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Discrete Manufacturing (ERP)
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 or...
 

 estimation

Product Lifecycle Management (PLM) Comprehensive RFI/RFP Template

ore PLM for both discrete and process industries (Engineering Change Management, Data Vaulting, BOM Management, Recipe Management, Product Cost Estimation, etc.), Product Development and Portfolio ... Get this template

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Discrete Manufacturing (ERP)
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 or...

Documents related to » estimation

Software Estimation Inside-out


Software size estimation is one of the most critical and difficult activities in the software planning process. Measuring software size goes a long way toward determining the effort, schedule, and budget required for a project. Learn how misjudging or misunderstanding the scope and size of a project can result in budget and schedule overruns, and failed deliveries that can cause total project failure.

estimation  Estimation Inside-out Software size estimation is one of the most critical and difficult activities in the software planning process. Measuring software size goes a long way toward determining the effort, schedule, and budget required for a project. Learn how misjudging or misunderstanding the scope and size of a project can result in budget and schedule overruns, and failed deliveries that can cause total project failure. Read More

Paradoxes of Software Estimation


Software development has spawned an independent industry in its own right. But the processes of asking for service, offering service, and pricing are all somewhat haphazard. Perhaps it's time to focus efforts on resolving the key paradoxes of software estimation.

estimation  of Software Estimation Introduction Software development has spawned an independent industry, with organizations offering software development services exclusively. As it is perhaps in the nascent stages, the processes of asking for service, offering a service, and pricing are all somewhat haphazard. Software development falls into the category of the services industry as opposed to the product industry—that is, a service is offered, and not a product. Many parallels can be drawn with similar Read More

Productivity for Software Estimators


Presently, software estimation is considered to be an art rather than a science. At the heart of this perception is the lack of understanding of the concept of "productivity." This article attempts to provide insight into the concept of productivity.

estimation  Concerns with Software Size Estimation The present scenario in the software industry is that there are multiple units of software size measures. These units of measure include function points, use case points (UCP), object points, feature points, Internet points, test points, mark II function point analysis (FPA), lines of code (LOC), etc. There is no accepted way of converting software size from one unit of measure into another. One odd aspect of these measures is that the size of the software is Read More

Software Estimation How to Go About It


While many software professionals know one or more software sizing techniques—most have a reasonable understanding of function point analysis (FPA) or use case point techniques—they’re often stymied when it comes to making a real-life estimate. Learn a methodology that can help you make realistic estimates, including best- and worst-case scenarios that you can use to make pricing and delivery commitments to clients.

estimation  Estimation How to Go About It While many software professionals know one or more software sizing techniques—most have a reasonable understanding of function point analysis (FPA) or use case point techniques—they’re often stymied when it comes to making a real-life estimate. Learn a methodology that can help you make realistic estimates, including best- and worst-case scenarios that you can use to make pricing and delivery commitments to clients. Read More

The Delphi Technique for Software Estimation


The Delphi technique—drawing wise counsel from senior and experienced software developers—can help you prepare estimates for software development projects. With this method of software estimation, project specifications are given to a few experts, depending on their availability. Learn about the essential steps involved in this software estimation methodology for more accurate estimates of software development effort.

estimation  Delphi Technique for Software Estimation The Delphi technique—drawing wise counsel from senior and experienced software developers—can help you prepare estimates for software development projects. With this method of software estimation, project specifications are given to a few experts, depending on their availability. Learn about the essential steps involved in this software estimation methodology for more accurate estimates of software development effort. 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.

estimation  Supply Chain Forecasting , Estimation , Prediction , Accuracy Method , Business Forecasting , Econometric Forecasting , Economic Forecasting , Forecasting Adjustment . Peerless Pump has been designing, engineering and manufacturing pumps for more than 80 years. Although its first pumps were used to irrigate orange groves in California, its pumps today are used for a wide spectrum of applications across the globe. Some of the tallest skyscrapers in the world rely on Peerless Pump for fire protection Read More

PTC Windchill Version 9 versus Version 10: Is Version 10 the Most Significant Windchill Release in PTC’s History?


The latest iteration of PTC Windchill (v. 10) for product lifecycle management (PLM) has been described as ‘the most significant Windchill release in PTC’s history.’ In his article, TEC research analyst Gabriel Gheorghiu compares the last two versions of PTC Windchill, and outlines how the functionality enhancements in PTC Windchill 10 make the product suitable for product creation, development, and lifecycle management.

estimation  is for product cost estimation functionality, for which PTC Windchill 9 offers a lower level of support than the average solution, whereas version 10 fully supports it out of the box. Functionality for change management, design and project collaboration, and computer aided design (CAD) design integration has also been significantly improved in version 10. Core PLM for Process Industries is another module where the new functionality for product cost estimation has a great influence on the overall level of Read More

