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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.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 increase forecast accuracy 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

Quote-to-Order (Q2O) Systems

Quote-to-order (Q2O) solutions (sometimes known as configure, price, and quote or CPQ) enable manufacturers to mobilize their mass customization initiatives. These systems can reduce time-consuming quoting and ordering processes, decrease unit costs, and lower sales costs. Q2O suites can further help enterprises increase sales effectiveness across all channels. These solutions help companies that sell complex products and services shift their focus to customer-facing sales and service issues. 

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Documents related to » increase forecast accuracy scm

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 profit dollars. To accomplish this, estimates of future use of stocked items must be as accurate as possible. Discover how analyzing weighted averages, trend factors, and other formulas can help you accurately anticipate—and manage—future demand for your products.

increase forecast accuracy scm  Demand Forecasting Activity , Increase Forecast Accuracy . Helping Distributors Maximize Business Potential Through Education and World-Class Technology From Microsoft Business Solutions Our goal is to help distributors reach their maximum business potential by delivering connected solutions designed to meet unique business processes through trusted partnerships and ongoing service. This report is the third in a series of white papers designed to help forward-thinking distributors increase efficiency, Read More

Identifying the ROI of a Software Application for SCM Part 3: Performing the Data Analysis


By using software tools that help you forecast and work together with others inside your organization, and even with your customers, the forecasts may become more accurate. You can make an assumption on how much improvement might be possible. This part discusses the challenge of performing the data analysis.

increase forecast accuracy scm  costing data that may increase the breadth and depth of decision support from a supply chain management application. This concludes part three of a four part note. Part One covered We need to know now! Part Two covered We are looking for the vendor to tell us! Part Four contains links to the prior parts. About the Author    MARK WELLS has extensive experience on many aspects of supply chain management from within the industry, as a supply chain consultant, and as part of a software development Read More

SmartOps Steps Out in to the Cloud SCM


SmartOps Corporation is a quiet provider of supply chain planning (SCP) solutions that right-size inventory and capture more sales (by way of managing demand) for global enterprises that compete in complexity and uncertainty of their global supply chains. Deploying SmartOps’ solutions has dramatically improved supply chain performance at more than 50 Fortune 1000 and global 2000 companies in

increase forecast accuracy scm  of demand patterns to increase forecast accuracy at the level of granularity required for supply chain planning and execution. EDS is designed to work with demand signals within the enterprise as well as external signals such as downstream point of sale (POS) data contained in Demand Signal Repositories (DSR). The offering helps improve performance of traditional time-series based forecasting systems that focus on historical information but ignore current demand signals. With embedded analytics and Read More

Identifying the ROI of a Software Application for SCM Part 1: We Need To Know Now


If you are not experiencing organizational stress in some of the areas where the benefits may occur, then perhaps a decision to invest in supply chain management software should be postponed. If you do have some pain in one or more of these areas, then you can follow the concepts in this article to understand the potential of supply chain management software to fix the cause of the pain and improve your bottom line. This part discusses the challenge of limited time to perform analysis.

increase forecast accuracy scm  to reduce costs and increase the rate and quality of innovation through a collaborative design process within your enterprise, as well as among you, your suppliers, and your customers. Collaborative Forecasting and Planning    If you track the accuracy of your forecasts, then you have some idea whether or not your company anticipates marketplace requirements well. However, you must look beyond the aggregate annual revenue projection. To understand the impact of demand planning on operations, it must be 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.

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Retail SCM Software Trends and 2015 Predictions—Part One


TEC's P.J. Jakovljevic takes a look at the trends that will shape the retail supply chain in 2015 in this two-part series based on discussions with JDA Software, Manhattan Associates, E2open, Logility, and other notable SCM software players over the past few months.

increase forecast accuracy scm  channels, in order to increase flexibility and reduce pockets of obsolescence and shortages. To make this change, retailers may need to restructure their organizations and manage more points of fulfillment distribution, as well as using technology to better optimize inventory investments, boost visibility, and replenish more effectively.   Planning will have to consider both periodic allocation and response planning to move products to where demand flow is greatest. Inventory liability management will be Read More

10 Tips for Perfect (Nearly!) Inventory Accuracy


Even though we have made enormous advances in technology and business processes, many organizations and manufacturers still cannot perform basic warehouse operations without going into reactive mode. This is mainly due to a lack of proper or basic inventory record maintenance and accuracy. Some organizations don’t measure inventory in an accurate manner, or they don’t even have such

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Key SCM Features to Look For (And Major Players to Look Out For)


