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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.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 forecast accuracy results scm

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

Supply Chain Management (SCM)

Supply chain management (SCM) solutions include applications for managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse management, international trade logistics, transportation execution, and many other issues for a complete solution, this knowledge base will support your evaluation of an SCM suite. 

Evaluate Now

Documents related to » forecast accuracy results scm

How to Improve the Accuracy of Your Forecasts


Increased competition, lower margins, and more customer demands mean that distributors have to provide better product availability and more services with fewer profit dollars. To accomplish this, estimates of future use of stocked items must be as accurate as possible. Discover how analyzing weighted averages, trend factors, and other formulas can help you accurately anticipate—and manage—future demand for your products.

forecast accuracy results scm  Forecasting Data , Demand Forecast Accuracy , Demand Forecasting Data Cleansing , Demand Forecast Prediction , Determine Demand Forecast , Forecasting Needs , Retail Demand Forecasting , Time Series Forecasting , Define Demand Forecasting , Demand Forecasting Excel , Demand Planning , Article on Demand Forecasting , Demand Forecasting Activity , Increase Forecast Accuracy . Helping Distributors Maximize Business Potential Through Education and World-Class Technology From Microsoft Business Solutions Our 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 scm  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

ToolsGroup Embeds Machine Learning Technology in Demand Forecasting


ToolsGroup, a provider of demand analytics and supply chain planning (SCP) software, claims to be the first vendor in its class to embed machine learning into a commercially available demand forecasting product. The new technology has been proven to significantly improve forecast accuracy in major global customer installations.

forecast accuracy results scm  proven to significantly improve forecast accuracy in major global customer installations. ToolsGroup''s embedded machine learning is available as part of the SO99+ version 7.3.1 demand forecasting solution (“SO99+” stands for “service optimizer over 99%”).   Forecast accuracy is an important driver of business outcomes, yet most demand forecasting systems today often produce disappointing results and significant forecast errors. The traditional standard models found in these systems cannot easily 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, which focuses on the complexity of pricing and promotions in retailing, was inspired by JDA Software’s recent “edu-nouncement” on leading retailers consumer-centric pricing and promotions strategies, and by Revionics’ recent (and still

forecast accuracy results 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

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 more accurate. You can make an assumption on how much improvement might be possible. This part discusses the challenge of performing the data analysis.

forecast accuracy results 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

PTC’s 2012 Annual Revenue Results Analysis: After-Sales Services Strategy Paying Off


Last week, PTC announced its fiscal year first quarter results for 2013. Though its license growth was weak this quarter compared with the same quarter last year, its after-sales services business led by Servigistics experienced strong growth. PTC has been focusing on expanding its solution portfolio into new product lifecycle management (PLM) industry verticals such as footwear

forecast accuracy results scm   Read More

Emotional Intelligence and Sales Results: Closing the Knowing and Doing Gap


The challenge facing many sales managers and business owners is the transfer of selling skills that made them top sales producers. When you take on the role of a sales manager, it’s no longer about what you can produce—it’s about what you can get others to produce. The driven sales manager listens and invests even more time and energy on teaching selling skills and techniques. Find out more.

forecast accuracy results scm   Read More

Managing Performance, Risk, and Compliance for Better Business Results


Confronted by globalization and volatile markets, today’s companies face a challenging and often risky business climate. Explore how to ensure alignment between your company's strategic objectives and risk management/compliance policies; how to mitigate all types of business risk and maintain a proper risk/reward balance; and how to ensure continuous compliance with regulatory requirements and internal policies.

forecast accuracy results scm  regulatory compliance software,risk management process,risk management services,bank risk management,banking risk management,corporate risk management,financial risk management software,financial risk manager,regulatory compliance management,risk management policy,risk management training,risks management,derivatives risk management,finance risk management,risk analysis management Read More

Good Results for Infor VISUAL on Discrete ERP [Infographic]


Check out this infographic to see how Infor VISUAL measures up against other leading ERP solutions for discrete manufacturing.

forecast accuracy results scm   Read More

Generate Better Leads for Better Sales Results


Many buy cycles start months before sellers are even aware of them. A system that provides reps with immediate awareness of a lead’s interest is critical, as is linking marketing’s and sales’ efforts, coordinating campaigns, and consolidating access to information and reporting—including manager dashboards. Learn how eliminating the gap between sales and marketing can increase lead quality and increase sales performance.

forecast accuracy results scm   Read More

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 of market share, growth, profitability, and its products’ capabilities. Simply stated, the company set the industry standard for the supply chain execution (SCE) space and was the envy of its competitors. The

forecast accuracy results 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

SCM Software for Mills


Demand for mill products especially in the metals and packaging industry is growing fast. This presents a good opportunity for the software vendors who cater to the needs of customers in these industries. But these industries have some unique requirements which are discussed throughout this article. Supply chain management software which does planning and execution for manufacturing, transportation, distribution etc. for mills industry, needs to address these unique requirements.

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ROI for RFID: A Case Study Part Two: Implementation and Results


If companies are to find value in radio frequency identification (RFID), they need to view this technology as more than eliminating the scanning gun from the barcode equation. Companies considering implementing RFID must think beyond the confines of the four walls of the plant and factory in order to take full advantage the benefits that this type of technology has to offer. However, as is with any emerging technology, the bottom line is to only implement RFID when the ROI justifies it.

forecast accuracy results scm  the price hits the forecasted 5 (USD) per chip, RFID implementation projects for early adopters may require a major financial commitment and a large slice of an IT department''s budget pie. If companies are to find value in RFID, they need to view this technology as more than eliminating the scanning gun from the barcode equation as KiMs has done. Companies considering implementing RFID must think beyond the confines of the four walls of the plant and factory in order to take full advantage the benefits Read More

Lucrative but "Risky" Aftermarket Business-Service and Replacement Parts SCM


The growing pressure for improving customer responsiveness and profits has lately changed the traditional role of supply chain management (SCM) of spare and replacement parts.

forecast accuracy results scm  supply chain management,SCM,enterprise asset management,EAM,replacement parts,original equipment manufacturers,OEM,maintenance repair and overhaul,MRO,service,aftermarket,inventory management Read More