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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...
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...
Identifying the ROI of a Software Application for SCM Part 3: Performing the Data Analysis
By using software tools that help you forecast and work together with others inside your organization, and even with your customers, the forecasts may become

forecast accuracy improvement scm  schedule changes due to forecast errors by that amount. Research average WIP and reduce that by the same factor. Put a procedure in place to track premium shipments that are paid by your company by reason code. Take the premium freight that is caused by bad forecasts to the bottom line. Then, since you made an assumption that forecasts could be 50% more accurate, you will need to perform some sensitivity analysis. Vary the 50% and see what the results tell you. This kind of simulation model can be 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...
Charting a New Course in Effective Distribution Supply Chain Management
Wholesale distributors that pursue growth while neglecting supply chain effectiveness are putting their long-term survival at risk—usually for no good reason

forecast accuracy improvement scm  calculating the SKU/location end-demand forecast with the intent of improving buy accuracy and cutting significant inventory from the operation. Subsequent planned steps include: driving the demand forecast through allocation planning; reconciling incoming levels against distribution center capacity requirements and inventory histories and, eventually, applying the forecast to both labor and shipping requirements. The initiative is projected to reduce total inventory in the supply chain by 13% with 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...
Supply Chain Management (SCM)
Supply chain management (SCM) systems are used to coordinate the movement of products and services from suppliers to customers (including manufacturers

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Driving Continuous Supply Chain Improvement and Savings
In the 40 or so years since the Toyota Production System first introduced the principle of sustainable elimination of waste in business, supply chains have

forecast accuracy improvement scm  Waer, aerospace, supply chain, lean, cost reduction, vendor-managed inventory, VMI, Airbus, WAERlinx, Rolls Royce, S&OP Read More...
Grupo Karim’s Selects NGC’s Fashion PLM and SCM Solution
NGC Software, a provider of product lifecycle management (PLM), supply chain management (SCM), enterprise resource planning (ERP), and shop floor control

forecast accuracy improvement scm  
A Tale of a Few Good SCM Players - Part 1
Throughout the late 1990s and the mid-2000s, Manhattan Associates was the epitome of a well-managed supply chain management (SCM) software company in terms

forecast accuracy improvement scm  to include Planning and Forecasting, and Inventory Optimization (IO) modules. While the best-of-breed IO vendors like  SmartOps ,  Optiant , and  ILOG LogicTools  (now part of IBM ) do not compete with Manhattan for the same business, these same vendors, at least in my observation, have a somewhat different view of the IO world than Manhattan does. Namely, all of the above named companies are manufacturing-process-centric. They provide bolt-on optimization engines essentially for  enterprise Read More...
Stream-Based Architecture of Software Configuration Management (SCM)
Most software configuration management (SCM) systems rely on metadata annotations to support basic system operations, such as computing the contents of software

forecast accuracy improvement scm  
How Best-in-class Plan, Budget, and Forecast in Today’s Dynamic World
Prospects for the global economy remain precarious. But effective financial planning, budgeting, and forecasting can enable successful decision making even in

forecast accuracy improvement scm  Best-in-class Plan, Budget, and Forecast in Today’s Dynamic World Prospects for the global economy remain precarious. But effective financial planning, budgeting, and forecasting can enable successful decision making even in periods of unprecedented change. Dynamic financial planning enabled through five key elements—process, organization, knowledge management, technology, and performance management—give business leaders the tools to take action and emerge even stronger. Find out how. Read More...
Software Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement
Pursuing an alternative strategy for software evaluation and selection, based on the capital investment paradigm and the principles outlined in this article, is

forecast accuracy improvement scm  
The SCM Perspective: 2009 in Review-and What You Can Do to Weather the Storms of 2010
In spite of the 2009 recession, some SCM vendors were able to create traction in the supply chain space this year. From an industry landscape perspective, three

forecast accuracy improvement scm  

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