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Financial Forecasting: Room for Improvement for People, Process and Technology
Preparing an accurate forecast in this volatile business climate is challenging. Still, it is critical for businesses to be able to predict outcomes for the

forecasting process  significantly from the forecast. Forecasting may be equal parts art and science, but the most dialed-in enterprises report using a solid, collaborative process for generating accurate forecasts. 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

forecasting process  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...
Best Practices for Budgeting, Forecasting and Reporting
Corporate budgeting, forecasting, and reporting presents a formidable challenge to most companies, regardless of size or industry. Companies that are able to

forecasting process  Practices for Budgeting, Forecasting and Reporting Corporate budgeting, forecasting, and reporting presents a formidable challenge to most companies, regardless of size or industry. Companies that are able to address budgeting obstacles and improve their process will not only be rewarded with more accurate budgets, more timely re-forecasts, and improved decision-making, but also foster a disciplined financial management culture that will deliver a true competitive advantage 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 process  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, 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 process  selecting planning, budgeting, and forecasting software. By matching your planning process to best practices, facilitated by proper implementation of a planning solution, your organization can significantly improve its financial and operational performance. We hope this guide helps you along in the journey. ABOUT COGNOS, AN IBM COMPANY Cognos, an IBM Company, is the world leader in business intelligence and performance management solutions. It provides world-class enterprise planning and BI software and Read More...
SCT Corporation Means (e)Business For Process Manufacturing
SCT has announced more e-commerce offerings for the process industries, including an expanded vision for their iProcess.sct solution called ''Collaboration in

forecasting process  support for Collaborative Planning, Forecasting and Replenishment (CPFR) and vendor-managed inventory (VMI). SCT''s iProcess.sct also includes sell-side e-commerce and eCRM solutions, with planned expansion to include interactive customer service capability, and access to e-commerce applications via wireless technology. Central to SCT''s product announcements are Interactive Customer Assistance components of iProcess.sct. These will enable real-time customer interaction through SCT''s sell-side Internet Read More...
ITIL Process Maturity Self-assessment
IT managers undertaking any implementation of IT Infrastructure Library (ITIL) processes should understand the concept of process maturity. As a foundation for

forecasting process  Process Maturity Self-assessment IT managers undertaking any implementation of IT Infrastructure Library (ITIL) processes should understand the concept of process maturity. As a foundation for process improvement, these key practices improve the ability of organizations to meet goals for cost, schedule, functionality, and product quality—the ultimate goal being to improve efficiency, return on investment, and effectiveness. Read More...
Business Process Modeling (BPM) Express
TEC’s BPM Express projects include a modified business process modeling (BPM) exercise that supports an accelerated evaluation and selection project.

forecasting process  Process Modeling (BPM) Express TEC’s BPM Express projects include a modified business process modeling (BPM) exercise that supports an accelerated evaluation and selection project. Read More...
Managing the Process of Process: Establishing the Right Goals and Improving Operations and Systems to Hit the Mark
North American process manufacturers face increasing challenges related to heightened security, pricing pressures, global competition, and rising costs. Thus

forecasting process  the Process of Process: Establishing the Right Goals and Improving Operations and Systems to Hit the Mark North American process manufacturers face increasing challenges related to heightened security, pricing pressures, global competition, and rising costs. Thus, continuous improvement of processes is imperative to remaining competitive. How close is your company to world-class? And how focused are you on process improvement? Find out how get started on a process improvement strategy that will hav Read More...
A Guide to Selecting Process Enterprise Resource Planning Software
Today, the issue of regulatory compliance touches every enterprise, and process manufacturers are no exception. To answer the challenge of this new reality

forecasting process  Guide to Selecting Process Enterprise Resource Planning Software Originally published - November 14, 2007 In today''s global economy, manufacturers are facing new challenges. One of the main issues today''s manufacturers must contend with is compliance. As new chemical engineering meets present-day demands in such industries as food and beverage, pharmaceuticals, and textiles, manufacturers must now adhere to both domestic and international standards. According to Technology Evaluation Centers '' ( TEC ''s) Read More...
ERP Discrete Vs ERP Process
To compare process ERP solutions head-to-head based on your organization''s needs and characteristics , visit TEC''s process ERP evaluation center.

forecasting process  Discrete Vs ERP Process ERP Discrete vs. ERP Process People often ask what''s the difference between process and discrete ERP? Here''s a rough overview of the difference. A quick definition from APICS (The Association for Operations Management) describes discrete manufacturing as the production of distinct items such as automobiles, appliances, or computers, whereas process manufacturing covers production that adds value by mixing, separating, forming, and/or performing chemical reactions. It may be Read More...
Ultimus Adaptive BPM Suite 8.3 for Business Process Management Certification Report
Ultimus Adaptive BPM Suite 8.3 is TEC Certified for online evaluation of business process management (BPM) solutions in the Enterprise Resource Planning (ERP

forecasting process  Adaptive BPM Suite 8.3 for Business Process Management Certification Report Ultimus Adaptive BPM Suite 8.3 is TEC Certified for online evaluation of business process management (BPM) solutions in the Enterprise Resource Planning (ERP) Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and Read More...
Course Correction in QA Process Implementation
Course Correction is an expected part of any software development process. The process listed below outlines a process that allows one to review task

forecasting process  Correction in QA Process Implementation Course Correction is an expected part of any software development process. The process listed below outlines a process that allows one to review task assumptions, review accountability, reevaluate schedules, and monitor and control activities through the course correction process. Read More...
Ross ERP (V 7.0.3) Is TEC Certified for Process Manufacturing ERP
TEC is pleased to announce that Ross ERP (V 7.0.3) by Aptean is now TEC Certified for process manufacturing enterprise resource planning (ERP). Ross ERP aims to

forecasting process  ERP (V 7.0.3) Is TEC Certified for Process Manufacturing ERP TEC is pleased to announce that Ross ERP (V 7.0.3) by Aptean is now TEC Certified for process manufacturing enterprise resource planning (ERP).   Ross ERP is built for process manufacturers looking for a complete solution to manage formula and recipe-based manufacturing. The solution’s core components include: Financials ( AP, AR, fixed assets, GL, and project accounting); Manufacturing (maintenance management, materials requirements Read More...
Manufacturing Process Management (MPM) RFI/RFP Template
Product Process Planning, Production Process Design and Validation, Production Modeling and Simulation, Ergonomic Evaluation and Simulation, Application

forecasting process  Process Management (MPM) RFI/RFP Template The Manufacturing Process Management (MPM) RFI/RFP Template lists and describes 311 features and functions found in Manufacturing Process Management (MPM) software solutions. This Manufacturing Process Management (MPM) Template can help you save time, control costs, and communicate clearly with vendors at nearly every stage of your Manufacturing Process Management (MPM) software selection projects. Features and functions included in this Manufacturing Read More...
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