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Merchandising Systems
Merchandising systems are the enterprise back and front-office software solutions upon which the majority of retailers rely to manage and support their daily tasks. These systems typically record p...
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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

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...
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

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...
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  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,

measure forecast accuracy  Demand Forecast Accuracy , Measure Forecast Accuracy , Review Forecasting Accuracy , Forecast Accuracy Improvement , Forecasting Accuracy Methods , Increase Forecast Accuracy , Sample Forecast Accuracy , Equal Forecast Accuracy , Tests Forecast Accuracy , Analysts Forecast Accuracy , Assessing Forecast Accuracy , Modeling Forecast Accuracy , Uncertain Forecast Accuracy , Forecast Accuracy Results , about Forecast Accuracy , Revenue Forecast Accuracy , Planning Forecast Accuracy , Track Forecast Accuracy 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  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...
JustEnough for Retail
JustEnough@s solutions, available for cloud or on premises implementations, can help retailers forecast customer demand, plan merchandise and inventory, and

measure forecast accuracy  for Retail 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. Modules available from JustEnough include Merchandise Financial Planning, Assortment & Space Planning, Price & Markdown Planning, Promotion Management, Allocation and Replenishment. Read More...
Perfect Orders: Improving Customer Satisfaction and Financial Results
Manufacturers and distributors must keep two groups satisfied—customers and owners. They are connected—what improves the satisfaction of one group can impact

measure forecast accuracy  groups, we need to measure that satisfaction. As an old management saying goes, if you do not measure it, you cannot improve it. For customers, some measure of customer satisfaction—a method of determining the score—needs to be in place. For owners, the traditional measurement is profit, the return due the owners. But these two groups and their measurements are connected and therefore must be balanced. Most things that will improve customer satisfaction will, in the short run, hurt profitability. If Read More...
Order Forecast Collaboration: Benefits for the Entire Demand Chain
When raw materials providers, manufacturers, and retailers work together to calculate future order needs, they can all act on the best information available

measure forecast accuracy  preserve order forecast accuracy measures. Order forecasts should also drive actual order quantities. If trading partners have adjusted system quantities over the past few months on order forecasts they will build inventories and sales plans supporting those decisions. If actual orders are generated that are not reflective of these order forecasts, order forecast accuracy decreases and trust in the systems is lost. When order forecasts use the same logic as orders, solutions can enable a direct link to 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

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...
Take the Direct Road to Success with Seamless DSD
The future, they say, is demand-driven. Not having the data you need to forecast your supply and demand processes means you’re in the slow lane toward a

measure forecast accuracy  the Direct Road to Success with Seamless DSD Take the Direct Road to Success with Seamless DSD If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. With the SAP for Retail solution portfolio, grocers can efficiently support the role of a central perishables buyer. In addition, the solutions enable management of supply relationships in mass through a direct-store delivery model. Source : SAP Resources Related to Take the Direct Road to Read More...
Selecting the Right Enterprise Planning Solution: Considerations for Software Evaluators
Companies face an unprecedented need to forecast and plan with speed and accuracy. Planning solutions must leverage the link between planning and analysis to

measure forecast accuracy  the Right Enterprise Planning Solution: Considerations for Software Evaluators Companies face an unprecedented need to forecast and plan with speed and accuracy. Planning solutions must leverage the link between planning and analysis to manage corporate performance. However, many solutions offer only half your planning and performance management needs: analyzing yesterday’s performance. Learn about a solution that can help you predict, plan, and manage tomorrow’s performance, to improve on Read More...
Case Study: Hydro-Scape Products, Inc.
Like many distribution companies, Hydro-Scape needed to streamline and automate its business processes to increase speed and accuracy when serving customers, as

measure forecast accuracy   Read More...
Are Retailers Rational Players Stuck in an Irrational Game? Changing the High-stakes Game of Retail Technology
Continuous change in the retail industry is limiting retailers’ ability to plan, forecast, price, and replenish. Thus, many retailers are facing a dilemma: they

measure forecast accuracy   Read More...

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