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Documents related to » modeling forecast accuracy erp


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,

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ToolsGroup-Going Back to Its SCP Roots
What has ToolsGroup, the expert in demand-driven SCP, been doing to address demand and supply variability? Read P.J. Jakovljevic’s article and see how

modeling forecast accuracy erp  and effective answer. Statistically modeling demand volatility across multiple dimensions (line-order quantities, order-line frequency, forecast error) enables ToolsGroup to handle long tail “lumpy” demand (along with less complex fast movers), very high service levels (e.g., over 99 percent), vertically-integrated or multichannel distribution, and new product introductions (NPIs) or seasonal changeovers.   Discussion with ToolsGroup’s Marketing Expert What follows now is an enlightening Read More
Quantum Retail: Challenging the
Every year-ending holiday season reminds us of the importance of consumer spending and the retail sector for the United States (US) and global economies

modeling forecast accuracy erp  forecasting, historical demand, behavior modeling, intelligent clustering, size optimization, pack optimization, markdown optimization, multi-echelon distribution, multi-objective inventory optimization [IO], assortment rationalization, and model selection) to drive smarter, more granular answers in an automated, exception-driven way. Critical here is the constant evaluation of multiple dimensions of merchandise and location. Quantum’s system identifies and uses the most relevant results, weighted to Read More
A Modern Tale of Long (Supply Chain) Tails -- Part II
Part I of this blog series introduced the notion of long tails in modern supply chains. That blog post also introduced the vendor ToolsGroup and its solution

modeling forecast accuracy erp  of  the traditional demand modeling and inventory optimization modules. Forecast MicroAllocation transforms demand plans into highly detailed forecasts, allocated by day, SKU and account-location.  Combined with the existing statistical inventory modeling and mix optimization capabilities, it helps companies drive service levels up to coveted 99 percent and above, while improving supply chain stability and reducing overall inventories. Service Level Inhibitors and How Forecast MicroAllocation Solves 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

modeling forecast accuracy erp  10. Predictive modeling Predictive modeling will help the system build relationships between various KPIs, based on the past transitional data. For example, the system should be able to find the correlation between forecast accuracy KPI data and the finished goods inventory data, based on past information. The system needs a predictive engine to perform such analysis. Once relationships between KPIs have been established, the system can store them, which will help users to perform root cause analyses. Read More
IFS Applications
Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer

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The ERP Ecosystem
Three major parties (vendors, consulting services, and adopting organizations) are identified in the ERP ecosystem, in which different parties need different

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Zavanti ERP Is TEC Certified for ERP for Services and PPM for PSA Evaluation
TEC is pleased to announce that Zavanti ERP by Zavanti is now TEC certified in the enterprise resource planning (ERP) for services and project portfolio

modeling forecast accuracy erp  the processes for feasibility modeling and analysis.   Zavanti ERP is a system that is purpose-built to meet the needs of its target industries. The ERP system is designed to guide an organization through each stage of the project lifecycle, from project concept through to completion. The integrated ERP suite assists with the control and management of business operations with integrated financials incorporated across the ERP suite. The system is designed as a set of modules which allows the flexibility Read More
The Path to ERP for Small Businesses, Part 2: Evaluation of ERP Software
If you’ve gone through the research phase while looking for ERP, the next major step is the evaluation process. At the end of it, you should have a shortlist of

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ERP Trivia - Every Why Should Have Its Wherefore Part 1: ERP Trends
We take the liberty to comment on the findings of a report, which was recently released by a renowned research organization, and which pinpoints ERP

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Don’t Forget to Factor In Mobile ERP When Selecting a New ERP System
A 2011 study of mid-market manufacturers sought to understand the nature of demand for mobile access to enterprise resource planning (ERP) and other enterprise

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Epicor ERP Software System (v. 9.05) for ETO Manufacturers ERP Certification Report
Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order (ETO

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Is It Time to Purchase a New ERP?
For decades, enterprise resource planning (ERP) replacement has been compared to brain surgery: You just don''t do it unless the patient is dying. So how do you

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Epicor ERP Software System (v. 9.05) for Discrete Manufacturing ERP Certification Report
Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for discrete manufacturers in

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Intelisis ERP
Intelisis is a customizable business solution based on three main processes: ERP, supply chain management (SCM), and customer relationship management (CRM

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