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Documents related to » forecasting variables


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

forecasting variables  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

forecasting variables  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...
ToolsGroup-Going Back to Its SCP Roots
What has ToolsGroup, the expert in demand-driven SCP, been doing to address demand and supply variability? Read P.J. Jakovljevic’s article and see how

forecasting variables  in the area of forecasting trade promotions. Advertising and promotions are the main activities affecting the baseline demand and demand variability of most consumer packaged goods (CPG) companies. CPG companies spend up to 12 to 15 percent of their gross revenue on trade promotions and related trade funds for retailers. In a problem such as modeling trade promotions, determining their actual impact or “lift” is daunting. A large number of variables with complex interactions are buried in huge Read More...
Beware Supply Chain Excel Users (You Are Doomed!)
Last week, I attended a supply chain management (SCM) user conference in Florida.The main objective of the user conference was to help users learn and share

forecasting variables  product. Demand Planning / Forecasting:   Planners and forecasters rely on Excel to provide insight on changes in demand at any given time within a specified period. Supply chain professionals don’t realize that demand planning is a collaborative process among internal and external parties but also very dynamic in nature. Excel cannot provide the planner the actual demand for the customer, product, or part. Excel lacks the collaboration, visibility, and “what if” analysis needed to generate a Read More...
The Demand-Driven Supply Chain and Demantra
Demand-driven supply chains focus on pulling demand and maximizing effectiveness and profitability while traditional supply chains push products and create

forecasting variables  leverage accurate customer level forecasting to drive production and inventory management. Gulistan needed to model product and distribution channels and to forecast and analyze data at all levels of aggregation. They chose Demantra''s Demand Planner. It provides Gulistan with forecasts at the customer level, factoring in key variables such as seasonality, trends, cannibalization and life-cycle management. Complex decisions regarding new product phase-in and product obsolescence are now made based on Read More...
PEER Planner
The PEER Planner forecasting system runs under Windows, and gives enterprises the tools needed to coordinate plans and develop forecasts. Features of the

forecasting variables  Planner The PEER Planner forecasting system runs under Windows, and gives enterprises the tools needed to coordinate plans and develop forecasts. Features of the product include automatic baseline forecasts, centrally developed and distributed by customer account, region; forecast error tracking for multiple views via at-a-glance graphical views; judgemental overrides of units and revenues; and field sales composites track input from the sales team or customer. It also includes promotion and event Read More...
Engineering and Environmental Simulation Software for Water Resource Applications
Identifying and managing the risks associated with water resource projects is a challenge due to the variables of water systems. To overcome this challenge, you

forecasting variables  and Environmental Simulation Software for Water Resource Applications Identifying and managing the risks associated with water resource projects is a challenge due to the variables of water systems. To overcome this challenge, you need to compile all available information into a framework that can be used to predict the outcome of alternatives. Find out how a computer simulation model can help water resource engineers improve the financial and environmental performance of their operations. Read More...
Should Your Software Selection Process Have a Proof of Concept? Part One: Structures and the Selection Process
This article explores how the proof of concept (POC) fits into the software selection process, when a POC should be undertaken, structural variables, and the

forecasting variables  Your Software Selection Process Have a Proof of Concept? Part One: Structures and the Selection Process Introduction There are a number of studies that point to a high rate of enterprise resource planning (ERP) and customer resource management (CRM) implementation failure. There are many reasons for these failures. The selection phase has been identified as a key area where problems arise. The proof of concept (POC) is a tool sometimes used within the selection process to overcome these issues. The Read More...
Case Study: Fetco Home Decor
Fetco Home Decor, designer and wholesaler of fashion frames and other décor products, was relying on Excel spreadsheets to perform its forecasting process. The

forecasting variables  you describe your current forecasting process?” When a consultant posed this seemingly routine question to Katie Ward, Director of Planning and Forecasting at Fetco Home Decor, she replied with a metaphor that symbolized her three-year experience of forecasting with Excel spreadsheets: “I feel like I’m caught between hell and a dartboard!” The phrase resonated with the team because they have heard similar responses, though less animated, from hundreds of other customers who have made the switch Read More...
Field Service Management (FSM) RFI/RFP Template
Customer Engagement Management, Contract and Warranty Management, Work Order Management, Inventory, Logistics, and Parts Planning, Workforce Forecasting and

forecasting variables  and Parts Planning Workforce Forecasting and Planning Scheduling and Routing Integration and Analytics &Reporting and Technical Functionality This functional and technical requirement set template covers industry-standard functional criteria of Field Service Management (FSM) that can help you easily gather and prioritize your business needs in a simple and categorized excel document. More than a RFP template, it is a working document that serves as a knowledge base reference throughout the life-span of Read More...
The Case for Spreadsheet Automation: A High ROI Alternative to Traditional Budgeting, Forecasting, and Management Reporting
How can a budget administrator, burdened with the task of gathering data from hundreds of spreadsheets from all over the organization, manage this monumental

forecasting variables  Alternative to Traditional Budgeting, Forecasting, and Management Reporting How can a budget administrator, burdened with the task of gathering data from hundreds of spreadsheets from all over the organization, manage this monumental undertaking? Additionally, how to avoid using a costly packaged budget application that doesn’t take the organization’s business rules into consideration? The solution: a spreadsheet automation tool that easily adapts to the organization’s unique corporate processes. BE Read More...
Performance Management for Finance Executives: Driving Performance with Insight
With clear visibility into financial and operational performance information, financial executives can quickly identify variables that contribute to failed

forecasting variables  Management for Finance Executives: Driving Performance with Insight With clear visibility into financial and operational performance information, financial executives can quickly identify variables that contribute to failed objectives as well as factors that enable success. This report provides guidance for implementing effective business performance management and the corresponding capabilities and enabling technologies that help improve financial and operational control. Read More...
Spreadsheets: An Inadequate Solution for Budgeting, Forecasting and Reporting
Mid-size organizations have been conducting their budgeting and forecasting through a readily-available, inexpensive, and easy-to-use application—the

forecasting variables  Inadequate Solution for Budgeting, Forecasting and Reporting Mid-size organizations have been conducting their budgeting and forecasting through a readily-available, inexpensive, and easy-to-use application—the spreadsheet. But spreadsheets fail to support complex planning processes, which involve multiple people, require real-time access to data, and demand comprehensive security. Discover how the Adaptive Planning budgeting and planning application can help you meet these needs. 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,

forecasting variables  | 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...

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