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Documents related to » forecasting methodology


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

forecasting methodology  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...
Driver-Based Planning for Budgets and Forecasting
Line managers and finance staffs are frustrated by the inadequacies of spread-sheet based planning systems for delivering useful budgets and rolling forecasts

forecasting methodology  Planning for Budgets and Forecasting Line managers and finance staffs are frustrated by the inadequacies of spread-sheet based planning systems for delivering useful budgets and rolling forecasts. A major problem is the disconnect between the operational elements of a business and financial plans. What''s missing is driver-based planning, a best practice methodology where financial plans incorporate assumptions about business activities which are modeled to drive financial data such as revenue Read More...
Mr Price Selects JustEnough Software
JustEnough Software Corporation, a provider of demand management solutions for retail, wholesale, and direct-to-consumer businesses worldwide, recently

forecasting methodology  & Fitch , sales forecasting at Kraft Foods , inventory planning for Nissan , and mobile sales force automation at SAB Miller, Cadbury , and Heineken . Mr Price is another great recent win for JustEnough, which has lately also been selected by Golfsmith, Alco Stores , and Lucky Vitamin . Below are some of the reasons JustEnough wins over its “usual suspect” competitors, JDA Software, SAP , and Oracle : ease-of-use – a Microsoft Excel -like interface drives quick user adoption; single architecture Read More...
Smart Software for Service-level Driven Forecasting
The issue of forecasting intermittent demand has been one that has plagued companies forever. Many very smart people have tried to tackle it; many vendors like

forecasting methodology  Software for Service-level Driven Forecasting The issue of forecasting intermittent demand has been one that has plagued companies forever. Many very smart people have tried to tackle it; many vendors like to say they focus on it. Few vendors make it as singular a focus as Massachusetts-based  Smart Software . Principals  Charles Smart ,  Nelson Hartunian (Ph.D.) , and  Thomas Willemain(Ph.D.)  have been studying the issue for almost 30 years, have perfected their own proprietary forecasting method Read More...
Planning and Forecasting: Use Continuous Planning and Rolling Forecasts to Support Adaptive Management
Change may be the only constant in business. But why do so many companies lock themselves into a rigid system of annual plans, budgets, and targets that make

forecasting methodology  to distinguish between “baseline” forecasting from “baseline plus” forecasting. Baseline is all the irrelevant data that you should just forecast as a whole and the uplift (baseline plus) is the data that’s relevant and where a manager’s time should be spent. Again, depending on your level in the organization, your criteria of relevance will be different. To create the framework for a new system at a large financial services company, business units had to identify key performance drivers 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 methodology  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...
Improving Corporate Training Results with Discovery Learning Methodology
Organizations today, in the face of increased global competition, need educated managers and employees who can solve problems, understand complex issues, and

forecasting methodology  Corporate Training Results with Discovery Learning Methodology Organizations today, in the face of increased global competition, need educated managers and employees who can solve problems, understand complex issues, and learn new skills quickly. This means that training organizations need to provide learning opportunities that effectively address these issues in ways that produce high retention rates. But if lectures don’t work, then what does? Enter discovery learning. 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

forecasting methodology  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. ToolsGroup''s embedded machine learning is available as part of the SO99+ version 7.3.1 demand forecasting solution (“SO99+” stands Read More...
Avercast
Headquartered in Rexburg, Idaho (US), Avercast, LLC provides inventory demand forecasting, distribution requirements planning (DRP) (including both DRP and

forecasting methodology  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...
Offshore Outsourcing: Is There a Method to the Madness? Planning for Offshore Outsourcing
Organizations considering the offshore outsourcing of processes should seriously consider adopting a proven methodology before implementation. This will

forecasting methodology  Outsourcing: Is There a Method to the Madness? Planning for Offshore Outsourcing Introduction Regardless of whether you are a general manager with profit-and-loss responsibility, or are in a managing function, such as finance or information technology, the maturing of offshore outsourcing will impact you because it changes the way organizations structure, operate, compete, and deploy resources. Consequently, several organizations have stumbled while experimenting with offshore and outsourcing in Read More...
Program Testing Methodology Part One: Preparing for Testing
Program testing and debugging is one of the most critical aspects of implementing a computer system. Without programs which properly work, the system will never

forecasting methodology  Testing Methodology Part One: Preparing for Testing Introduction Before any system can be completely implemented on a production computer, the analysts and programmers working on the system must be able to state unequivocally that the programs work exactly as they were designed to work and that any errors or mistakes found in any of the data to be processed by the system will be handled properly. Since testing is quite unpredictable in terms of the results and, in some cases, the availability of Read More...
Agile Methodology for Business Intelligence
What makes business intelligence (BI) complex is that the user-centricity of the data warehousing system cannot be compromised. The solution to this problem is

forecasting methodology  Methodology for Business Intelligence What makes business intelligence (BI) complex is that the user-centricity of the data warehousing system cannot be compromised. The solution to this problem is the adoption of Agile frameworks. Agile development is a software development approach that cycles through the different phases, from gathering requirements to delivering functionality into a working release. Find out more. Read More...
Terra Technology
Terra Technology''s real time forecasting (RTF) solutions use pattern recognition mathematics to monitor daily demand signals. RTF is compatible with demand

forecasting methodology  Terra Technology''s real time forecasting (RTF) solutions use pattern recognition mathematics to monitor daily demand signals. RTF is compatible with demand planning solutions from major enterprise resource planning (ERP) and supply chain vendors, including Manugistics, SAP, and i2 Technologies. The company''s real time inventory (RTI) offering is a multi-echelon inventory optimization solution which includes the following capabilities: daily inventory target updates; full integration with conventional Read More...
The Case for a Specialised Sales Forecasting Software Solution
This white paper addresses the question “Why do you need a specialised sales forecasting software solution?” It makes the case for implementing a purpose-built

forecasting methodology  for a Specialised Sales Forecasting Software Solution This white paper addresses the question “Why do you need a specialised sales forecasting software solution?” It makes the case for implementing a purpose-built sales forecasting software tool, and provides a number of considerations and parameters that can be used to evaluate suitable solutions. Read More...

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