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Documents related to » measure forecast accuracy


10 Tips for Perfect (Nearly!) Inventory Accuracy » The TEC Blog
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

MEASURE FORECAST ACCURACY: cycle counting, documentation, Inventory, Inventory accuracy, Inventory control, inventory setup, Warehouse, WMS, TEC, Technology Evaluation, Technology Evaluation Centers, Technology Evaluation Centers Inc., blog, analyst, enterprise software, decision support.
18-08-2009

Forecast Less and Get Better Results
Forecasting and planning conventions dictate that planning far into the future is a necessity. But is long-term planning really the most productive way to organize your business? No, not really. Detailed forecasts and plans are needed only inside the “planning time fence”—a critical period for acquiring specific components and building certain products—and for many companies, only four to eight weeks into the future.

MEASURE FORECAST ACCURACY: Forecast Less and Get Better Results Forecast Less and Get Better Results Source: Supply Chain Consultants (SCC) Document Type: White Paper Description: Forecasting and planning conventions dictate that planning far into the future is a necessity. But is long-term planning really the most productive way to organize your business? No, not really. Detailed forecasts and plans are needed only inside the “planning time fence”—a critical period for acquiring specific components and building certain
8/14/2007 1:47:00 PM

You Can t Manage What You Don t Measure
Tracking key performance indicators (KPIs) helps ensure that projects are delivered on time and within budget, and creates a system for improving accountability. Once KPIs are established, there needs to be a way to easily track this data—otherwise it will become an arduous task that may be done improperly. Learn how leveraging integrated project management software can help drive your business process improvements.

MEASURE FORECAST ACCURACY: Manage What You Don t Measure You Can t Manage What You Don t Measure Source: e-Builder, Inc. Document Type: White Paper Description: Tracking key performance indicators (KPIs) helps ensure that projects are delivered on time and within budget, and creates a system for improving accountability. Once KPIs are established, there needs to be a way to easily track this data—otherwise it will become an arduous task that may be done improperly. Learn how leveraging integrated project management software can
12/10/2007 9:26:00 AM

How to Measure Customer Satisfaction
Organizations often rely on surveys and questionnaires to determine customer satisfaction ratings, but such methods merely offer a perceived customer rating. Obtaining a realistic measure of customer satisfaction involves computing a metric based on a composite customer satisfaction rating system.

MEASURE FORECAST ACCURACY: How to Measure Customer Satisfaction How to Measure Customer Satisfaction Murali Chemuturi - April 13, 2009 Read Comments Project-based organizations place a lot of emphasis on customer satisfaction, and rightly so, as customer satisfaction is the key for improving these companies internal processes. A customer satisfaction rating (CSR) is often obtained through a questionnaire—the customer satisfaction survey (CSS). This method, however, suffers from the drawback of customers likely being emotionally
4/13/2009

The Loyalty Connection: Measure What Matters and Create Customer Advocates
Recent surveys have shown that 76 percent of respondents rated customer loyalty as extremely or very important to top management. Many companies feel they exercise due diligence in this area, but as global competition increases and markets mature, they’ll have to go that extra mile. To better measure customer’s attitudes and behaviors, companies must make loyalty management an integral part of their business strategy.

MEASURE FORECAST ACCURACY: The Loyalty Connection: Measure What Matters and Create Customer Advocates The Loyalty Connection: Measure What Matters and Create Customer Advocates Source: RightNow Technologies Document Type: White Paper Description: Recent surveys have shown that 76 percent of respondents rated customer loyalty as extremely or very important to top management. Many companies feel they exercise due diligence in this area, but as global competition increases and markets mature, they’ll have to go that extra mile. To
11/30/2007 3:55:00 PM

JustEnough for Sales & Distribution


MEASURE FORECAST ACCURACY: JustEnough's solutions, available for cloud or on premises implementations, can help retailers forecast customer demand, plan merchandise and inventory, and then execute on those plans.

Application Erosion: More Causes and Cures
Application erosion is real and it has a significant impact on the long-term value of technology. It can have various causes, but there is a possible solution to each one of them.

MEASURE FORECAST ACCURACY: That decline can be measured in terms of its latency, the time between the physical action (shipping a product) and the time that the database reflects that action. In a real-time system, the latency is zero. In good implementations, the latency is minimal, measured in minutes or maybe hours. As erosion sets in the latency increases to hours or days, as the users find it less important to update the system. The decline in the quality of the data can also be measured in accuracy. If the numbers are wrong,
3/26/2005

How to Solve Printed Packaging Workflow Issues
Keeping track of the accuracy of packaging components in the pharmaceutical industry can be very challenging. It is important that every company be completely confident that printed packaging workflows are as efficient and effective as possible. Examine how automated proofreading has been proven to be an integral part of solidifying content integrity within a complex packaging workflow process.

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12/8/2008 3:14:00 PM

Zemeter S&OP Helps Akzo Nobel Increase Margins and Evaluate Market Changes
For chemical producers Akzo Nobel, managing a complex supply chain producing more than 2,000 chemical products was an extremely complex task. Akzo Nobel decided to implement a multi-user sales and operations planning (S&OP) system that would be available company wide. Increasing its forecast visibility raised awareness of critical issues earlier—thus reducing inventory and increasing productivity on a global scale.

MEASURE FORECAST ACCURACY: Zemeter S&OP Helps Akzo Nobel Increase Margins and Evaluate Market Changes Zemeter S&OP Helps Akzo Nobel Increase Margins and Evaluate Market Changes Source: Supply Chain Consultants (SCC) Document Type: Case Study Description: For chemical producers Akzo Nobel, managing a complex supply chain producing more than 2,000 chemical products was an extremely complex task. Akzo Nobel decided to implement a multi-user sales and operations planning (S&OP) system that would be available company wide. Increasing
8/15/2007 2:45:00 PM

Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS
Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in-house ERP system in the early 1990s. However, homegrown software can be unwieldy to maintain and difficult to upgrade. In 2001, Fraenkel saw a solution that offered more advanced capabilities, and implemented VAI’s S2K Enterprise Edition for Manufacturing.

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4/23/2007 4:29:00 PM

Transforming Field Service Operations with Mobile Technologies
Whether field service is your primary business or a service offering, incorporating mobile technologies into your existing system can give you a competitive edge. Electronic information capture not only increases reporting accuracy, but it also provides real-time data for your planning, billing, and purchasing needs—bridging the gap between your front-office operations and back-office processes.

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9/25/2007 3:24:00 PM


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