solution. In addition to supporting accounting requirements, it is applicable for those researching an ERP system suitable for small and medium businesses (SMB). It includes categories such as General Ledger, A/P and A/R, Payroll, Job and Project Costing, Multinational Accounting, Manufacturing, Inventory, Technology, and much more.

erp planning forecast accuracy  ERP: ERP for SMB Competitor Analysis Report The accounting and ERP for small and medium businesses (SMB) evaluation model targets functional requirements for a fully featured accounting solution. In addition to supporting accounting requirements, it is applicable for those researching an ERP system suitable for small and medium businesses (SMB). It includes categories such as General Ledger, A/P and A/R, Payroll, Job and Project Costing, Multinational Accounting, Manufacturing, Inventory, Read More