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Discrete Manufacturing (ERP)
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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...
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...
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...
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...
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...
Managing Vendor Code Customizations with AccuRev Stream-based SCM
Customizing third-party “vendor” source code is becoming increasingly common. But managing the incorporation of vendor application releases alongside

forecast accuracy improvement scm   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...
Pursuing Manufacturing Excellence through Real-time Performance Management and Continuous Improvement
Today’s manufacturers are feeling pressures from many directions. Dynamic market needs, increased compliance requirements, more distributed manufacturing

forecast accuracy improvement scm   Read More...
TEC 2013 Supply Chain Management (SCM) Market Survey Report
This report gives an overview of current considerations for organizations seeking to purchase a supply chain management (SCM) software solution. Based on

forecast accuracy improvement scm  Supply Chain Management software,SCM software,TEC market survey,SCM Read More...
Supply Chain Management (SCM) Software Evaluation Report
Criteria in this Software Evaluation Report pertain to managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand

forecast accuracy improvement scm   Read More...
''Collaborative Commerce'': ERP, CRM, e-Proc, and SCM Unite! A Series Study: Baan and Parent Company, Invensys
Baan is now iBaan, fully focused on the Internet via Portals and web technologies, across CRM, ERP, and SCM spaces.

forecast accuracy improvement scm  intentia,infor software,erp software vendors,syteline software,erp products,erp saas,erp providers,best erp,qad software,syspro erp,top erp,erp software companies,best erp software,compare erp systems,compare erp software Read More...
Continuous Improvement Case Study: Taking Baby Steps towards Tangible Benefits
To improve supply chain operations with a fresh look and new ideas, Harris Tea worked with a consulting firm, Supply Chain Consultants. The objective was to

forecast accuracy improvement scm  black teas depend upon forecast accuracy to drive the production schedule, while make-to-order specialty teas are driven by customer orders. The consultants recommended a series of business process improvements to tighten the supply chain, from forecasting through distribution planning. Many of the improvements for both types of teas dealt with improved procedures for procurement and inventory of specialized packaging materials (which would ensure that production was never limited by lack of packaging Read More...
SmartOps Steps Out in to the Cloud SCM
SmartOps Corporation is a quiet provider of supply chain planning (SCP) solutions that right-size inventory and capture more sales (by way of managing demand

forecast accuracy improvement scm  demand patterns to increase forecast accuracy at the level of granularity required for supply chain planning and execution. EDS is designed to work with demand signals within the enterprise as well as external signals such as downstream point of sale (POS) data contained in Demand Signal Repositories (DSR). The offering helps improve performance of traditional time-series based forecasting systems that focus on historical information but ignore current demand signals. With embedded analytics and scenario Read More...

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