Many CFOs, CTOs, supply chain managers, and logistics managers struggle to decide which supply chain management (SCM) software is best-suited to their organizational needs. It doesn’t help that there is an abundance (literally hundreds) of SCM solutions available on the market. Today, I’ll help you understand key SCM modules, and look at some key players with well established SCM solutions

increase forecast accuracy scm  SCM Features to Look For (And Major Players to Look Out For) Many CFOs, CTOs, supply chain managers, and logistics managers struggle to decide which supply chain management (SCM) software is best-suited to their organizational needs. It doesn’t help that there is an abundance (literally hundreds) of SCM solutions available on the market. Today, I’ll help you understand key SCM modules, and look at some key players with well established SCM solutions. Key SCM Features The core purpose of any SCM Read More

IBM & ILOG Matrimony: Good for BPM, Uncertain for SCM? -- Part 2


Part 1 of this blog topic analyzed IBM’s rationale to acquire ILOG to bolster its service-oriented architecture (SOA) and business process management (BPM) platforms. Eventually, with ILOG fully integrated, IBM hopes to establish the following: a leading rule repository and end-to-end rule lifecycle management; a full spectrum of rules definition and execution methods; maximum rules reuse

increase forecast accuracy scm  on all players might increase, especially in light of Oracle''s recently spruced up Oracle BPM suite  on the heels of the acquisition of BEA Systems . Oracle BPM Suite – a Market Threat or Validation? Indeed, the recent acquisition of the former middleware competitor has promoted Oracle into the middleware market leader position, at least in the Java world. For more on Oracle’s strategy behind the ambitiously broad Oracle Fusion Middleware (OFM) suite and on its plans to stratify the middleware produc Read More

Five Ways to Increase Efficiencies with SuccessFactors Compensation


Gaining efficiencies is a top priority for human resources (HR) professionals. But how can HR make compensation management more efficient when flexibility seems nonexistent? Follow these five recommendations to increase efficiencies and effectiveness of compensation management for your small to medium-size businesses.

increase forecast accuracy scm  Ways to Increase Efficiencies with SuccessFactors Compensation Gaining efficiencies is a top priority for human resources (HR) professionals. But how can HR make compensation management more efficient when flexibility seems nonexistent? Follow these five recommendations to increase efficiencies and effectiveness of compensation management for your small to medium-size businesses. Read More

Delivering Employee Compliance Training Online to Reduce Costs and Increase Productivity


Pacific Life needed to bring enterprise-wide learning technology into the company to ensure the success of compliance training. So it implemented a strategic compliance training initiative powered by SumTotal Learning Management to deliver critical online training and to streamline learning management across the enterprise. Find out the results of this initiative, including a shortened compliance training cycle by 82%.

increase forecast accuracy scm  to Reduce Costs and Increase Productivity Pacific Life needed to bring enterprise-wide learning technology into the company to ensure the success of compliance training. So it implemented a strategic compliance training initiative powered by SumTotal Learning Management to deliver critical online training and to streamline learning management across the enterprise. Find out the results of this initiative, including a shortened compliance training cycle by 82%. Read More

Grupo Karim’s Selects NGC’s Fashion PLM and SCM Solution


NGC Software, a provider of product lifecycle management (PLM), supply chain management (SCM), enterprise resource planning (ERP), and shop floor control software and services for brands, retailers, and consumer products companies, has announced that Grupo Karim’s, a diversified global company with core businesses that include private-label apparel manufacturing, has selected NGC’s fashion PLM and

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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

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Mobility in the Manufacturing Workplace: 8 Must-have Mobile Application Qualities to Increase Operational Efficiency


Can mobility redefine the way manufacturing companies run their businesses and increase their competitive advantage, while also creatively cutting costs? With the correct enterprise resource planning (ERP) software, the answer is a resounding “yes.” Find out about the eight qualities a first-rate ERP mobile application should offer.

increase forecast accuracy scm  Mobile Application Qualities to Increase Operational Efficiency Can mobility redefine the way manufacturing companies run their businesses and increase their competitive advantage, while also creatively cutting costs? With the correct enterprise resource planning (ERP) software, the answer is a resounding “yes.” Find out about the eight qualities a first-rate ERP mobile application should offer. Read More

Top 5 Tips to Increase Technician Utilization


It is critical that your service organization monitor the right metrics on an ongoing basis, so problem areas can be quickly identified and remedied. One critical metric is technician utilization, and ongoing poor performance in this metric is a huge red flag for your service organization. Download this white paper and get five tips that can help you increase technician utilization without sacrifi¬cing customer satisfaction.

increase forecast accuracy scm  5 Tips to Increase Technician Utilization It is critical that your service organization monitor the right metrics on an ongoing basis, so problem areas can be quickly identified and remedied. One critical metric is technician utilization, and ongoing poor performance in this metric is a huge red flag for your service organization. Download this white paper and get five tips that can help you increase technician utilization without sacrifi¬cing customer satisfaction. Read More