The Anatomy of Retail Sourcing Processes


The most successful retailers are those that continually focus on driving the very best performance from each of their suppliers, and that work collaboratively to improve performance in areas such as on-time delivery, product quality, and regulatory compliance.

estimation  collect supplier-quoted costs; and estimation of total landed costs for all sourcing scenarios while considering optimal transportation routes. Like its i2 CTO counterpart mentioned previously in The Promise (and Complexities) of Private Labels , i2 Total Landed Cost Sourcing will be available in the i2 Business Content Library , a repository of process and technology solutions based on i2''s extensive supply chain domain expertise. The idea here is for organizations to use these solutions without Read More

SAP's Approach to the Retail Market


SAP and its ERP peers appear to understand that continuously improving the way enterprise information is presented and by marrying analytics, optimization, and retail operation systems on top of an ERP platform is starting to win over retailers.

estimation  entire enterprise, and easier estimation of overall project cost and implementation management through primary relationship (i.e., one throat to choke ). The business opportunity is to move from supply- to demand-driven retailing, via merchandizing, replenishment, pricing, promotions, consumer loyalty schemes, and multichannel management systems, all working off the single ERP platform. However, the retail vendors'' Holy Grail has become working with information from heterogeneous sources, an order du Read More

Supply Chain Planning in 2000: The Brains Behind Internet Fulfillment


The supply chain planning market will top $2.5 billion in 2000, driven in large part by the needs of Internet customer fulfillment.

estimation  1. SCP market size estimation is not a straightforward procedure. Less than four years ago, twenty vendors shared roughly 90% of the SCP market. Most of these were small, private companies that offered solutions within a particular specialty. Since that time, acquisitions and mergers have reduced the fragmentation of the SCP market, though at the expense of its precision. A large portion of the SCP market is embedded within broader application suites and most vendors are loath to divulge segmented Read More

Buy, Build, or Somewhere Between


Whether an organization buys or builds a resource management solution depends on a number of factors, and both approaches has its pros and cons. There is, however, a third option, one that allows a company to take a "somewhere between" approach. This latter approach, is made possible by ERP II which employs c-commerce and the use of sufficiently mature technology software programs.

estimation  on custom development initiatives. Estimation of project duration and costs is, therefore, often speculative. Functionality must be built from scratch, and project scope and process modeling need to be completed and understood before development begins. Getting either of these wrong may result in significant overruns to timelines and budgets. Organizations on the build route also assume the risks of implementation, maintenance, and have the responsibility for keeping abreast of technological advancement Read More

Criteria for Selecting a Software Estimation Tool


A plethora of software estimation tools are available, each claimed to be better than the others, thereby confusing prospective buyers. An effective tool ought to provide for all four aspects of software estimation, namely, size, effort, cost, and schedule.

estimation  for Selecting a Software Estimation Tool Software development outsourcing has now become commonplace. So, it has become necessary for the outsourcer and the provider to reach an agreement about the size, development effort, cost, and development schedule of the software product being outsourced. This has caused software estimation to move from hunch-based estimation to the use of mature, research-backed estimation techniques. The process of estimation has also moved from manual estimation using Read More

Margin Squeeze and Globalization in the Food and Beverage Industry


In the food and beverage industry, the channel master makes final volume decisions and mostly controls the unit price, with the manufacturer having limited power to increase or maintain prices. The only real variable the manufacturer does control is cost.

estimation  forecasting (and ultimately the estimation of demand) in the food and beverage industries is highly dynamic, affected by price changes, promotions, seasonality, and many external factors. Effective demand planning is necessary to optimize manufacturing and distribution asset utilization; reduce the cost of finished goods inventory; and promote high customer service levels by minimizing stock-outs. Globalization The food industry long thought it was safe from the impacts of globalization. It reasoned that Read More

Function Points: Are They Really the Right Unit of Measure for Software Sizing?


Function points (FPs) are the most popular unit of measure for measuring the size of software. But because FPs were developed in the 1970s, are they not now outdated for today’s event-oriented programming and multi-tiered software architectures?

estimation  for Software Sizing? Software estimation is one of the first steps in software project planning. Software estimation includes estimation of software size, development effort, cost, and schedule. Function points have become the most widely used unit of measure for software size measurement. Function points (FPs) were developed at IBM by Allan J. Albrecht in the late 1970s to measure the size of the software proposed to be developed. It appears that FP methodology was oriented toward development of Read More

Siemens PLM Tackles Product Costing




estimation  product cost management and estimation software solutions. Following the acquisition, Perfect Costing Solutions will become part of the Siemens PLM Software business unit. Figure 1 At the analyst summit, Siemens PLM talked about the new realities for manufacturers whereby ever more people are collaborating, searching for more info and making complex decisions, with ever less room for error. Indeed, in this information age, aren’t we all flooded and overwhelmed by a deluge of information coming from Read More