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 forecasting variables 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 variables 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 variables scm  Machine learning takes demand forecasting to new heights because older technologies could not solve the difficult problem of measuring the impact of external stimuli on baseline demand. ToolsGroup’s demand modeling creates a reliable baseline, then uses machine learning to adjust the baseline by identifying the effect of stimuli and demand indicators at a detailed channel level. It analyzes all the relevant variables and the complex interactions among them in an automated fashion.   As ToolsGroup Read More

Planning and Allocation versus Replenishment: When Is Each the Best Strategy?


Assortment optimization, pricing decisions, and promotional activity fall flat if a product is not available for purchase. Out-of-stocks, overstocks, and markdowns drive down already strained profit margins. Replenishment, however, maximizes sales while minimizing inventory expense. By understanding replenishment, and planning and allocation, enterprise can determine the best strategies for addressing forecasting and inventory concerns, and improve profit margins.

forecasting variables scm  each period from the forecasting and replenishment between introduction and exit are extended as well. Transitioning from One Solution to the Other Not every item always shows clear signs as being best addressed by only one solution. Often, items will show characteristics that are best addressed by replenishment during one portion of its lifecycle and at other times be best addressed by P&A. Newly introduced items are often best supported by P&A. The attention to detail and focus on additional pricing Read More

Understanding and Managing Supply Chain Risk


As supply chains continue to grow in size and complexity, companies are focusing more of their energies on managing supply chain risk. While the topic is gaining prominence in boardrooms, many companies do not yet fully comprehend the risks they face. But understanding risk is the first step to managing it—and using the right IT tools can help. Learn what steps you can take to better address your supply chain risks.

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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 variables scm  | 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 Forecast Accuracy | SCM Demand Forecast Accuracy Read More

Pricing and Revenue Optimization: A Manufacturing Perspective


Pricing and revenue optimization is the process of improving business margins by either increasing unit prices or increasing gross revenues. This type of optimization is fast being recognized as having the capability to help businesses grow margins significantly. In fact, studies have shown that it can add a 15 to 50 percent incremental margin to the bottom line.

forecasting variables scm  Collaborative Evaluation | Collaborative Forecasting | Collaborative Innovation | Collaborative Logistics | Collaborative Management | Collaborative Organization | Collaborative Planning | Collaborative Planning Forecasting | Collaborative Planning Forecasting and Replenishment | Collaborative Planning Forecasting Replenishment | Collaborative Planning Forms | Collaborative Planning Process | Collaborative Planning Sheet | Collaborative Planning Template | Collaborative Planning Tool | Collaborative Read More

SSA Global finds Little Known SCM Gems in Filling Out its Solution Portfolio


SSA Global's strategy to grow both organically and through acquisition while developing an end-to-end suite of applications with one open platform architecture has allowed this traditional enterprise resource planning vendor to evolve into a supply chain management solutions provider.

forecasting variables scm  attendance, assignment monitoring, and forecasting. SSA Global also competes well in 3PL and manufacturing verticals with its advanced distribution capabilities, leveraging technologies gained from the EXE acquisition, such as SSA Value for value-added services, and SSA Billing and SSA Optimize for space utilization. Moreover, SSA Global offers key vertical clients participation in industry advisory boards (IAB) that are configured by vertical to drive future requirements and to discuss hot issues Read More

3 Critical Considerations When Choosing Your SCM Solution


SCM software selection is a tricky and painful activity for most companies. Why? Despite the plethora of solutions currently available, it may be hard to find one that fits a company’s business model. What should companies do to ensure they are well prepared for choosing the best-fit SCM solution? TEC SCM research analyst Phil Reney offers three critical considerations to help companies in search for an SCM solution.

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Epicor ERP 10: 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 variables scm   Read More

ERP and SCM Implementations Part One: Doing Too Much Too Soon


In order to get ahead of the systems development power curve, companies are attempting what is equivalent to executing a quadruple jump in ice skating; running a sub 3:50 minute mile in track; and winning the Tour de France in cycling--all in the same year. How? By trying to implement enterprise resource planning (ERP) and supply chain management (SCM) software at the same time. Read on why this is an ill-advised course of action with an extremely low probability of success.

forecasting variables scm  erp change management,erp costs,erp crm,erp definition,erp distribution,erp edi,erp education,erp enterprise,erp business process,erp business,erp best practices,erp applications,erp application,erp advantages,erp 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 variables scm  for managing pricing activities. Forecasting Reliable forecasts are based not only on algorithms that are appropriate to the business setting, but also on an inclusive, highly integrative process that gathers all data that can impact the ultimate demand placed upon the supply chain. Data granularity is critical to ensuring that the right product at the item level is produced or distributed. Superior forecast processes require the evaluation of historical data as well as the current demand activity, and Read More

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

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Elementum Does Mobile End-to-end SCM


After about two years of stealth operation, Elementum, a novel mobile cloud platform for holistic supply chain management (SCM), announced that it has more than $60 million in funding and several major customers. The Silicon Valley-based startup has $44 million in Series B funding from Lightspeed Venture Partners and Flextronics (which was also the major pilot customer) and brand name customers like Dyson and Enphase Energy Inc.

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Simple SCM Document Exchange


Abrica.net is a "software-as-service" collaboration solution that enables supply chain partners, of all sizes, to quickly, easily and inexpensively exchange business documents. To send a supply chain document, simply "print" it to the Abrica printer.

forecasting variables scm   Read More

Brewing Up a Better Schedule for a Product with Many Variables


For the coffee producer Mother Parkers, scheduling coffee production across two plants was an ever-increasing challenge. Mother Parkers decided to take proactive steps toward consolidating its day-to-day scheduling data by engaging Supply Chain Consultants (SCC) to help. SCC applied its scheduling algorithms to improve schedule attainment, visibility, and stability—exactly what Mother Parkers needed.

forecasting variables scm  Up a Better Schedule for a Product with Many Variables For the coffee producer Mother Parkers, scheduling coffee production across two plants was an ever-increasing challenge. Mother Parkers decided to take proactive steps toward consolidating its day-to-day scheduling data by engaging Supply Chain Consultants (SCC) to help. SCC applied its scheduling algorithms to improve schedule attainment, visibility, and stability—exactly what Mother Parkers needed. Read More

A Tale of a Few Good SCM Players - Part 1


Throughout the late 1990s and the mid-2000s, Manhattan Associates was the epitome of a well-managed supply chain management (SCM) software company in terms of market share, growth, profitability, and its products’ capabilities. Simply stated, the company set the industry standard for the supply chain execution (SCE) space and was the envy of its competitors. The

forecasting variables scm  to include Planning and Forecasting, and Inventory Optimization (IO) modules. While the best-of-breed IO vendors like  SmartOps ,  Optiant , and  ILOG LogicTools  (now part of IBM ) do not compete with Manhattan for the same business, these same vendors, at least in my observation, have a somewhat different view of the IO world than Manhattan does. Namely, all of the above named companies are manufacturing-process-centric. They provide bolt-on optimization engines essentially for  enterprise Read More