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Software Functionality Revealed in Detail
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 modeling 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

Recruitment and Staffing

Recruitment and Staffing functionality allows the user to select and hire the right people with the right skill sets, as well as track the information regarding their recruitment for later analysis. It covers criteria such as Organization Structures and Modeling, Corporate Branding, Sourcing, Applicant Tracking, Assessment and Selection, Governance and Compliance, Vendor Management Systems (VMS) Portal, Recruitment Analytics and Reporting, and Product Technology. 

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Documents related to » modeling forecast accuracy

ToolsGroup Embeds Machine Learning Technology in Demand Forecasting


ToolsGroup, a provider of demand analytics and supply chain planning (SCP) software, claims to be the first vendor in its class to embed machine learning into a commercially available demand forecasting product. The new technology has been proven to significantly improve forecast accuracy in major global customer installations.

modeling forecast accuracy  baseline demand. ToolsGroup’s demand modeling creates a reliable baseline, then uses machine learning to adjust the baseline by identifying the effect of stimuli and demand indicators at a detailed channel level. It analyzes all the relevant variables and the complex interactions among them in an automated fashion.   As ToolsGroup gained experience with the technology, it was able to decrease the footprint and increase the processing speed, reliability, and product standardization. It can now embed the Read More

APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 2


Part 1 of this blog post series talked about my attendance at the APICS 2009 International Conference in Toronto (Canada) in early October. I attended only a few education sessions, as my visit focused more on exploring the expo floor and talking to the exhibitors. My overwhelming impression from the conference's expo floor was that the main value propositions this year

modeling forecast accuracy  and implementing a quantitative modeling what-if framework based on KPIs designed to make the decisions made within S&OP more optimal; enhancing quantitative modeling with qualitative insights tied to each planning category including the assumptions, risks, and opportunities associated with the plan; adoption of advanced supply chain technology to ensure cohesive S&OP collaboration, with integrated workflow processes and the assurance of data accuracy and integrity; leveraging an enterprise information 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.

modeling forecast accuracy  Reporting Solutions | Data Modeling | Data Integration Functionality | Cash-to-Cash Cycle Times | Key Performance Indicators | Up-to-Date Performance Management Information | KPI | SAP Supply Chain Performance | Benefits of SAP Supply Chain Management | SAP Supply Chain Management | SAP SCM | Best-of-breed Data Integration | Improve Data Availability | Order-to-Delivery Performance | Supply and Demand-related Events | Data Sharing | Increase Customer Service Levels | Integrating Functional and Read More

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 ToolsGroup has developed sophisticated software that analyzes demand history across multiple dimensions, enabling companies to obtain more accurate forecasts and inventory targets for driving outstanding customer-service levels with less global inventory in their supply chains.

modeling forecast accuracy  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

How to Reduce the Cost of Modeling and Simulation within Government Organizations


All government projects must be run as efficiently as possible. Modeling and simulation tools can help maximize efficiency and predict the costs and risks associated with many government projects. Model-building templates, plus features that allow users to share and re-use models and create custom models, can help government successfully design and complete major environmental and infrastructural projects. Find out more.

modeling forecast accuracy  Reduce the Cost of Modeling and Simulation within Government Organizations All government projects must be run as efficiently as possible. Modeling and simulation tools can help maximize efficiency and predict the costs and risks associated with many government projects. Model-building templates, plus features that allow users to share and re-use models and create custom models, can help government successfully design and complete major environmental and infrastructural projects. Find out more. Read More

Kronos Launches Predictive Workforce Scheduling in Healthcare


Kronos has released a new forecasting application, Workforce Forecast Manager, available within the flagship Kronos Workforce Central suite of workforce management (WFM) applications for healthcare organizations, that predicts fluctuating labor demand by leveraging historical volume data.

modeling forecast accuracy  Launches Predictive Workforce Scheduling in Healthcare Kronos has released a new forecasting application , Workforce Forecast Manager , available within the flagship Kronos Workforce Central suite of workforce management (WFM) applications for healthcare organizations, that predicts fluctuating labor demand by leveraging historical volume data. Healthcare organizations can use this application to deliver a more accurate workload plan and build the foundation of a predictive scheduling process.   To 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 well as boost productivity and profitability. The company chose an enterprise resource planning (ERP) solution with distribution-specific functionality, including the ability to integrate data across the entire operation. Learn more about the distribution ERP.

modeling forecast accuracy   Read More

MRP Success Story: Swiss American Products


Learn how Swiss-American Inc., a leading manufacturer of medical products, improved the accuracy of its inventory levels by adopting a new manufacturing system complete lot traceability, manufacturing resource planning (MRP), purchasing, and manufacturing projections.

modeling forecast accuracy  ProcessPro,inventory,case,elta,medical,Manufacturing Read More

Case Study: Newman Technology


Newman Technology realized it needed an enterprise resource planning (ERP) solution for production accuracy and accountability. This case study looks at their results with software from the Plex Manufacturing Cloud.

modeling forecast accuracy  Plex ERP, Newman Technology, Plex Manufacturing Cloud, enterprise resource planning software, manufacturing ERP Read More

Modeling Oracle Workloads


This info sheet looks at how to test and validate Oracle database application performance in a pre-production environment. Find potential storage bottlenecks, compare performance of different storage arrays, and identify optimal configurations.

modeling forecast accuracy  Oracle Workloads This info sheet looks at how to test and validate Oracle database application performance in a pre-production environment. Find potential storage bottlenecks, compare performance of different storage arrays, and identify optimal configurations. Read More

Llamasoft: Supply Chain Design, Modeling, and Analytics Across Product Lines


LLamasoft, long known for strong supply chain design expertise, says that “supply chain design, modeling and analytics” is the more appropriate way to think about this Ann Arbor, Michigan-based firm. Now the last independent supply chain network design firm, LLamasoft focuses on the supply chain execution (that is to say, not planning) side of things. Toby Brzoznowski (co-founder and executive

modeling forecast accuracy  that “supply chain design, modeling and analytics” is the more appropriate way to think about this Ann Arbor, Michigan-based firm. Now the last independent supply chain network design firm, LLamasoft focuses on the supply chain execution (that is to say, not planning) side of things. Toby Brzoznowski  (co-founder and executive vice president) reports that the company is continuing to grow very fast, broaden its product lines, and invest heavily in R&D. Which is, after all, what you would expect Read More

Interstage BPMS


Our product functionality encompasses all of the capabilities of traditional BPM automation, including process modeling, simulation, and automation. In addition Interstage BPMS combines analytics for monitoring KPIs and continuois process optimization.  

modeling forecast accuracy  BPM automation, including process modeling, simulation, and automation. In addition Interstage BPMS combines analytics for monitoring KPIs and continuois process optimization. Read More