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 forecasting techniques scm

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 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

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

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. Read More

New Dimensions in EC and SCM Part 5: E-Procurement for Process Improvement


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

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. BEGINLYX9 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

SCM Software for Real World Manufacturing: A Case for Mission Critical Use


In an ideal world, we can have an exception free manufacturing operations. And for the most part, it will be a "management by exception" operations with no constraints or bottlenecks to worry about. But in reality manufacturing is all about managing constraints. A lot of constraints! This article discusses the impacts of constraints on manufacturing planning and execution and how a well implemented SCM software can help in overcoming these constraints.

forecasting techniques scm  Software for Real World Manufacturing: A Case for Mission Critical Use Introduction As any experienced production or operations manager will tell you, there is real challenge in manufacturing execution processes and that production planning and scheduling does not help. Everyday the manager comes across machines breaking down, bottlenecks in the production lines, human resource problems, wastage of time in machine changeovers, impossible product delivery deadlines, variable raw material quality, raw Read More

The SCM Perspective: 2009 in Review-and What You Can Do to Weather the Storms of 2010


In spite of the 2009 recession, some SCM vendors were able to create traction in the supply chain space this year. From an industry landscape perspective, three events from 2009 will have a more far-reaching impact than any other in this space, primarily because they’re priming the conditions for still more vendor competition and industry volatility in the year to come.News item: Oracle

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A "Tell All" Chat with SAP's SCM Product Marketing Team


My recent article SAP SCM – Stepping Out of (Relative) Obscurity analyzed SAP’s revamped comprehensive supply chain management (SCM) suite, its major components, and its supply chain process bundles. In addition to receiving a number of public comments and ratings by TEC’s readers, I was recently roasted privately during a lunch meeting with a couple of peers. Namely, they expressed their

forecasting techniques scm  still opt for BoB forecasting and demand planning solutions (e.g., Logility, Demantra/Oracle, Smart Software , etc.)? SAP SCM : We can only point out that we have many happy and successful customers leveraging the SAP planning solutions. Demand Planning is the highest area deployed in this space. PJ : What is your view on Manhattan Associates ’ attempt to marry planning and execution within its SCOPE (supply chain optimization-based planning & execution) suite and based on its SCPP (Suply Chain Process 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.

forecasting techniques scm  Enterprise resource planning,enterprise resource planning software,enterprise resource planning implementation,successful erp,survey erp,tool erp,what is erp,benefits of erp,benefits of erp system,best erp software,best erp system,best erp systems,compare erp systems,cost erp,cost of erp implementation Read More

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 techniques scm  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

Macola ERP Supply Chain Management (SCM): 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.

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How to Get the Most from Your Supply Chain: SCM Reaches the Mid-market


Today’s midsized distributors can benefit from their software systems in ways that were impossible a few years ago. By layering advanced, affordable supply chain management (SCM) and electronic data interchange (EDI) functionality on top of their existing enterprise resource planning (ERP) system, they can profit from improved productivity and lower labor costs. Find out how.

forecasting techniques scm  edi solutions,edi software,edi management,electronic data interchange solutions,edi gateway,edi compliance,edi translation,edi mapping,edi infrastructure,web edi Read More

E2open Buys icon-scm, Makes Waves in Supply Chain Space


E2open and icon-scm have just combined to create a collaborative planning and execution software stalwart, enabling brand owners and their trading partners to work together to improve their supply chain performance by continuously solving real problems with better information. The transaction, valued at approximately $34 million in total (more than three times icon-scm’s revenues), represents an

forecasting techniques scm  plan generation (demand planning, forecasting, inventory optimization, etc.) and far too little on horizontal process enablement. SCM is a ''team sport'', requiring different functions to work together to solve a problem. Some soccer teams have always had brilliant individual players, but these teams seldom do well on the world stage, because they play as individuals, not as a team (the Netherlands and my home countries, former Yugoslavia and now Serbia, being great examples). Germany and the current team 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 rapid response to changing markets—and increasing competition—difficult, if not impossible? Discover how you can replace tedious annual planning cycles with regular business performance reviews and rolling forecasts, for more informed and accurate decision making.

forecasting techniques scm  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 rapid response to changing markets—and increasing competition—difficult, if not impossible? Discover how you can replace tedious annual planning cycles with regular business performance reviews and rolling forecasts, for more informed and Read More