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Software Functionality Revealed in Detail
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 forecasting accuracy assessment 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

Documents related to » forecasting accuracy assessment scm

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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ERP Systems Buyer’s Guide


The implementation of an enterprise resource planning (ERP) system to automate business processes is a strategic investment. Buying the right system and choosing the best vendor for you are critical to a successful ERP implementation. As a decision maker, you need to quickly identify your ERP requirements, effectively communicate these needs to vendors, and successfully compare various product alternatives. Learn how.

forecasting accuracy assessment scm  cycle, including planning, budgeting, forecasting costs and revenues, managing issues and change requests, and tracking project status and performance. It also has a central repository that maintains and categorizes all project-related files and documents that can be timely accessed. Supply Chain Management (SCM) : SCM is the largest ERP module in terms of business functionalities, and it is often adapted to meet the needs of specific industries. In general, SCM improves the flow of materials throughout Read More

Geac Gets Its Commonsense Share Of Consolidation, With Revolving Door CEOs No Less Part Three: Challenges and User Recommendations


The rejuvenated management team has done a praiseworthy job of bringing the company back to health while concurrently unveiling a new System21 product that can compete with the other products in the market. Deep vertical functionality, process integration, and the communication of a detailed product strategy blueprint to the market should help users manage total cost of ownership (TCO) during this era of conservative IT budgets.

forecasting accuracy assessment scm  of financial planning, budgeting, forecasting and consolidation software should also provide many cross-sell opportunities to Geac''s existing enterprise customers, since MPC should appeal to the same C-level executives and corporate controllers that rely on Geac''s ERP transaction systems. In addition to cross-selling more products to its existing customers, the acquisitions hold the potential of generating new customers. The tough financial climate bundled with increased regulatory requirements (i.e., Read More

SAP Support of the Health Care Supply Chain’s Ongoing Effort to Ensure Patient Safety and Drive Business Value


Electronic product code information services (EPCIS) is a standard mechanism for inter-company collaboration and data sharing, which can enable health care partners to deploy solutions that meet short-term mandates driven by patient safety, as well as lay the foundation for long-term business value. Learn more about the impact of EPCIS in a study concerning data management and data sharing in the health care supply chain.

forecasting accuracy assessment scm  product announcement or launch. Forecasting and Replenishment – Enhanced visibility in the supply chain has been identified as a major driver of inventory reduction and customer service improvement. Supply chain theory has identified the bullwhip effect as the amplified peaks and valleys in inventory that result due to time lags and visibility gaps in the supply chain. Extended visibility from EPCIS observations will enable forecasts and replenishments to be more accurate and timely. 6- Eric Newmark, Read More

Best Practices in Extending ERP: A Buyer’s Guide to ERP versus Best-of-breed Decisions


The trade-off between best-of-breed functionality and ease of integration is no longer so simple. Enterprise resource planning (ERP) software continues to expand, blurring the boundaries of core ERP functionality. The three essential factors to consider in ERP versus best-of-breed decisions are functionality, integration, and the ability to upgrade. Find out the questions you need to ask when considering an ERP extension.

forecasting accuracy assessment scm  collaboration, human capital management, forecasting and demand planning and more could also alternatively be purchased as extensions to ERP. While the most basic of these modules, those shown bolded in the table, have quite respectable adoption rates, more specialized or advanced modules are much lower and present significant opportunity for broader and deeper implementations. Of course, not every ERP vendor offers every one of these modules. In the case where a module is not offered, the decision might Read More

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 management (PLM). TEC principal analyst P.J. Jakovljevic examines the solutions that SAP is offering for supply chain executives to expand beyond the traditional boundaries of SCM, PLM, and enterprise resource planning (ERP).

forecasting accuracy assessment scm  SCM-Stepping Out of Obscurity In all the hoopla about SAP’s recent blockbuster acquisitions of SuccessFactors and Datango (and Crossgate , Right Hemisphere , and Sybase a bit earlier), and with all of the talk about cloud solutions, mobility, SAP HANA in-memory, etc., one might lose sight of the fact that SAP has also been doing a boatload of tacit innovation in-house. At the recent SAP Influencer Summit event in Boston in December 2011, we learned of major new SAP products (recently released or Read More

Product Value Assessment and Monitoring: Delivering a Substantial Margin Advantage


Research shows that companies implementing product portfolio management (PPM) solutions achieve greater success in profitability because of their ability to monitor product value throughout the product selection and development processes. With the ability to evaluate this information through PPM capabilities, companies can take corrective action to maximize product value during new development—or kill projects that won’t deliver sufficient returns.

