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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...
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Documents related to » forecast accuracy improvement scm


SAP SCM-Stepping Out of Obscurity
Major new SAP products are being released in the realms of supply chain management (SCM), manufacturing execution systems (MES), and product lifecycle

forecast accuracy improvement scm  intelligence (i.e., forecast error, forecast bias, and intermittency). On the side of supply chain intelligence, there are the mean lead-time, in-transit inventory, order processing/goods receipt, and lead-time variability factors. Finally, production variability comes from the mean schedule attainment and schedule attainment variability factors. Based on scalable Oracle ’s Java Enterprise Edition (J2EE) architecture, SAP’s EIO offering is synchronized with either SAP ERP or SAP APO transactional Read More
Identifying the ROI of a Software Application for SCM Part 1: We Need To Know Now
If you are not experiencing organizational stress in some of the areas where the benefits may occur, then perhaps a decision to invest in supply chain

forecast accuracy improvement scm  look for an exact forecast of return on investment (ROI) from the purchase of a supply chain management application. At least four very real challenges make such perfect information elusive. Commonly, executives meet these challenges with responses that are not carefully considered. The challenges and the corresponding reactionary refrains are as follows: Limited time exists to perform analysis - We need to know now! Business analysis skills are lacking - We are looking for the vendor to tell us! The Read More
The Art, Science & Software Behind (Optimal) Retail Pricing - Part 5
Part 1 of this series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series

forecast accuracy improvement scm  store-specific advertising messaging Improved forecast accuracy via a single version of consumer demand, which in turns reduces excess inventory while improving customer service levels Any Concrete Results and Metrics? In summary, by doing optimized item pricing, a retailer can gain visibility into the impact of a pricing decision on the supply chain and drive more profitable decisions related to store clustering, pricing rules, promotional opportunities, and cycle times. The following are JDA’s Read More
A Tale of a Few Good SCM Players - Part 3
Part 1 of this blog post series followed the progress of Manhattan Associates from its inception in 1990 throughout the mid-2000s. During this time, Manhattan

forecast accuracy improvement scm  in inventory, improvement in forecast accuracy, improvement in asset utilization, reduction in freight costs, and so on and so forth. One of the key success factors is to ensure that these solutions, while loosely coupled, can still tie back into a broader SCM vision and platform that that enables changes to business processes and takes advantage of changes. What’s behind JDA’s Renaissance? This brings us to JDA Software , which posted a record year in 2008, had record quarters in 2009, and 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,

forecast accuracy improvement scm  Case Study: Peerless Pump Forecast Accuracy is also known as : Forecasting , Calculating Forecast Accuracy , Demand Forecast Accuracy , Measure Forecast Accuracy , Review Forecasting Accuracy , Forecast Accuracy Improvement , Forecasting Accuracy Methods , Increase Forecast Accuracy , Sample Forecast Accuracy , Equal Forecast Accuracy , Tests Forecast Accuracy , Analysts Forecast Accuracy , Assessing Forecast Accuracy , Modeling Forecast Accuracy , Uncertain Forecast Accuracy , Forecast Accuracy Results Read More
Infor M3: Supply Chain Management (SCM) Competitor Analysis Report
Criteria in this knowledge base pertain to managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management,

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Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS
Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in

forecast accuracy improvement scm  Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in-house ERP system in the early 1990s. However, homegrown software can be unwieldy to maintain and difficult to upgrade. In 2001, Fraenkel saw a solution that offered more advanced capabilities, and implemented VAI’s S2K Enterprise Edition for Manufacturing. Read More
Extending BI’s Reach: Anticipate Outcomes, Forecast Results, and Respond Proactively
Business intelligence (BI) and predictive analytics use different means but can be applied together to improve the decision process at all levels of an

forecast accuracy improvement scm  BI’s Reach: Anticipate Outcomes, Forecast Results, and Respond Proactively Business intelligence (BI) and predictive analytics use different means but can be applied together to improve the decision process at all levels of an organization. By increasing the ability to monitor and analyze data and generate predictions, BI and predictive analytics can help an organization gain proactive control of its business. TEC analyst JorgeGarcía explains how. Read More
Process Improvement and the Balanced Scorecard
Process improvement efforts often go hand in hand with a balanced scorecard (BSC). A BSC provides management with a set of key result indicators (KRI) to assess

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Process Improvement in ERP Implementations
Installing a new enterprise resource planning (ERP) system is both challenging and exciting. Yet many organizations do not recognize that one of the largest

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Achieving Compliant Manufacturing Excellence through Real-time Performance Management and Continuous Improvement
Life sciences manufacturers face new pressure on operations from many directions, including market needs, compliance requirements, and the transition to new IT

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Macola ERP Supply Chain Management (SCM)
The definition of a successful manufacturing enterprise is one that builds the right products, at the right time, for the right price. That@s why so many

forecast accuracy improvement scm  the ability to accurately forecast customer demands, and continues with effective planning and scheduling of the flow of materials through the enterprise, to assure on-time delivery and maximum discounts from suppliers. The vendor''s solutions enable users to track orders from beginning to end, right out to the customer. And users can make changes on the fly. All corporate information is located in one database, saving employees valuable time when looking for information. Drill-down reporting and analysis Read More
J.D. Edwards Saved By SCM, Narrowly, And Only For Now
On March 5, J.D. Edwards reported financial results for Q1 2001. Although the company posted a symbolic profit, the revenue decline begs the question why the

forecast accuracy improvement scm  jd edwards support,jd edwards as400,jde jobs,jd edwards upgrade,jd edwards consultant,jde software,jde as400,jdedwards jobs,jdedwards software,jde e1,jde hosting,jd edwards developer,jd edwards certification,jd edwards documentation,jde training Read More
E2open Buys icon-scm, Makes Waves in Supply Chain Space
E2open and icon-scm have just combined to create a collaborative planning and execution software stalwart, enabling brand owners and their trading partners to

forecast accuracy improvement scm  plan generation (demand planning, forecasting, inventory optimization, etc.) and far too little on horizontal process enablement. SCM is a ''team sport'', requiring different functions to work together to solve a problem. Some soccer teams have always had brilliant individual players, but these teams seldom do well on the world stage, because they play as individuals, not as a team (the Netherlands and my home countries, former Yugoslavia and now Serbia, being great examples). Germany and the current team Read More
Forecast Less and Get Better Results
Forecasting and planning conventions dictate that planning far into the future is a necessity. But is long-term planning really the most productive way to

forecast accuracy improvement scm  Less and Get Better Results Forecasting and planning conventions dictate that planning far into the future is a necessity. But is long-term planning really the most productive way to organize your business? No, not really. Detailed forecasts and plans are needed only inside the “planning time fence”—a critical period for acquiring specific components and building certain products—and for many companies, only four to eight weeks into the future. Read More

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