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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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 measure 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

Supply Chain Management (SCM)

Supply chain management (SCM) solutions include applications for managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse management, international trade logistics, transportation execution, and many other issues for a complete solution, this knowledge base will support your evaluation of an SCM suite. 

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Documents related to » measure forecast accuracy scm

SAP SCM-Stepping Out of Obscurity


Major new SAP products are being released in the realms of supply chain management (SCM), manufacturing execution systems (MES), and product lifecycle management (PLM). TEC principal analyst P.J. Jakovljevic examines the solutions that SAP is offering for supply chain executives to expand beyond the traditional boundaries of SCM, PLM, and enterprise resource planning (ERP).

measure forecast accuracy scm  (SCE). The built-in performance measurement and analytics capabilities that have come from the Business Objects acquisition also help. Pervasive supply chain performance management capabilities help users to align supply chain strategy to operations, to gain full visibility into operations, to better understand supply chain dependencies and decision impacts, and to identify root causes for bottlenecks or supply chain breakdowns faster. Most recently, SAP has delivered a plethora of Rapid Deployment 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.

measure forecast accuracy scm  use a general industry measure that is publicly available from Standard & Poors or other sources. The higher the turns, the more working capital you have to invest elsewhere and/or the less total interest you pay the bank for the working capital that you borrow. Gauge your company''s interest expense. If turns are low and interest expense seems high, then you probably have some significant room for improvement in the way that you make decisions about acquiring and producing inventory. Does your company Read More

Baan Seeking A New Foster Home -- A Déjà vu Or Not Quite? Part Two: Baan Under Invensys


Baan's phase under Invensys, after a turbulent three years that have seen considerable people, market and technology change, and considerable worthwhile investment. Recently-announced technology developments seem to be in sync with the market's trends, and leaning shrewdly towards the requirements of holistic business requirements from engineering design collaboration, to CRM and on to SCM.

measure forecast accuracy scm  optimize enterprise-wide business performance. Measure Up focuses on core performance measures such as demand forecast accuracy, lead-time reduction and new product introduction (NPI), with the idea of enabling organizations to establish objective baselines, determine where opportunities lie and ''measure up'' against these critical areas in order to improve Return On Investment (ROI) and establish continuous monitoring improvement initiatives and thereby get the best out of their alredy deployed software. 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.

measure forecast accuracy scm  sales. You can probably measure the accuracy pretty well by saving the forecast and then by comparing it with orders or shipments. What is harder to determine is how much better your purchasing, manufacturing and distribution would have been if forecasts were 50% more accurate, or what the bottom line benefits would have been. But by making some observations like how often a job had to be interrupted to start another one based on a canceled order or a forecast that was wrong, you can begin to build a Read More

Optiant Going to a (Much) Better Place: Logility - Part 2


Part 1 of this series analyzed the late-March acquisition of long struggling inventory optimization (IO) provider Optiant by long well-performing supply chain management (SCM) provider Logility. The blog post then discussed Logility’s acquisition history to set the stage for the current offerings that Optiant will join. The 2004 acquisition of Demand Management, Inc. (DMI) and its Demand

measure forecast accuracy scm  plan, manage, optimize, and measure their supply chain operations and strategic trading partner relationships for direct material procurement, production, logistics, and customer order fulfillment. Logility Voyager Solutions provides a performance-based architecture that allows companies to manage supply chain processes on an exception basis via a Web-deployed control tower or a supply chain portal. Companies can proactively monitor, alert, measure, and resolve critical supply chain events both within Read More

'Collaborative Commerce': ERP, CRM, e-Procurement, and SCM Unite! A Series Study


Now in 2001, the catchphrase is 'Collaborative Commerce', where we unite all of the elements of ERP, CRM, E-Procurement, and SCM into one coherent system within and between organizations. This is the stuff system integrators dream of.

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FinancialForce Supply Chain Management (SCM)


FinancialForce Supply Chain Management (SCM) offers effective configure, price, and quote (CPQ) functionality; order capture for processing with electronic data interchange (EDI) and e-commerce integration; warehouse and drop-ship fulfillment management on the same sales order; and simplified taxation with Avalara AvaTax integration. Data is in real time and easy to access. FinancialForce SCM supports business-to-business (B2B) and business-to-consumer (B2C). 

measure forecast accuracy scm   Read More

IBS-Slow but Steady (and Demand-Driven) May Win the SCM Race


IBS, a conservative Swedish enterprise resource planning and supply chain management, seems to be making right moves to remain the leader within its selected segments. However, the road to becoming uniformly globally recognized player will not be smooth.

measure forecast accuracy scm  inventory management, business performance measurement (BOM), and financial control. It has also provided software solutions for specific distribution-intensive markets, including the automotive and motor vehicle parts distributors, consumer durables, electrical products, electronic components, food, industrial supplies, industrial machinery and equipment, medical equipment and supplies, paper and packaging material, pharmaceutical and healthcare products, independent wholesalers, and Read More

New Dimensions in EC and SCM Part 4: Using E-Procurement to Leverage Volume


A straightforward way to drive prices down and obtain increased supplier attention is to leverage total purchasing volume through Internet-based auctions. This part addresses the implications of using e-procurement to Leverage Volume, including leveraging volume through outsourcing.

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Mid-Market ERP Vendors Doing CRM & SCM In A DIY Fashion Part 2: Market Impact


Tier2/Tier 3 vendors are prepared to endure the onslaught of the likes of SAP, Oracle, and PeopleSoft, as well as of proverbial mid-market leaders such as J.D. Edwards, Baan, Intentia, QAD, IFS and Epicor, and newly formed mid-market juggernauts like Microsoft Great Plains, Best Software (formerly Sage Software), and Navision, to name some. Frontstep and the Syspro Group lead the way.

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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 3


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 was the epitome of a well-managed supply chain management (SCM) software company in terms of market share, growth, profitability, and its products’ capabilities. Indeed, the company set the industry standard for the

measure forecast accuracy scm  Tale of a Few Good SCM Players - Part 3 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 was the epitome of a well-managed  supply chain management (SCM ) software company in terms of market share, growth, profitability, and its products’ capabilities. Indeed, the company set the industry standard for the supply chain execution (SCE) space and was the envy of its competitors. But lately, Read More

Function Points: Are They Really the Right Unit of Measure for Software Sizing?


Function points (FPs) are the most popular unit of measure for measuring the size of software. But because FPs were developed in the 1970s, are they not now outdated for today’s event-oriented programming and multi-tiered software architectures?

measure forecast accuracy scm  the Right Unit of Measure for Software Sizing? Software estimation is one of the first steps in software project planning. Software estimation includes estimation of software size, development effort, cost, and schedule. Function points have become the most widely used unit of measure for software size measurement. Function points (FPs) were developed at IBM by Allan J. Albrecht in the late 1970s to measure the size of the software proposed to be developed. It appears that FP methodology was oriented towa Read More

New Dimensions in EC and SCM Part 5: E-Procurement for Process Improvement


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

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