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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

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...
Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment
Small and medium businesses (SMB) need to address inventory challenges by using a tightly integrated approach that reflects the dynamics of the extended supply

forecasting methodology  principles enabling more accurate forecasting at product component levels. Source : SYSPRO Resources Related to Reduce Inventory Levels in a Lean Environment : Lean Manufacturing (Wikipedia) Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment Lean is also known as : Lean , Lean Management , Lean Manufacturing , Lean for Service Industry , Process Improvement , Lean Manufacturing Lean Production , Lean Production , Lean Tools , Lean Software , Lean Innovations , Boost Read More...
Finding the Right BPM Solution-and Making It Work for You
In a previous blog post, I discussed the importance of data management capabilities of a business intelligence (BI) solution. To recap briefly, the Pareto chart

forecasting methodology  analysis . Predicting and forecasting are becoming prominent capabilities for any organization. Those organizations that base their decision making on mining of historical and real-time data, as well as forecasting may quickly see a competitive advantage. In addition, those with online analytical processing (OLAP) capabilities can analyze data from different perspectives, and gain significant insights. 4.  Financial modeling . Organizations may need to model their financial cycles and procedures. This 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...
Data Migration Management: A Methodology to Sustaining Data Integrity for Going Live and Beyond
For many new system deployments, data migration is one of the last priorities. Data migration is often viewed as simply transferring data between systems, yet

forecasting methodology  Migration Management: A Methodology to Sustaining Data Integrity for Going Live and Beyond For many new system deployments, data migration is one of the last priorities. Data migration is often viewed as simply transferring data between systems, yet the business impact can be significant and detrimental to business continuity when proper data management is not applied. By embracing the five phases of a data migration management methodology outlined in this paper, you can deliver a new system with Read More...
Service Level Goal Strategy: Path to Profit
How can retailers maximize their return when investing in cutting-edge replenishment solutions? After all, if forecasting and purchasing decisions are driven by

forecasting methodology  solutions? After all, if forecasting and purchasing decisions are driven by advanced math and logic, then surely there is little room for users to influence success? Actually, establishing a service-level goal strategy can blaze the path to profit for retailers looking to separate themselves from the competition. Read More...
Sales and Operations Planning Part One: Identifying and Forecasting Demand
An effective sales and operations planning game plan results in fewer stock-outs, shorter delivery lead-times, higher on-time shipping percentages, a manageable

forecasting methodology  Part One: Identifying and Forecasting Demand Sales and Operations Planning Part One: Identifying and Forecasting Demand Featured Author - Dr. Scott Hamilton - December 11, 2003 Introduction A firm''s sales and operations planning (S&OP) process starts with the definition of all demands for the firm''s goods and services. It formulates game plans that drive supply chain activities to meet those demands. Hence, an effective S&OP game plan requires consideration of both demands and supplies. The nature of Read More...
Improving Organizational Performance Management through Pervasive Business Intelligence
You’ll increase your chances of business intelligence (BI) project success and overcome technical and other challenges if you follow a methodology. To begin

forecasting methodology  Organizational Performance Management through Pervasive Business Intelligence Offerings from the SAP BusinessObjects portfolio provide a comprehensive set of business intelligence (BI) and performance management functionality, offering reports, dashboards, ad hoc analysis, and data management. Designed, packaged, and priced to meet the unique needs of small businesses and midsize companies, these solutions enable you to start and grow at your own pace – with minimal IT support. Source: SAP Read More...
Financial Planning, Budgeting, and Forecasting: Managing in Uncertain Economic Times
New economic conditions are driving companies to become increasingly cautious about the near future. But focusing on improving flexibility to dynamically

forecasting methodology  Planning, Budgeting, and Forecasting: Managing in Uncertain Economic Times New economic conditions are driving companies to become increasingly cautious about the near future. But focusing on improving flexibility to dynamically account for change shifts focus away from budget accuracy—putting you at risk of falling short of shareholder expectations. To achieve best-in-class status, you must plan, budget, and forecast more efficiently for improved agility, accuracy, and corporate performance. Read More...
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

forecasting methodology  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...
The Case for Spreadsheet Automation: A High ROI Alternative to Traditional Budgeting, Forecasting, and Management Reporting
How can a budget administrator, burdened with the task of gathering data from hundreds of spreadsheets from all over the organization, manage this monumental

forecasting methodology  Alternative to Traditional Budgeting, Forecasting, and Management Reporting How can a budget administrator, burdened with the task of gathering data from hundreds of spreadsheets from all over the organization, manage this monumental undertaking? Additionally, how to avoid using a costly packaged budget application that doesn’t take the organization’s business rules into consideration? The solution: a spreadsheet automation tool that easily adapts to the organization’s unique corporate processes. Read More...
Pegasystems
Pegasystems is a provider of business process management (BPM) and customer relationship management (CRM) software solutions. Its BPM methodology and BPM

forecasting methodology  Pegasystems is a provider of business process management (BPM) and customer relationship management (CRM) software solutions. Its BPM methodology and BPM services give business users control over the BPM suite and reduce reliance on IT staff. Pegasystems technology powers agile solutions to specific operational challenges, such as workflow management software, CRM software, BPM software, BPM systems, and business process outsourcing software; as well as CRM solutions including customer service Read More...
Financial Forecasting and Planning Summit, London UK, June 2-3, 2011
Financial Forecasting and Planning Summit, London UK, June 2-3, 2011. If you''re interested in learning about the latest innovations in financial pl...

forecasting methodology  Forecasting and Planning Summit, London UK, June 2-3, 2011 Financial Forecasting and Planning Summit, London UK, June 2-3, 2011 If you''re interested in learning about the latest innovations in financial planning and business forecasting from some of world''s leading experts, the Financial Forecasting and Planning Summit is for you! At this two-day summit of forward-thinking business and financial leaders, you''ll learn how to: engage senior leadership around financial forecasts and reviews use the Read More...

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