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 forecasting accuracy methods

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.

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Documents related to » forecasting accuracy methods

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.

forecasting accuracy methods  Planning Forecasting , Demand 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 Read More

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.

forecasting accuracy methods  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. Read More

Ensuring Enterprise-wide Compliance


Complying with the Fair Labor Standards Act (FLSA), the Family Medical Leave Act (FMLA), and other labor laws and regulations is a major challenge for employers. At the same time, non-compliance with these government regulations is becoming increasingly costly. Learn about solutions that are helping the world’s largest companies to effectively plan, deploy, and manage their workforces to achieve compliance objectives.

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Demand Planning: Optimizing Operations across the Supply Chain


Demand planning applications can help manufacturers establish baseline sales forecasts and perform analysis to improve resource usage. They can also help manufacturers optimize pricing capabilities and better understand their markets. Yet to get the most out of these tools, manufacturers must be willing to reorganize their planning processes—and to share the resulting insights with supply chain partners and customers.

forecasting accuracy methods  have dramatically improved their forecasting accuracy with demand planning software packages. But to turn their crystal balls into improved bottom lines, organizations must: Develop the products and services based on customer demand, not guesswork; Establish pricing based on dynamic market feedback; Manage effectively to forecasts, thereby optimizing the performance of facilities, people, inventories, and suppliers; and Extend their forecasting capabilities across the entire supply chain with 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.

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Spreadsheets: An Inadequate Solution for Budgeting, Forecasting and Reporting


Mid-size organizations have been conducting their budgeting and forecasting through a readily-available, inexpensive, and easy-to-use application—the spreadsheet. But spreadsheets fail to support complex planning processes, which involve multiple people, require real-time access to data, and demand comprehensive security. Discover how the Adaptive Planning budgeting and planning application can help you meet these needs.

forecasting accuracy methods  Inadequate Solution for Budgeting, Forecasting and Reporting Mid-size organizations have been conducting their budgeting and forecasting through a readily-available, inexpensive, and easy-to-use application—the spreadsheet. But spreadsheets fail to support complex planning processes, which involve multiple people, require real-time access to data, and demand comprehensive security. Discover how the Adaptive Planning budgeting and planning application can help you meet these needs. Read More

Avercast


Headquartered in Rexburg, Idaho (US), Avercast, LLC provides inventory demand forecasting, distribution requirements planning (DRP) (including both DRP and material requirements planning [MRP] capabilities), and sales and operations planning software. Avercast software is designed to help companies increase inventory turns, improve customer service levels, and reduce overall inventory levels, planning time, stock-outs, and back orders. Avercast's Microsoft structured query language (SQL) database can be integrated into any enterprise resource planning (ERP) system.

forecasting accuracy methods  LLC provides inventory demand forecasting, distribution requirements planning (DRP) (including both DRP and material requirements planning [MRP] capabilities), and sales and operations planning software. Avercast software is designed to help companies increase inventory turns, improve customer service levels, and reduce overall inventory levels, planning time, stock-outs, and back orders. Avercast''s Microsoft structured query language (SQL) database can be integrated into any enterprise resource planning Read More

Harvest Solutions


We help companies address business issues related to sales forecasting, opportunity management, marketing automation, contact and activity management, customer service, and management reporting. We a certified consultants for Microsoft CRM, SalesLogix, GoldMine, ACT!, and Crystal Decisions.

forecasting accuracy methods  issues related to sales forecasting, opportunity management, marketing automation, contact and activity management, customer service, and management reporting. We a certified consultants for Microsoft CRM, SalesLogix, GoldMine, ACT!, and Crystal Decisions. Read More

LumiData


LumiData is a demand intelligence specialist for companies within the consumer products industry. LumiData's demand planning and forecasting solutions are applied to sales and marketing strategies to help increase revenue and strengthen market positions.

forecasting accuracy methods  LumiData''s demand planning and forecasting solutions are applied to sales and marketing strategies to help increase revenue and strengthen market positions. Read More

Methods of Integrating Full-text and Fielded Data Search


Integrating full-text and fielded data searches can help you find essential information more easily. Whether your existing metadata fields reside within a document or are stored in a separate database, a search index can combine full-text and fielded data dynamically. This allows multiple users to search the same documents with a single index—and a single user to integrate two searches in one query.

forecasting accuracy methods   Read More

Sage Fixed Assets


A trusted name in fixed asset management for 30 years, Sage Fixed Assets solutions help eliminate redundant data entry, increase accuracy, and reduce costs while guarding against regulatory noncompliance. By combining numerous tax and accounting rules, as well as more than 50 depreciation methods and an intuitive interface, Sage Fixed Assets delivers the most complete fixed asset management solution available. With comprehensive depreciation calculations for financial and tax reporting, asset inventory tracking and reconciliation, construction-in-progress management, and customized reporting, companies can effectively manage every step of the fixed asset lifecycle—from acquisition to disposal.

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Forecasting under Uncertainty Using Portfolio Navigator


The business models used to develop forecasts at the planning level can be relatively simple. Over time some of your products will exceed expectations, others will fail altogether. By assembling a portfolio of projects you can optimize the overall expected value of your product development process by balancing risk/reward. This white paper reviews some of the business models and analytic processes for better forecasting.

forecasting accuracy methods  under Uncertainty Using Portfolio Navigator The business models used to develop forecasts at the planning level can be relatively simple. Over time some of your products will exceed expectations, others will fail altogether. By assembling a portfolio of projects you can optimize the overall expected value of your product development process by balancing risk/reward. This white paper reviews some of the business models and analytic processes for better forecasting. Read More

Financial Planning, Budgeting, and Forecasting in the New Economy


Although we're starting to see recovery from the recent economic crisis, market volatility is still a major factor influencing businesses to improve their financial planning, budgeting, and forecasting processes. The keys to effective financial planning, budgeting, and forecasting are embodied by a best-in-class approach that carefully considers all factors, adaptive planning, and collaboration. Get the details in this report.

forecasting accuracy methods  Planning, Budgeting, and Forecasting in the New Economy Although we''re starting to see recovery from the recent economic crisis, market volatility is still a major factor influencing businesses to improve their financial planning, budgeting, and forecasting processes. The keys to effective financial planning, budgeting, and forecasting are embodied by a best-in-class approach that carefully considers all factors, adaptive planning, and collaboration. Get the details in this report. Read More

Case Study: Hydro-Scape Products, Inc.


Like many distribution companies, Hydro-Scape needed to streamline and automate its business processes to increase speed and accuracy when serving customers, as well as boost productivity and profitability. The company chose an enterprise resource planning (ERP) solution with distribution-specific functionality, including the ability to integrate data across the entire operation. Learn more about the distribution ERP.

forecasting accuracy methods  Study: Hydro-Scape Products, Inc. Like many distribution companies, Hydro-Scape needed to streamline and automate its business processes to increase speed and accuracy when serving customers, as well as boost productivity and profitability. The company chose an enterprise resource planning (ERP) solution with distribution-specific functionality, including the ability to integrate data across the entire operation. Learn more about the distribution ERP. Read More