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Software Functionality Revealed in Detail
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 forecast accuracy erp

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 » forecast accuracy erp

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.

forecast accuracy erp  returns, competitive analysis, sales forecast performance, item analysis, and cost variance reporting. Last but not least, eConfigure a Web-based sales configuration solution is also a key module in ERP Plus. Product Strategy Because rewriting ERP Plus'' current client/server architecture, so it becomes .NET-compliant will do little to serve Verticent''s market, and will be a huge expense for the vendor, the solution will remain on its current traditional client/server architecture. On the other hand, the e Read More

PeopleSoft Revamps World for Its Mid-Market "Express" Conquest Part One: Recent Annoucements


Amid an intensifying hullabaloo in the mid-market, with all tier one players delivering solutions tailored for small-to-medium enterprises (SMEs) and incumbent tier one and tier three vendors defending their turf, PeopleSoft seems to have thrown another strike by utilizing its acquisition of former J.D. Edwards.

forecast accuracy erp  and improve planning and forecast accuracy. Financial Management—New features allow users to fairly quickly respond to organizational changes, streamline balancing and reconciliation with enhanced reporting capabilities, simplify management of fixed assets, and leverage enhancements to the cash basis accounting functionality. Human Capital Management (HCM)—The product meets new regulatory requirements for SUI (State Unemployment Insurance) and provides employers with faster, more accurate assessments Read More

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.

forecast accuracy erp  which they can accurately forecast and stock on their shelves, no longer necessarily meet the needs of their customers. They have found that thirteen week lead times are no longer acceptable, nor even ten weeks, or three weeks. Customers are becoming more demanding. While sales may remain strong, their ability to deliver begins to suffer. These companies are feeling the effects of our rapidly changing world, in spite of the barriers they have erected to protect themselves from this reality. What happens Read More

Nine Ways to Use ERP to Make the Manufacturing Supply Chain Lean


There are entire books and thorough training and certification processes devoted to lean supply chain practices. But within any manufacturing environment, there are a few relatively simple steps that will help any enterprise make its supply chain lean. In this article, we will touch on these simple measures—measures that any company can take.

forecast accuracy erp  2. Demand Planning—Minimize the forecast error and improve customer service without sacrificing inventory turns. Tip Four: Master the Demand Forecasting Process Too many companies fail to give demand forecasting the attention it deserves, and this is often the undoing of even the most aggressive lean supply chain project. If you think of a demand forecast, the more accurate it is, the better position you are to supply to the market with what the market needs. Conversely, basing a lean supply chain Read More

TEC's Mid-market ERP-Distribution Buyer’s Guide


Midsize manufacturers and distributors now have access to an array of powerful software solutions that simply weren’t available before. But with so many choices, you need accurate and unbiased information. This comprehensive guide from TEC and SupplyChainBrain provides a state-of-the-market analysis, success stories from your peers, in-depth information on solutions, and a directory of the leading vendors in the field.

forecast accuracy erp  common industry fact that forecast accuracy is at about 80 percent. This means that often 20 percent of everything that is manufactured is deemed to be at risk immediately and may never sell. In other words, potentially 80 percent of a company''s inventory is active product that is currently selling. The remaining 20 percent is either slow-moving or will never sell simply because of the inevitably inaccurate forecast. Also, excess inventory scenarios often exist within worldwide services and warranty rep Read More

ERP in Manufacturing 2012: The Evolving ERP Strategy


This Aberdeen Group report, based on over 170 survey respondents in manufacturing, provides best-in-class manufacturing approaches to ERP strategy. Today, 92% of manufacturers have implemented ERP. Still, recent data finds that a successful ERP implementation goes well beyond just putting it into place. ERP, and the organization itself, should be constantly moving forward. Successful manufacturers tailor ERP in reaction to business change and needs including adding new functionality or mobile access.

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A Guide to Selecting the Right ERP Partner


Enterprise resource planning (ERP) systems enable organizations to reduce costs, become easier for customers to do business with, and manage growth expectations. As organizations determine their ERP strategy, they need to choose the right ERP vendor partner. This guide explores the "pros and cons" of the four types of ERP partners: partner ecosystems, frameworks, best-of-breed packages, and end-to-end integrated solutions.

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ERP Upgrades: What's Your Philosophy? 2012 OAUG Survey on Enterprise Application/ERP Suite Upgrade Strategies


Moving to the latest release of an enterprise resource planning (ERP) system is often perceived as a daunting task. But a new survey of enterprise system managers finds that most ERP upgrade efforts tend to be short in duration, fall within reasonable budgets, and rarely disrupt the business at large. Download this report for detailed survey results tracking enterprise application suite upgrade activity at respondents' businesses.

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Beyond Traditional ERP: ERP Features and Functions for Engineer-to-order Manufacturers


Due to the complexity of engineer-to-order (ETO manufacturing, companies must move beyond the features typically offered by a traditional enterprise resource planning (ERP) implementation. Learn about the specific ERP features and functions that help ETO manufacturers reduce costs, shorten cycle times, and improve ordering while maintaining high quality, and discover the key steps to enhance an ETO ERP implementation.

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Feds Warms Up to ERP Spending, but Will Contractors and Their ERP Vendors Comply? Part One: Event Summary and Market Impact


There has been noise in the US public sector about a strong federal (Feds) interest in ERP applications. This, coupled with the Feds customary huge purchasing appetite for goods and services ranging from consulting to purchasing military devices and components, building, many businesses that have previously competed only in the commercial sector are tempted to feed the Feds. However, the Feds' peculiar and idiosyncratic regulatory requirements provide high barriers to entry, and novice companies that are not already offering the functionality for the sector will likely not be able to tap the recent surge in Defense and other federal markets.

forecast accuracy erp  on professional services. INPUT''s forecast shows spending for ERP professional services increasing from $3.7 billion (USD) in fiscal 2004 to $5.1 billion (USD) in fiscal 2009. As leading providers of ERP systems and services, the document mentions Computer Sciences Corporation ( CSC ), Northrop Grumman Corporation , Lockheed Martin Corporation , Oracle , Accenture , Science Applications International , General Dynamics , Electronic Data Services , IBM , end so on. More information can be obtained from Read More

Sage 100 Standard ERP for Distribution ERP Certification Report


Sage 100 Standard ERP (formerly Sage ERP MAS 90), v. 4.5, is TEC Certified for online evaluation of distribution solutions in TEC's enterprise resource planning (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.

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Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System


Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing environments. This section explains the quantifiable benefits in terms of several areas of improvement. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

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


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

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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.

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WorkWise RB-ERP Is TEC Certified for Discrete Manufacturing ERP


Role-Based ERP (RB-ERP) by WorkWise is now TEC certified in the discrete manufacturing enterprise resource planning (ERP) software space. The RB-ERP product has a number of well-designed features and components; along with core ERP capabilities, the product has easy-to-use analytics that are enhanced by an extensive set of pre-built metrics, mobile device support for manufacturing and factory operations, a robust built-in product configurator, the eProduction shop floor module, and extensive product data management (PDM) functionality via the engineering workbench.

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