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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...
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...
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  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...
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...
Results an MTO Manufacturer Can Measure
This case study covers why a sporting goods and apparel manufacturer''s selection team chose to purchase and implement the Made2Manage® Enterprise Business

measure forecast accuracy  an MTO Manufacturer Can Measure This case study covers why a sporting goods and apparel manufacturer''s selection team chose to purchase and implement the Made2Manage® Enterprise Business System from Made2Manage Systems. Read More...
ShopSocially to Help Retailers Measure Social Commerce Benefits
ShopSocially, a social commerce software provider, has announced the addition of an A/B Testing framework to its platform, so that Internet retailers can

measure forecast accuracy  to Help Retailers Measure Social Commerce Benefits ShopSocially , a social commerce software provider, has announced the addition of an A/B Testing framework to its platform, so that Internet retailers can measure the exact incremental business benefits accrued by adding onsite social commerce modules on their e-commerce Web sites. ShopSocially is a comprehensive social commerce platform that brings “social to commerce” and not the other way around. The vendor makes the entire shopping Read More...
Vendors Strive for Segment Pack Leader Status; Does Retalix Measure Up?
Software vendors strive to be leaders in their areas of expertise and Retalix seems to be no exception. But how do we recognize a segment pack leader and what

measure forecast accuracy  Leader Status; Does Retalix Measure Up? Background Retalix is a supply chain software and solutions provider headquartered in Dallas, Texas (US) and Ra''anana, Israel with a truly focused vertical orientation in the retail food industry, worldwide. Retalix''s growth strategy over the past several years has been to expand its enterprise and supply chain management applications while maintaining close integration with their widely installed, in-store solutions. It has grown both organically and through 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

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...
How Is Business Process Management Applicable to Financial Services?
Business process management (BPM) allows financial services companies to manage internal processes and to increase efficiency and accuracy. Organizations

measure forecast accuracy  business process management,BPM,financial services industry,Sarbanes-Oxley Act,SOX,compliance,industry-specific BPM solutions,BPM components 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...
Killer Key Performance Indicators for Professional Services
With the growing significance of services to the bottom line, it’s never been more important to effectively monitor, measure, and manage your services business.

measure forecast accuracy  important to effectively monitor, measure, and manage your services business. Knowing which key performance indicators (KPI) can help drive success and contribute to your bottom line is essential. But with over 150 KPIs available, where do you start? Discover how these few small key improvements can help your service business performance. 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

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...
Measure, Analyze, and Manage: Optimizing Marketing Results with Business Analytics
By adopting a data-driven approach that incorporates business intelligence (BI), predictive analytics and performance management capabilities, marketing

measure forecast accuracy  Analyze, and Manage: Optimizing Marketing Results with Business Analytics By adopting a data-driven approach that incorporates business intelligence (BI), predictive analytics and performance management capabilities, marketing executives can empower their teams to measure, analyze, and manage marketing efforts for greater effectiveness and contribution to top line revenue growth. These advanced analytics techniques help marketers harness all of their data, detect patterns of customer behavior, and Read More...

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