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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
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
ToolsGroup-Statistics-based Supply Chain Planning
ToolsGroup continues to carve out a space for itself in supply chain. Not satisfied with being the last remaining independent multi-echelon inventory

forecasting variables  inside ToolsGroup’s  Trade Promotion Forecasting  solution, other than to say that it uses artificial intelligence to analyze promotional events, identify specific qualitative and quantitative variables that have the most impact on demand, and generate a set of rules that model the impact of promotional events on normal sales. ToolsGroup’s Solutions Demand Forecasting Demand Collaboration Hub (DCH) Demand Sensing Trade Promotion Forecasting Trade Promotion Optimization System (TPOS) Inventory 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
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
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
Smart Software
Founded in 1984, Smart Software is a provider of enterprise-wide demand forecasting, planning, and inventory optimization solutions. Smart Software@s flagship

forecasting variables  provider of enterprise-wide demand forecasting, planning, and inventory optimization solutions. Smart Software''s flagship product, SmartForecasts, has thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Abbott Laboratories, Metro-North Railroad, Siemens, Disney, Nestle, Nikon, GE, and The Coca-Cola Company. Smart Software is headquartered in Belmont, Massachusetts. Read More
How Best-in-class Plan, Budget, and Forecast in Today’s Dynamic World
Prospects for the global economy remain precarious. But effective financial planning, budgeting, and forecasting can enable successful decision making even in

forecasting variables  financial planning, budgeting, and forecasting can enable successful decision making even in periods of unprecedented change. Dynamic financial planning enabled through five key elements—process, organization, knowledge management, technology, and performance management—give business leaders the tools to take action and emerge even stronger. Find out how. Read More
How to Improve the Accuracy of Your Forecasts
Increased competition, lower margins, and more customer demands mean that distributors have to provide better product availability and more services with fewer

forecasting variables  your Forecasts : Demand Forecasting (Wikipedia) How to Improve the Accuracy of your Forecasts Forecasts is also known as : Demand Forecasting , Demand Forecasting & Inventory , Multi-dimensional Forecasting , Demand Works , Improve Demand Planning , Forecast Plan Cuts Costs , Forecasting Software , Predict Customer Demand , Calculating Demand Forecast , Realized Demand Quantity , Demand Forecasting Activity , Demand Forecasting Methods , Demand Forecasting Models , Toolkit Demand Forecasting , Methods to Read More
Terra Technology
Terra Technology''s real time forecasting (RTF) solutions use pattern recognition mathematics to monitor daily demand signals. RTF is compatible with demand

forecasting variables  Terra Technology''s real time forecasting (RTF) solutions use pattern recognition mathematics to monitor daily demand signals. RTF is compatible with demand planning solutions from major enterprise resource planning (ERP) and supply chain vendors, including Manugistics, SAP, and i2 Technologies. The company''s real time inventory (RTI) offering is a multi-echelon inventory optimization solution which includes the following capabilities: daily inventory target updates; full integration with conventional plan 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
A Complete View of the Enterprise: Linking Operational and Financial Planning in Global Organizations
Accurate forecasting requires many different views of the business. Increasingly, the finance department must make the links between forward-looking data from

forecasting variables  in Global Organizations Accurate forecasting requires many different views of the business. Increasingly, the finance department must make the links between forward-looking data from core operations and explain to stakeholders how this will impact the balance sheet and cash flow statement. How can chief financial officers lead the effort to make their operational and financial planning more agile, detailed, reliable, and efficient? Learn more. Read More
Demand Management Software Evaluation Report
If your business primarily needs forecasting, marketing, merchandising, simulating, and planning support, you will find vendors in the demand management

forecasting variables   Read More
BI360
Solver@s BI360 solution is a powerful, Microsoft-based suite of modules for ad-hoc reporting, financial reporting, consolidations, budgeting, forecasting

forecasting variables  financial reporting, consolidations, budgeting, forecasting, modeling, dashboards, collaboration, and data warehousing. Solver offers a feature-rich, action-based BI360 Insight collaboration portal to deliver complete insight into every facet of the enterprise. This collaboration portal integrates seamlessly with BI360''s other BI modules as well as with third-party reporting solutions, giving your organization a single, Web-based user interface where information workers can view and discuss all reports Read More
Financial Planning, Budgeting, and Forecasting in the New Economy
Although we''re starting to see recovery from the recent economic crisis, market volatility is still a major factor influencing businesses to improve their

forecasting variables  Planning, Budgeting, and Forecasting in the New Economy Although we''re starting to see recovery from the recent economic crisis, market volatility is still a major factor influencing businesses to improve their financial planning, budgeting, and forecasting processes. The keys to effective financial planning, budgeting, and forecasting are embodied by a best-in-class approach that carefully considers all factors, adaptive planning, and collaboration. Get the details in this report. Read More

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