X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 forecast accuracy results 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

Business Intelligence (BI)

Business intelligence (BI) and performance management applications enable real-time, interactive access, analysis, and manipulation of mission-critical corporate information. These applications provide users with valuable insights into key operating information to quickly identify business problems and opportunities. Users are able to access and leverage vast amounts of information to analyze relationships and understand trends that ultimately support business decisions. These tools prevent the potential loss of knowledge within the enterprise that results from massive information accumulation that is not readily accessible or in a usable form. It is an umbrella term that ties together other closely related data disciplines including data mining, statistical analysis, forecasting, and decision support. 

Evaluate Now

Documents related to » forecast accuracy results erp

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 results 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 Read More

J.D. Edwards Finds Its Inner-Self Within Its 5th Incarnation


By espousing its namesake 5th generation of products that preserves flexibility and provides much more of its own ‘must have’ collaborative applications (i.e. SCM and CRM), J.D. Edwards may start looking forward to the future with its new winning attitude.

forecast accuracy results erp  methods can create certain forecast improvements, J.D. Edwards'' research indicates that the addition of collaborative human forecasts can improve the accuracy by another 20%. To that end, Demand Consensus is a Web-based application that brings planners, sales, executives, operations, customers, and suppliers together in a collaborative conference room environment to produce better forecasting results. This application shares information with other J.D. Edwards planning applications, such as Demand 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 results 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

Less Stock, More Profit: Inventory Optimization


Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI). However, many companies implementing an ERP solution don’t add a dedicated inventory optimization module. Learn how inventory optimization can offer companies huge potential to maximize the value of IT investments—and keep inventory levels at the right balance.

forecast accuracy results erp  mentioned before, calculating the forecast is the most critical part of inventory optimization, and therefore the data must be as accurate as possible. Quality of data is one of the greatest benefits of having an inventory optimization system that is built on the same base as the rest of the ERP solution. The same level of accuracy can never be achieved with an integrated third party ''best-of-breed'' solution, which usually looks at only delivery history. A true demand planning solution, such as IBS 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, as it did not have the ability to accurately forecast customer demand. But with forecasting and demand planning software that increased forecast accuracy, the company has nearly doubled its sales over the past four years, while keeping inventory levels constant.

forecast accuracy results erp  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

Software-as-a-service ERP versus On-premise ERP through the Lens of Total Cost of Ownership


This IDC white paper looks at the growing applicability of software as a service (SaaS) for enterprise-level business applications, and analyzes the adoption rate and total cost of ownership (TCO) of this technological approach. Download this white paper to find out how a hosted option can drive significant cost savings, reduce initial implementation times, and bring new functionality with relative ease and convenience.

forecast accuracy results erp  saas tco,total cost of ownership of cloud erp,erp and erp,on erp,erp erp,erp is,the erp,why erp,erp,erp and,about saas,why saas,saas,software as a service software,what is software as a service Read More

Sage 300 ERP 6.0 Certification Report (ERP for Distribution)


Sage 300 ERP (formerly Sage ERP Accpac) 6.0 is TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for distribution 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.

forecast accuracy results erp  distribution process,distribution of goods,distribution software,distribution management software,food distribution software,distribution inventory software,distribution planning software,lead distribution software,industrial distribution software,distribution list software,wholesale distribution software,erp distribution software,distribution accounting software,software distribution,software distribution management Read More

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.

forecast accuracy results erp  how to choose the right erp partner,erp system,what is an erp system,erp software,choosing an erp system,erp solution,erp implementation,best erp,how to choose an erp system,microsoft erp,erp system implementation,selecting an erp system,what is a erp system,what is erp system,how to select an erp system Read More

Epicor ERP Software System (v. 9.05) for ETO Manufacturers ERP Certification Report


Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order (ETO) manufacturers 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.

forecast accuracy results erp  Epicor,Epicor ERP software,eto,eto manufacturer,eto erp,eto software,eto door,eto manufacturing,eto leader,eto system,erp,engineer to order,erp software companies,small business erp,manufacturing erp Read More

Can ERP Answer Your Business Needs?


Deploying an enterprise resource planning (ERP) solution is an extremely important event in the development of a company. A well-managed ERP solution can help a business handle global competition. Fortunately, modern ERP systems are relatively user-friendly, easy to implement, and easy to afford. Read this white paper to learn about the benefits of ERP and some of the issues that arise in implementing an ERP solution.

forecast accuracy results erp  erp solution,enterprise resource planning solution,global supply chain advantage,erp implementation issues,what is an erp solution,erp solution provider,erp software solution,erp solution software,erp solution providers,erp definition and solution,what is erp solution,best erp solution,solution erp,microsoft erp solution,web based erp solution Read More

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.

forecast accuracy results erp  ERP, WorkWise, RB-ERP, TMS, TEC certified, TEC certify, discrete manufacturing, manufacturing ERP Read More

Justification of ERP Investments Part Four: Replacing or Re-implementing an ERP System


An investment analysis focusing on enterprise resource planning (ERP) benefits frequently applies to those firms initially justifying an ERP implementation. It can also be used to justify a 're-implementation' when the initial efforts have failed to produce desired results. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

forecast accuracy results erp  Enterprise resource planning,enterprise resource planning software,enterprise resource planning implementation,successful erp,survey erp,tool erp,top erp,top erp software,top erp systems,top erp vendors,un erp,web based erp,web erp,what is erp,benefits of erp Read More

ERP Trivia - Every Why Should Have Its Wherefore Part 1: ERP Trends


We take the liberty to comment on the findings of a report, which was recently released by a renowned research organization, and which pinpoints ERP implementations’ dissatisfactions in no uncertain terms.

forecast accuracy results erp  erp software,erp implementation,erp software vendors,erp products,online erp,web erp,on demand erp,erp software companies,erp comparison,openbravo erp,systems crm,erp selection,tools erp,books erp,system crm Read More