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The Whys and Hows of a Security Vulnerability Assessment


TEC outlines the reasons for having a Security Vulnerability Assessment done, how a security vulnerability assessment is performed, what can be gained by enlisting the Security Vulnerability Assessment process, and what you should expect to see in a Security Vulnerability Assessment report. After all, the most important reason for having a Security Vulnerability Assessment performed is to enable corrective action. How can you know what to secure if you don't know what is insecure?

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SCM Buyer’s Guide 2012: Adapting to Challenging Times and Circumstances


TEC is coming up with four new buyer’s guides for 2012, and one slot is reserved for supply chain management (SCM) solutions. My main reason for pushing for this was that the global business landscape has been battered significantly by a slew of economic, political, social and environmental events over the past five years. This has resulted in significant losses for businesses around the world.

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Vendor Analysis: Interliant's Security Vulnerability Assessment


A security vulnerability assessment service is a risk management process. Interliant's security vulnerability assessment service enables its clients to understand what risks their online transaction systems and network infrastructure face. Relevant Technologies has taken an in-depth look at Interliant's security vulnerability assessment service to find out what their tactical strategy is in helping organizations minimize risk, how this strategy evolved, and what IT decision makers can expect to gain from using their services.

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Software Assessment Powered by Innovative Technology at Newport Corporation


When Newport Corporation needed an integrated business system, it enlisted CSCG to help evaluate existing enterprise resource planning (ERP) solutions. CSCG leveraged innovative software assessment tools to help make a selection decision at a savings of $50,000 in project costs, mitigating risk by delivering key reporting capabilities based on impartial data. This case study shows how it was done.

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Elementum Does Mobile End-to-end SCM


After about two years of stealth operation, Elementum, a novel mobile cloud platform for holistic supply chain management (SCM), announced that it has more than $60 million in funding and several major customers. The Silicon Valley-based startup has $44 million in Series B funding from Lightspeed Venture Partners and Flextronics (which was also the major pilot customer) and brand name customers like Dyson and Enphase Energy Inc.

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'Collaborative Commerce': ERP, CRM, e-Procurement, and SCM Unite! A Series Study


Now in 2001, the catchphrase is 'Collaborative Commerce', where we unite all of the elements of ERP, CRM, E-Procurement, and SCM into one coherent system within and between organizations. This is the stuff system integrators dream of.

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Driver-based Budgets and Forecasting


Line managers and finance staff are frustrated by the inability of spreadsheet-based planning systems to deliver useful budgets and rolling forecasts. A major problem is the disconnect between the operational elements of business and financial plans. What's missing is driver-based planning, a best-practice methodology where financial plans incorporate assumptions about business activities modeled to drive financial data.

forecasting accuracy assessment scm  based Budgets and Forecasting Line managers and finance staff are frustrated by the inability of spreadsheet-based planning systems to deliver useful budgets and rolling forecasts. A major problem is the disconnect between the operational elements of business and financial plans. What''s missing is driver-based planning, a best-practice methodology where financial plans incorporate assumptions about business activities modeled to drive financial data. Read More

Software Capabilities Assessment and SALM Projects for Consultants


Whether your clients are small to midsized business (SMBs) or large enterprises, a clear picture of the software systems that are driving their businesses is a critical component of their long-term success. That’s why TEC has developed two specialized services that you can deliver to help your clients document, understand, and optimize their IT infrastructures, and plan effectively for the future. Learn more now.

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