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ERP for Manufacturing (SMB)
TEC's new ERP for Manufacturing (SMB) evaluation model targets the software requirements of small and medium enterprises. If your organization doesn't have many sites to operate, seeks a so...
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Documents related to » measure forecast accuracy erp


TEC''s Mid-market ERP-Distribution Buyer’s Guide
Midsize manufacturers and distributors now have access to an array of powerful software solutions that simply weren’t available before. But with so many choices

measure forecast accuracy erp  How does your company measure up in each of these four areas? In a world where customers can find a lower price with the click of a mouse on nearly any product, excellent local customer service is a key differentiator. If your employees feel like they are running 100 miles per hour every day just to keep up with the daily pace of sales, that means everyone is too caught up in the complexity of business processes? and you risk burnout and overlooked tasks. You should be doing everything to find and hire Read More...
Current Trends in Supply Chain Analytics Systems
Supply chain analytics is gaining popularity with organizations, as it is an effective mechanism to monitor and track supply chain performance. And with new

measure forecast accuracy erp  organizations that want to measure their performance against industry standards. Thus, the system should be able to capture data from various publications that publish KPI benchmark figures for various industries. 5. Predefined KPI models Organizations anticipate the benefits of out-of-the-box, predefined KPIs that are based on popular industry-standard supply chain models, such as the supply chain operations reference (SCOR) model. They believe that the out-of-the-box content will help save on Read More...
A Modern Tale of Long (Supply Chain) Tails -- Part I
As a little kid growing up in former (and erstwhile happy) Yugoslavia and watching my elders, day in, day out, downing dozens of strong Turkish coffees with

measure forecast accuracy erp  percent of organizations still measure the weighted mean absolute percentage error (WMAPE), which is an appropriate key performance indicator (KPI) for a small number of items with high volumes and high demand forecast predictability (that form the “head” of the supply chain). But this metrics largely masks the forecast accuracy of slow-moving products that have low volumes and low demand forecast predictability (and that form the ever-longer “tail” of supply chains). Where Does the Tail Read More...
Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

measure forecast accuracy erp  companies to examine and measure their supply chain processes KPIs. Comparing these KPIs with those of competitors allows companies to determine where weak links exist and identify how to make improvements. This helps improve inventory optimization and can provide dramatic ROI and savings. Classify products If companies have a large number of stock units, as in the electrical supplies industry, it is a complex task to classify products. However, as stated in the rules of how to optimize inventory, 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,

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Justification of ERP Investments Part Three: Costs of Implementing an ERP System
Enterprise resource planning (ERP) implementation costs can be divided into one-time costs and ongoing annual costs. Both types of costs can be segmented into

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IntegrateIT ERP 123 V7.2.561 for Discrete Manufacturing ERP Product Certification Report
Technology Evaluation Centers (TEC) is pleased to announce that IntegrateIT product ERP 123 is now TEC Certified for online evaluation of enterprise resource

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ERP Trivia - Every Why Should Have Its Wherefore Part 1: ERP Trends
We take the liberty to comment on the findings of a report, which was recently released by a renowned research organization, and which pinpoints ERP

measure forecast accuracy erp  efforts to identify and measure shortcomings and deficiencies. Most companies are discovering that a quantifiable business need is a prerequisite for a high level of satisfaction with ERP initiatives. Many ERP initiatives are still systems-driven and these are more likely to fail than those that are business led. In addition to a quantifiable business case, businesses are finding that active business leadership in all project phases is another determinant of a high level of ERP satisfaction and it Read More...
Don’t Forget to Factor In Mobile ERP When Selecting a New ERP System
A 2011 study of mid-market manufacturers sought to understand the nature of demand for mobile access to enterprise resource planning (ERP) and other enterprise

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Sage 500 ERP
Sage 500 ERP (formerly Sage ERP MAS 500) is an integrated series of applications covering most areas of business for enterprises with 20 to 1,000 employees

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Aquilon for ERP for SMB Certification Report
Aquilon is TEC Certified for online evaluation of enterprise resource planning (ERP) for small to medium business (SMB) solutions in the ERP Evaluation Center

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Welcome to ERP Showdown: Infor ERP LN 6.1 vs. Epicor Vantage vs. Lawson M3 Discrete Manufacturing Solutions
I''m Larry Blitz, editor of TEC’s Vendor Showdown series. With enterprise resource planning (ERP) systems being the information backbone of the organization, we

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iScala ERP Software
Epicor@s iScala enterprise resource planning (ERP) software enables businesses to automate and manage their standard business processes, and includes an e

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Changing Perceptions on ERP Strategy
Enterprise resource planning (ERP) is designed to be the system of record for operating and managing a business. But there''s still a common perception that ERP

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Sage ERP X3
Sage ERP X3 provides medium-sized businesses with fully integrated functionality in all areas of business for accounting and financial management, purchasing

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