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Merchandising Systems
Merchandising systems are the enterprise back and front-office software solutions upon which the majority of retailers rely to manage and support their daily tasks. These systems typically record p...
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Documents related to » forecast accuracy improvement


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  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...
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  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...
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  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...
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  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...
Supply Chain Cost-cutting Strategies
Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they’re finding that the old strategies

forecast accuracy improvement  their peers to have: Forecast accuracy at the product family level of 71% or better Perfect order percentage of 91% or better Logistics costs as a % of sales of 6% or less To achieve these enormous advantages over their peers, they have taken radically differ- ent actions in organization structure and supply chain technology investment. As a result, Best in Class companies are much further ahead in closed-loop integration of supply chain planning and execution, in addition to data and process visibility Read More...
Standards for Financial Plans
Large companies can afford to develop their own budget and forecast systems, but for small businesses, there’s only one choice—the spreadsheet. But spreadsheet

forecast accuracy improvement  their own budget and forecast systems, but for small businesses, there’s only one choice—the spreadsheet. But spreadsheet financial plans are all over the map—no rules, no procedures, no consistent formatting, and minimal GAAP accounting. This white paper proposes standards that can help entrepreneurs and small business owners create, format,and manage financial plans. Read More...
Oetiker Inc
Learn how Oetiker Inc, the foremost manufacturer and distributor of quality clamps, rings, and couplings improved customer satisfaction, shipping accuracy, and

forecast accuracy improvement  shipping,delivery,Oetiker,Epicor,manage 2000,case Read More...
Ten Ways Robots Enhance Lean Manufacturing Environments
Traditionally, robots have not played a prominent role in the implementation of lean strategies. However, due to their repeatability, speed, accuracy, and

forecast accuracy improvement  robotics,abb industrial robots,abb industrial robotics,industrial robots,industrial robotics,abb robots,abb robotics,lean manufacturing Read More...
Infor Gets Social
At the Inforum 2013 user conference, Infor announced Infor Ming.le, a new platform for social collaboration, business process improvement, and contextual

forecast accuracy improvement   Read More...
Sustainable Lean Six Sigma Transformation through Cordys
Business process management (BPM) and process improvement support the management and continuous improvement of business processes, both cross-departmental and

forecast accuracy improvement  Cordys,Cordys Business Operations Platform,BOP,lean manufacturing,lean manufacturing solution,six sigma,six sigma transformation,lean six sigma,keys to lean six sigma,business process management,BPM solution,BPM solutions,BPM software,BPM application,BPM applications Read More...
Accelerating ROI with BPM
New research validates what business and IT leaders have discovered for themselves: accelerating process improvement efforts through business process management

forecast accuracy improvement  Appian,bpm,process improvement,business process management,business process improvement,process improvement business,bpm process,operational efficiency,business bpm,continuous process improvement,business process bpm,soa bpm,bpm business process management,business process manager,workflow bpm Read More...
A New Model of Business Intelligence
Most companies recognize that business intelligence (BI) is critical to business process improvement and decision making, because these BI tools turn data into

forecast accuracy improvement   Read More...
How Is Business Process Management Applicable to Financial Services?
Business process management (BPM) allows financial services companies to manage internal processes and to increase efficiency and accuracy. Organizations

forecast accuracy improvement  business process management,BPM,financial services industry,Sarbanes-Oxley Act,SOX,compliance,industry-specific BPM solutions,BPM components Read More...

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