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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...
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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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...
Sage ERP X3 (v. 6) for Discrete Manufacturing ERP Certification Report
Sage ERP X3 (v. 6) is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) solutions in the ERP Evaluation Center

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ERP for Small and Midsized Companies: Time for a Decision
Until recently, enterprise resource planning (ERP) software was rarely considered for use in smaller firms, as core benefits—better business management via

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ERP Upgrades: What''s Your Philosophy? 2012 OAUG Survey on Enterprise Application/ERP Suite Upgrade Strategies
Moving to the latest release of an enterprise resource planning (ERP) system is often perceived as a daunting task. But a new survey of enterprise system

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Deacom ERP Software System (version 14.4) for Process ERP Certification Report
Deacom ERP Software System (version 14.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) for process manufacturing in the ERP

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Midmarket ERP Solutions Buyer’s Guide
For all but the smallest organizations, an enterprise resource planning (ERP) system promises big gains, helping to grow revenue, increase productivity company

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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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Epicor ERP Software System (v. 9.05) for Discrete Manufacturing ERP Certification Report
Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for discrete manufacturers in

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Infor ERP XA
Infor provides business solutions thousands of customers in nearly seventy countries and nineteen languages. The Infor ERP XA (eXtended Advantage) family of

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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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