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 measure forecast accuracy

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

Documents related to » measure forecast accuracy

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  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

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 their neighbors and relatives (while discussing sports, weather, world politics, and the neighborhood gossip) I would sometimes naively ask for a sip of coffee. The deterring line (a bogey-man tale) from my folks would be that “kids that drink

measure forecast accuracy  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

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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Improving Supply Chain Effectiveness


Increased globalization, volatility in demand and commodity costs, regulatory requirements, and greater dependency on suppliers and other partners have significantly increased the risk of doing business. To manage performance efficiently, midsize companies need a unified planning, budgeting, and consolidation solution. Learn how such a solution can streamline the planning process and help reduce business risk.

measure forecast accuracy  providing a more accurate measure of whether you are meeting your supply chain goals, the application can warn you of potential bottlenecks and identify new opportunities. Know Your Supply Chain Performance, at Any Time SAP BusinessObjects Supply Chain Performance Management provides you with much-needed visibility into supply chain processes such as order to cash. You stay clearly informed about performance metrics such as shipment reliability, perfect-order fulfillment, or supply chain cost (see Figure Read More

Continuous Improvement Case Study: Taking Baby Steps towards Tangible Benefits


To improve supply chain operations with a fresh look and new ideas, Harris Tea worked with a consulting firm, Supply Chain Consultants. The objective was to optimize the entire supply chain, not just the pieces.

measure forecast accuracy  planning production; and scheduling. Measure the capabilities of the business along these dimensions. Gap Analysis Provide a gap analysis that identifies a list of challenges, and highlights items critical to the businesses. Actionable Steps Prioritize a list of actionable steps that can be taken by the company to address the highest impact items from the gap analysis. SCC used a structured interview approach in meeting with executives, management, and others. They evaluated rules, responsibilities, Read More

Microsoft Windows Services For Unix - SFU = DOA?


Microsoft is about to start charging US$149 for its limited collection of Unix-compatible utilities for Windows NT/2000 clients. We forecast a minimal market for this product.

measure forecast accuracy  Microsoft Windows,Microsoft Windows Services For Unix,SFU,Subsystem for UNIX-based Applications,sua,Microsoft Corp,UNIX 2.0,UNIX,logical enterprise network,UNIX resources,Microsoft UNIX Services for Windows,NFS Client & Server,UNIX UID/GID,Telnet Server & Client Read More

Integration and Consolidation of Business Intelligence within Business Performance Management


A growing measure of business performance is financial performance management. Leveraging business intelligence (BI) to map business performance goals requires integrating and consolidating information. Systems Union is embarking on a strategy to triumph in this market.

measure forecast accuracy  Performance Management BI Helps Measure BPM Widespread confusion still persists over the difference between business performance management (BPM) and business intelligence (BI). The difference is best described this way: if BPM is the goal, then BI is the way to reach that goal. Combined, they assess performance management , which helps organizations align strategies by tracking and analyzing key performance indicators (KPI). BPM is the dashboard of the enterprise; it helps decision makers by providing Read More

Managing Risks, Managing Measures: Decision Support Methodologies in Business Part 1: Guidelines


Poor measurement methods can take off millions or more from bottom lines, and contribute at least in part to project failures, corporate inefficiencies and poor technology selections. Industry wide, they have contributed to tens of billions of dollars of unnecessary costs. How do you avoid these expensive mistakes?

measure forecast accuracy  tool that purports to measure value, it is wise to know something about the tool and what it is measuring, as well as why. Poor measurement methods contribute at least in part to project failures and corporate inefficiencies that can take off millions or more from bottom lines and poor technology selections alone have contributed to tens of billions of dollars of unnecessary costs. Methodologies implicit within decision aid tools can bring out value for the users, but the question is if these values are Read More

Adobe Releases 2014 Digital Index Online Shopping Predictions


Adobe releases its 2014 Digital Index Online Shopping Forecast for this year’s holiday season, an important guide for senior marketing and e-commerce executives across industries.

measure forecast accuracy  U.S. retailers are reportedly measured by Adobe Marketing Cloud.)   Adobe data predicts the following (based on the analysis of aggregated and anonymous data of more than 1 trillion visits to 4,500 retail web sites over the last 6 years and 20 billion visits this October): Online prices will hit rock bottom on Thanksgiving Day, lower than on any other day during the holiday season. Record sales of $1.35 billion (USD) are expected on Thanksgiving Day, a 27% increase over last year. Sales on Cyber Monday Read More

Midwest Spring Manufacturing Company


Learn how Mid-West Spring Mfg. Co., a spring manufacturing and stamping wire forming company, improved inventory accuracy by nearly 100 percent, streamlined operations, enhanced customer service, and improved intelligent analysis.

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Validating the Effect of Dedupe/Compression on Storage Performance


This info sheet looks at how to measure the effect of deduplication (dedupe) and compression on storage performance. It all boils down to generating data content patterns that sufficiently stress a storage array.

measure forecast accuracy  looks at how to measure the effect of deduplication (dedupe) and compression on storage performance. It all boils down to generating data content patterns that sufficiently stress a storage array. Read More

Best Practices in Siebel CRM Performance Management: Monitor, Measure, and Manage the End-user Experience


Many frustrated executives find that despite the fortune spent on managing servers, networks, and applications, there are still complaints about the performance, usability, and availability of their customer relationship management (CRM) solutions. How do you know if your CRM system performs for each user? What does it mean when users say the system is slow? An experience management solution can give you the answers.

measure forecast accuracy  performance to the monitor, measure and manage how end users are utilizing the application to optimize business process execution. Contents Executive Summary Why End User Performance Management is needed to optimize Siebel CRM apps ROI Isn''t Real Until It''s Realized The ROI impact of issues with adoption and efficient and effective use Traditional Performance Management Approaches Aren''t Enough Monitoring system and application health is no longer enough for service of business apps Overview of Knoa 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

measure forecast accuracy  accuracy. Some organizations don’t measure inventory in an accurate manner, or they don’t even have such measurements in place. Organizations need to understand that there are multiple benefits associated with having proper inventory management processes in place—to provide not only excellent customer service, but also to help determine future purchases and what needs to be prioritized in the manufacturing plant; reduce operating costs; and provide accurate data for financial records. Inventory 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 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.

measure forecast accuracy  to Improve the Accuracy of Your Forecasts How to Improve the Accuracy of Your Forecasts If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Identifying market trends is essential to good demand planning and peak performance in the manufacturing and retail industries. Consumer Driven Planning for Microsoft Dynamics AX provides insight into demand trends, helps you align your internal processes and policies around accurate demand forecasts Read More