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 forecasting techniques scm

Browse RFP templates

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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 techniques scm

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 commercially available demand forecasting product. The new technology has been proven to significantly improve forecast accuracy in major global customer installations.

forecasting techniques scm  was clear that conventional forecasting and modeling techniques could not scale to fully take advantage of this data. Therefore, the vendor developed and started deploying a machine learning engine (MLE) as an add-on to its standard product, and has since deployed about 10 implementations.   ToolsGroup has harnessed the power of machine learning to more accurately model demand in difficult forecasting scenarios such as trade promotions, new product introductions (NPIs), extreme seasonality, and product 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.

forecasting techniques scm  | Forecasting Software | Forecasting Techniques | Forecasting Tools | Forecasting Variables | Industry Forecasting | Inventory Forecasting | Load Forecasting | Market Forecasting | Marketing Forecasting | Prediction Accuracy | Production Forecasting | Regression Forecasting | Revenue Forecasting | Sales Forecasting | Seasonal Forecasting | Simple Forecasting | Statistics Forecasting | Supply Forecasting | Trend Forecasting | Weather Forecasting | SCM Forecast Accuracy | SCM Forecasting | SCM Calculating Read More

Reference Guide to Supply Chain Management (SCM) Features and Functions


This guide to supply chain management (SCM) functions/features will help you determine which SCM features are a high priority for your organization. Learn about SCM functions and features for WMS, TMS, international trade logistics (ITL), supplier relationship management (SRM), demand management, supply chain analytics, order management, service parts planning, and more.

forecasting techniques scm  demand management module, collaborative forecasting must comply with process and data standards that have been validated by the Voluntary Interindustry Commerce Solutions (VICS) Council , RosettaNet , and other industry bodies that have modeled these processes for their industries. In addition, a collaborative software system must allow the ability for joint sharing and modeling of demand supply gaps between trading partners. It must allow trading partners to view, drive alternative solutions and Read More

As the Economy Rebounds, Will Your Organization Be Ready for New and Increasing Demand? A Summary of the 2009 APICS Conference


Companies can get the latest on supply chain management trends—from inventory management, forecasting, and sales and operations planning—at the annual APICS Conference and Expo’s seminars and presentations. A summary of the 2009 expo explains what you might have missed.

forecasting techniques scm  to the planning and forecasting cycles. Exposition Hall This year''s APICS exhibition did not have many vendors, but those present were from diverse industry verticals. We already knew of some of the vendors, but others were new. The solution offerings ranged from inventory management, forecasting, advanced planning and scheduling (APS), transportation and warehouse management, inventory optimization, collaboration, etc. Every exhibitor showcased its solution based on its industry vertical or Read More

New Dimensions in EC and SCM Part 4: Using E-Procurement to Leverage Volume


A straightforward way to drive prices down and obtain increased supplier attention is to leverage total purchasing volume through Internet-based auctions. This part addresses the implications of using e-procurement to Leverage Volume, including leveraging volume through outsourcing.

forecasting techniques scm  management, including product development, forecasting, procurement, scheduling, manufacturing, transportation, logistics, inventory management, and customer service. He has written and spoken widely about these topics in a number of industry conferences and publications. CCMI can be found on the Web at www.CCMIservices.com. Mr. Elliff can be reached at (703) 370-2607 or by e-mail at scott_elliff@CCMIservices.com . All materials CCMI 2001. BEGINLYX+ 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 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

forecasting techniques scm  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

Retail SCM Software Trends and 2015 Predictions—Part Two


In this second post of his 2015 retail supply chain trends and predictions series, P.J. Jakovljevic examines the changing role of the retail store, what role inventory optimization plays in omnichannel, and transportation policy optimization.

forecasting techniques scm  iot, scm, scp, sce, wms, tms, industry watch, omnichannel, retail, inventory management, supply chain, execution, order management, store, warehouse, wfm, transportation Read More

A Tale of a Few Good SCM Players - Part 2


Part 1 of this blog post series followed the progress of Manhattan Associates from its inception in 1990 throughout the mid-2000s. During this time, Manhattan Associates was the epitome of an immaculate supply chain management (SCM) software company in terms of market share, growth, profitability, and its products’ capabilities. Indeed, the company was the industry standard for

forecasting techniques scm   Read More

Supply Chain Apptricity: Supply Chain Management (SCM) Competitor Analysis Report


Criteria in this knowledge base pertain to managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse management, international trade logistics, transportation execution, and many other issues for a complete solution, this knowledge base will support your evaluation of an SCM suite.

forecasting techniques scm   Read More

ERP and SCM Implementations Part Two: Interfaces and Priorities


To a large extent, software packages do work out of the box. Packages that do not perform perfectly or as users would expect is when dissatisfaction arises. These can be dealt with in a rational manner through the employment of effective project and change management procedures. However, an area that typically creates problems, whether expected or not, is the development of interfaces between proprietary software that cannot be replaced.

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IBS-Slow but Steady (and Demand-Driven) May Win the SCM Race


IBS, a conservative Swedish enterprise resource planning and supply chain management, seems to be making right moves to remain the leader within its selected segments. However, the road to becoming uniformly globally recognized player will not be smooth.

forecasting techniques scm  and warehousing, planning and forecasting, service management, manufacturing and production, supplier relationship and procurement management, financial management, BI and performance management, and integration and collaboration. It also offers human resource management (HRM) in many countries. Current development activities cover enhancements in the areas of project management and planning, accounts receivable (AR), credit control and management, inventory handling and stocktaking, pricing mechanisms Read More

TEC 2013 Supply Chain Management (SCM) Market Survey Report


This report gives an overview of current considerations for organizations seeking to purchase a supply chain management (SCM) software solution. Based on aggregate data collected from more than 1,400 SCM software comparisons performed using Technology Evaluation Centers’ (TEC’s) TEC Advisor software selection application during 2012, the report details what TEC data reveals about your peers' requirements for SCM solutions, including functionalities, delivery models and access, customization and integration, server and database platforms, and budgeting.

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IBM & ILOG Matrimony: Good for BPM, Uncertain for SCM? -- Part 1


While my two separate blog post series about workflow automation and Business Process Management (BPM) and about the long tails of supply chains were coming to their respective ends, one event that is curiously pertinent to both topics has meanwhile taken place in the market. Namely, at the end of July 2008, IBM acquired ILOG, a specialized software provider with headquarters in France and the

forecasting techniques scm   Read More

3 Key Areas to Reduce Costs with Lean Techniques


Continuous process improvement is more critical than ever for manufacturers to become lean. One key area of focus is on the flow of product from supplier to customer. Naturally, any process that impedes the smooth flow of product is a source of additional cost to the company. Download this white paper now and learn about 3 key areas to reduce costs and improve product flow from quote to cash.

forecasting techniques scm  Key Areas to Reduce Costs with Lean Techniques Continuous process improvement is more critical than ever for manufacturers to become lean. One key area of focus is on the flow of product from supplier to customer. Naturally, any process that impedes the smooth flow of product is a source of additional cost to the company. Download this white paper now and learn about 3 key areas to reduce costs and improve product flow from quote to cash. Read More