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 forecasting methods


Planning, Budgeting, and Forecasting Software Evaluation and Selection Guide
Enterprise planning@budgeting, forecasting, and reporting@is a crucial component of financial management that contributes to companies’ success. However

forecasting methods  employ planning, budgeting, and forecasting best practices, and are quickly rewarded with more accurate plans, more timely reforecasts, and more effective decision-making. Overall, they save time, reduce error, promote enterprise-wide collaboration, and foster a disciplined financial management culture that delivers true competitive advantage. Specifically, such companies are able to: Consistently deliver more timely, reliable, and flexible plans. Strengthen the link between strategic objectives and opera

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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 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.

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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 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

Attribute-based Demand Planning: A Powerful Tool for Process Manufacturers


As manufacturing becomes a global process, advances in demand management software have given rise to attribute-based demand management software. In the process manufacturing environment, this software can help manufacturers deal with complex manufacturing processes and increase overall customer satisfaction.

forecasting methods  for more accurate sales forecasting methods that will coincide with the product attributes needed, help out purchasing, and finally, increase overall customer satisfaction. Following are some of the specific advantages of each DM software listed above: 1. Zemeter advanced methods such as baseline forecasting, which uses more than 20 statistical methods, including optimal best fit methods for any series of data business intelligence, which consolidates data from sales, marketing, and operations, and prov Read More

To Have or Not to Have Supply Chain Software: Can the Riddle Be Solved?


In a previous blog post, I discussed two approaches to bringing down the overall cost of your supply chain (by using either cost-cutting or -reducing methods). Another blog was about bringing cost down by using better or best inventory management processes and practices. As we have already discussed the methods, processes, and practices, let’s look now at some of the technological aspects of

forecasting methods  organize and automate the forecasting, planning, execution, and control of these significant processes. As well, flexibility within SCM software is essential to being able to integrate with third parties who are involved in an organization’s supply chain, toward providing end-to-end visibility. SCM software is developed to provide organizations with advance capabilities for data communication, collaboration, and coordination with vendors and suppliers, as well as transportation and shipping organization Read More

A Business Intelligence Agenda for Midsize Organizations: Six Strategies for Success


Midsize companies see business intelligence (BI) as too unwieldy and expensive for them, and use spreadsheets for planning, budgeting, and forecasting. However, BI is well within reach through an incremental approach. Learn about six strategies for midsize companies for choosing and deploying BI solutions that address both business and IT challenges.

forecasting methods  for planning, budgeting, and forecasting. However, BI is well within reach through an incremental approach. Learn about six strategies for midsize companies for choosing and deploying BI solutions that address both business and IT challenges. Read More

TechRadar: Customer Analytics Methods, Q1 2014


Customer insights professionals are faced with tough decisions about which combination of methods will have the biggest impact on marketing and customer experience goals. And new techniques continue to emerge as the complexity of customer data increases. Forrester has identified 15 key customer analytics methods that customer insights professionals must master.

forecasting methods  Customer Analytics Methods, Q1 2014 Customer insights professionals are faced with tough decisions about which combination of methods will have the biggest impact on marketing and customer experience goals. And new techniques continue to emerge as the complexity of customer data increases. Forrester has identified 15 key customer analytics methods that customer insights professionals must master. Read More

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 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

ChainLink Research Releases New Demand Management Report


Have you thought about the fact that the math you are using for your forecasting process was developed in the 19th century? ChainLink did.

forecasting methods  are using for your forecasting process was developed in the 19th century? ChainLink did. Lots of data showing the reduction in forecast accuracy in certain industries, as well as the exciting changes in the industry, became the impetus to do the research and write this report, says Ann Grackin, author of the report Demand Management Technology Evaluation . This report covers Understanding Demand Management Needs Today New Innovation in Planning Data Analytics and Services Rapid Response Read More

