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Software Functionality Revealed in Detail
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 forecast accuracy


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

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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.

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

Documents related to » forecast accuracy

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.

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Order Forecast Collaboration: Benefits for the Entire Demand Chain


When raw materials providers, manufacturers, and retailers work together to calculate future order needs, they can all act on the best information available. Successful order forecast collaboration requires all members to share risks if forecasts vary, and to discuss issues as they arise. Accurate order forecasts drive sales increases, inventory decreases, and better decisions. With so many benefits across the entire demand chain, shouldn’t you look into order forecast collaboration with your partners?

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Selecting the Right Enterprise Planning Solution: Considerations for Software Evaluators


Companies face an unprecedented need to forecast and plan with speed and accuracy. Planning solutions must leverage the link between planning and analysis to manage corporate performance. However, many solutions offer only half your planning and performance management needs: analyzing yesterday’s performance. Learn about a solution that can help you predict, plan, and manage tomorrow’s performance, to improve on today’s.

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Accelerating the Speed of Intelligence for Fast and Flexible Forecasting: Engaging the Business for Better Results


Forecasting is changing from a top-down process to a bottom-up one. High-level targets may be useful starting points, but they must be combined with input from line management and department heads before being rolled up into enterprise-wide financial goals. Some companies find it effective to “embed” members of the finance function within other business units. Read this white paper to find out more.

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Barcoding 101 for Manufacturers: What You Need to Know to Get Started


For manufacturers, barcoding carries with it numerous benefits, including increased accuracy, efficiency, and traceability, along with easier adherence to customer or regulatory requirements. Discover how implementing barcoding as part of an integrated software-as-a-service (SaaS) solution can help manufacturing companies of all sizes, and in many different industries, improve operations and business performance.

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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, especially those that deal with Sarbanes-Oxley, should focus on BPM to ensure compliance and to minimize error and risk.

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Managing Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part Three: Common Scenarios


The nature of a sales and operations planning (S&OP) game plan depends on several factors, such as the need to anticipate demand, the item's primary source of supply, and the production strategy for manufactured items. Consideration of these factors can be illustrated with several common scenarios.

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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 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.

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Filling the Holes and Breaking Down Artificial Walls in a Process PLM Solution Set - Part 2


Part 1 of this blog series established that the product lifecycle management (PLM) software market for process industries (food @ beverage, life sciences, chemicals, paints, consumer products, etc.) has not been well-defined as compared to its counterparts in the discrete manufacturing and fashion (apparel) industry segments. Indeed, the process PLM solution market is currently

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