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Documents related to » forecasting accuracy assessment


The Truth about Data Mining
It is now imperative that businesses be prudent. With rising volumes of data, traditional analytical techniques may not be able to discover valuable data

forecasting accuracy assessment  data. For instance, by forecasting the demand for its products in the future, a retailer can plan production. Why Not OLAP or Statistics? Data mining includes advanced techniques for understanding data that far exceed the capabilities of online analytical processing (OLAP). OLAP tools provide the means to perform multidimensional analysis by using powerful algorithms for aggregating data. While OLAP can help look at the sales of a certain product within a specific region and time period, data mining can 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,

forecasting accuracy assessment  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 , about Forecast Accuracy , Revenue Forecast Accuracy , Planning Forecast Accuracy , Track Forecast Accuracy , Record Forecast Accuracy , Read More...
CRM ROI: Creating a Business Case
Companies need to implement serious yardstick work when seeking to evaluate CRM-software investments. This involves creating a cost-benefit analysis

forecasting accuracy assessment  such as commission calculations, forecasting and reporting enabling increased selling time Improve leads to sales closure rates Increase the percentage of leads which are converted to sales Increase customer retention Reduce customer churn rate and eliminate replacement expenses Improve customer satisfaction and loyalty Improve customer lifetime value Risks Biting-off-more-thanyou-can-chew : Instead, start with smaller, more focused CRM solutions, targeting a specific sales or services business function Read More...
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

forecasting accuracy assessment  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 materials) while minimizing working capital in those materials. Although both Harris Teas and SCC were cautious about discussing specific benefits, Harpal Singh, SCC''s founder and chief executive officer (CEO), pointed to Read More...
Get Closer to Your Best Customers: A Shift in Customer Strategies in a Time of Crisis
An unsettled economy needs a different approach to managing revenues. Companies must identify their most profitable customers and the most effective marketing

forecasting accuracy assessment  these inefficiencies through better forecasting, leading to a seven-digit annual savings for the unit. Today Colgate managers in Mexico have complete visibility into the life cycle of each promotion, allowing them to plan with more accuracy the next time and achieve greater ROI. BUILD A STRONGER FUTURE THE ROLE OF TECHNOLOGY Particularly now, it is imperative that companies rethink the way they segment and support their best customers '' and then adjust their operations accordingly. Moreover, these 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

forecasting accuracy assessment  Software Capabilities Assessment,software architecture lifecycle management Read More...
Case Study: Campbell Soup Company
After expanding its product lines and accelerating product roll-outs, the Campbell Soup Company needed to align demand forecasting and supply chain planning

forecasting accuracy assessment  needed to align demand forecasting and supply chain planning with its new, more dynamic business model. Learn how the company’s new solution helped it improve inventory forecasting, adapt to day-to-day changes in demand, enhance long-range production planning and risk management, and spend more time on strategic activities. Read More...
Replacing Base-level Forecasting with Sense and Respond Demand Management
Significant changes are occurring in the global landscape that require a fresh look at one of the most important business processes in the supply chain—demand

forecasting accuracy assessment  Base-level Forecasting with Sense and Respond Demand Management Significant changes are occurring in the global landscape that require a fresh look at one of the most important business processes in the supply chain—demand management. Companies that more accurately predict product demand and integrate a single view of demand into operational planning are poised to win in today’s competitive landscape. Read this white paper and gain strategic insights for accurate demand planning. Read More...
How to Select a Sales and Operations Planning (S&OP) System
Mature sales and operations planning (S&OP) is more than a sales forecasting or tactical planning tool. S&OP is a decision-making mechanism for aligning

forecasting accuracy assessment  more than a sales forecasting or tactical planning tool. S&OP is a decision-making mechanism for aligning strategic plans with sales, operational, and financial plans. Download this TEC executive brief for pointers on selecting an S&OP system, information about how mature S&OP processes can help tackle critical business issues, and key S&OP system capabilities to look for. Read More...
ERP for the Fashion and Apparel Industry RFI/RFP Template
Financials, Human Resources, Process Manufacturing Management, Inventory Management, Forecasting, Reservations & Allocations, Purchasing Management, Quality

forecasting accuracy assessment  Manufacturing Management, Inventory Management, Forecasting, Reservations & Allocations, Purchasing Management, Quality Management, Sales Management, and Product Technology Read More...
Field Service Management (FSM) RFI/RFP Template
Customer Engagement Management, Contract and Warranty Management, Work Order Management, Inventory, Logistics, and Parts Planning, Workforce Forecasting and

forecasting accuracy assessment  and Parts Planning, Workforce Forecasting and Planning, Scheduling and Routing, Integration, and Analytics &Reporting and Technical Functionality Read More...
Budgeting: Beyond Spreadsheets
Financial planning, budgeting, and forecasting can be an endless and arid process for business professionals. Spreadsheet-based planning can prove to be

forecasting accuracy assessment  Financial planning, budgeting, and forecasting can be an endless and arid process for business professionals. Spreadsheet-based planning can prove to be confusing and unorganized, which only costs the company more time and money. IBM''s Cognos software can help not only reduce the time spent on planning processes, but also build complex business models and perform ‘what if’ scenarios, enhancing strategic decision making. Read More...
Case Study: Blue Mountain Resort
Blue Mountain, Ontario’s largest mountain resort, needed a comprehensive software package to manage budgeting, consolidation, reporting, and forecasting. Its

forecasting accuracy assessment  budgeting, consolidation, reporting, and forecasting. Its existing system was not automated and couldn’t handle all of the company’s data input. The new system, Cognos TM1, allows real-time adjustments to be made to schedules, budgets, and inventories, resulting in reduced costs. Find out about the other benefits. Read More...
Sales Forecasting for Your Business Advantage
With Advanced Sales Forecasting software from NetSuite, you now have the ability to run accurate, up-to-the-second sales forecasts to address your most

forecasting accuracy assessment  Forecasting for Your Business Advantage With Advanced Sales Forecasting software from NetSuite, you now have the ability to run accurate, up-to-the-second sales forecasts to address your most pressing business questions. As a result, you can manage your data and your business with greater accuracy, speed, and confidence. Read More...
Endeca Information Discovery
Oracle business intelligence (BI) tools and technology provide a broad set of capabilities for reporting, analysis, modeling, and forecasting. The Oracle

forecasting accuracy assessment  reporting, analysis, modeling, and forecasting. The Oracle solution makes BI actionable by providing business users the ability to initiate actions directly from their dashboards.Oracle Endeca Information Discovery is an enterprise data discovery platform for advanced, intuitive exploration and analysis of complex and varied data—whether structured, semi-structured, or unstructured. Read More...

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