Zemeter


Zemeter Demand Planner helps planning, forecasting, sales, and operations arrive at a single set of numbers, so everyone is managing from the same set of data. Zemeter facilitates ease of use and minimizes the effort required to regularly contribute to a demand plan. Zemeter does the up-front work by providing a baseline forecast in views that are meaningful to the various users. The product provides both a reporting and performance engine, with online analytical processing (OLAP) functionality that helps draw the team’s attention to areas costing the company money due to lost sales and unprofitable decisions. Zemeter enhances the timeliness and accuracy of dynamic collaborative demand planning. In addition to Demand Planner, the product modules include Business Analyst, Inventory Planner, Supply Planner, Finite Scheduler, Network Optimizer, Knowledge Repository, and the prepackaged, streamlined Zemeter S&OP product for small to midsized manufacturers. Zemeter modules run on an easy-to-use Microsoft platform, and provide the same intuitive Outlook and Excel interfaces. SCC offices are located in Wilmington, Delaware (US) and Antwepen (Belgium).  

forecasting methods  Demand Planner helps planning, forecasting, sales, and operations arrive at a single set of numbers, so everyone is managing from the same set of data. Zemeter facilitates ease of use and minimizes the effort required to regularly contribute to a demand plan. Zemeter does the up-front work by providing a baseline forecast in views that are meaningful to the various users. The product provides both a reporting and performance engine, with online analytical processing (OLAP) functionality that helps draw Read More

Beyond Budgeting Round Table North America


The Beyond Budgeting Round Table (BBRT) is a network of organizations focusing on planning, forecasting, and control.

forecasting methods  organizations focusing on planning, forecasting, and control. Read More

Traceability 2.0: Ensuring Food Safety through Multi-dimensional Traceability


Ever stricter guidelines and policies to ensure the safety of the US food supply mean many food company executives need to assess their methods of minimizing food safety incidents. Existing “one-up” or “one-back” measures no longer go far enough. Make sure you get a wider view: find out how multi-dimensional traceability (MDT) can help collect and analyze information at every step in the food production process chain.

forecasting methods  2.0: Ensuring Food Safety through Multi-dimensional Traceability Ever stricter guidelines and policies to ensure the safety of the US food supply mean many food company executives need to assess their methods of minimizing food safety incidents. Existing “one-up” or “one-back” measures no longer go far enough. Make sure you get a wider view: find out how multi-dimensional traceability (MDT) can help collect and analyze information at every step in the food production process chain. Read More

More Than Just Email Filtering


The evolving sophistication and rapid proliferation of email-borne threats advance too quickly to be countered with conventional e-mail security methods. Organizations must deploy e-mail security solutions that are complete and include several complementary features to be effective and manageable. This white paper will focus on the features of an effective email security system and the technology addresses these requirements.

forecasting methods   Read More

How to Cook Up Some Marketing Mashups for Your Web Site


The prevalence of Web 2.0 demonstrates that integrating the technology used to manage Web sites is becoming easier. A similar mashup of methods for Web site marketing tools can help you measure how you communicate with customers and help deliver sales opportunities. But before you start cooking, find out how to pick the right ingredients for two simple but effective mashups for Web site subscription and content feedback.

forecasting methods  to Cook Up Some Marketing Mashups for Your Web Site The prevalence of Web 2.0 demonstrates that integrating the technology used to manage Web sites is becoming easier. A similar mashup of methods for Web site marketing tools can help you measure how you communicate with customers and help deliver sales opportunities. But before you start cooking, find out how to pick the right ingredients for two simple but effective mashups for Web site subscription and content feedback. Read More

Transforming Spreadsheets: Planning, Budgeting and Forecasting for Midsize Companies


This white paper describes how workgroups and midsize companies can transform their spreadsheet-only processes to create flexible and timely plans, budgets, and forecasts. It outlines recommendations for implementing a complete performance management system, using an integrated reporting, analysis, and planning solution purpose-built for workgroups and midsize companies.

forecasting methods  Spreadsheets: Planning, Budgeting and Forecasting for Midsize Companies This white paper describes how workgroups and midsize companies can transform their spreadsheet-only processes to create flexible and timely plans, budgets, and forecasts. It outlines recommendations for implementing a complete performance management system, using an integrated reporting, analysis, and planning solution purpose-built for workgroups and midsize companies. Read More