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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.
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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 Read More

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

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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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

AspenTech Keeps on Enhancing aspenONE


Process industries often find the sophisticated software products from Aspen Technology (a.k.a., AspenTech) quite functional and useful in catering to their complex supply chain planning (SCP), manufacturing execution, and engineering process optimization needs. The vendor has about 1,500 companies in the energy, chemical, construction, and pharmaceutical industries as its customers (its name

modeling forecast accuracy  stands for Process Industry Modeling System) optimizes petroleum supply chain planning and scheduling by enabling planners to collaborate more easily to deliver optimal plans faster by visualizing and evaluating multiple scenarios along with plant data to make better and more profitable decisions A new version of Aspen Collaborative Demand Manager helps process manufacturers improve demand forecast accuracy to increase customer service levels, reduce excess inventory, and provide better input 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

Adexa, Inc.


Founded in 1994, Adexa features planning, modeling, and collaboration technologies. Headquartered in Los Angeles, California (US), Adexa has three offices in the United States and eight international offices across Canada, Asia, and Europe. Its global customer base includes over eighty Fortune 2000 industry leaders including General Motors, Hitachi, Johnson and Johnson, Maytag, Philips, Siemens,Teijin Limited, Unilever, Xerox, Firmenich, and AMD.

modeling forecast accuracy  1994, Adexa features planning, modeling, and collaboration technologies. Headquartered in Los Angeles, California (US), Adexa has three offices in the United States and eight international offices across Canada, Asia, and Europe. Its global customer base includes over eighty Fortune 2000 industry leaders including General Motors, Hitachi, Johnson and Johnson, Maytag, Philips, Siemens,Teijin Limited, Unilever, Xerox, Firmenich, and AMD. Read More

Savvion BusinessManager


Savvion BusinessManager is a BPM solution that includes the following components:   Savvion Process Modeler: a process modeling tool that helps translate business process improvement ideas into an online format. Users can map out current business processes, analyze process, simulate results, and identify improvements. Savvion Process Asset Manager: a version-controlled repository designed to help users socialize and share the ideas they've designed in Savvion Process Modeler. It includes search functionality so that cross-functional teams can find and reuse their own ideas and those of their colleagues. BPM Studio: a development environment for technical business analysts and IT professionals. BPM Studio incorporates wizard-driven features, which can make it easier for users to assemble and roll out process-driven solutions. BPM Server: a scalable set of Java-based engines that manage running process applications. The server provides a set of services for executing and managing business process applications, including integration, workflow, and business rules. BPM Portal: BusinessManager's online task management and monitoring system. It includes dashboards and many reporting, analysis, and exception intervention options for managers, as well as task management interfaces for day-to-day activities. Savvion Business Expert: an add-on product to the BusinessManager suite designed to help business users identify key performance indicators (KPIs), analyze problems, triage short-term solutions, and optimize long-term solutions.    

modeling forecast accuracy  Process Modeler: a process modeling tool that helps translate business process improvement ideas into an online format. Users can map out current business processes, analyze process, simulate results, and identify improvements. Savvion Process Asset Manager: a version-controlled repository designed to help users socialize and share the ideas they''ve designed in Savvion Process Modeler. It includes search functionality so that cross-functional teams can find and reuse their own ideas and those of their Read More

Newman Technology Cuts Inventory Costs by 25 Percent; Achieves 98 Percent Inventory Accuracy


Newman Technology was using a paper trail system to manage a lot of traffic, and realized that it needed a modern-day solution for production accuracy and accountability. It needed a robust tool and disciplined processes for managing its inventory, purchase orders, and accounts receivables. Learn how Newman Technology improved its communication with suppliers and gained visibility into suppliers’ operations.

modeling forecast accuracy  cloud ERP, cloud supply chain solution, supply chain visibility, supply chain management Read More

Sage Fixed Assets


A trusted name in fixed asset management for 30 years, Sage Fixed Assets solutions help eliminate redundant data entry, increase accuracy, and reduce costs while guarding against regulatory noncompliance. By combining numerous tax and accounting rules, as well as more than 50 depreciation methods and an intuitive interface, Sage Fixed Assets delivers the most complete fixed asset management solution available. With comprehensive depreciation calculations for financial and tax reporting, asset inventory tracking and reconciliation, construction-in-progress management, and customized reporting, companies can effectively manage every step of the fixed asset lifecycle—from acquisition to disposal.

modeling forecast accuracy   Read More

10 Tips for Perfect (Nearly!) Inventory Accuracy


Even though we have made enormous advances in technology and business processes, many organizations and manufacturers still cannot perform basic warehouse operations without going into reactive mode. This is mainly due to a lack of proper or basic inventory record maintenance and accuracy. Some organizations don’t measure inventory in an accurate manner, or they don’t even have such

modeling forecast accuracy   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 profit dollars. To accomplish this, estimates of future use of stocked items must be as accurate as possible. Discover how analyzing weighted averages, trend factors, and other formulas can help you accurately anticipate—and manage—future demand for your products.

modeling 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

FDM4 ERP


FDM4 is an end-to-end enterprise solution to support businesses of all sizes. The enterprise resource planning (ERP) software allows for forecast replenishment, purchasing, order entry, customizable pre-packs, customer-specific packing rules, dynamic line sheets, and a product load tool that allows users to load new items into the ERP from a spreadsheet. The FDM4 suite also offers import management, intelligent allocations, customer relationship management (CRM), order processing, business-to-business (B2B) and business-to-consumer (B2C) e-commerce, freight calculation, integrated electronic data interchange (EDI), advanced shipment notices (ASNs), radio frequency warehouse management, multicompany and multicurrency financials, and a graphical executive dashboard. FDM4 can be configured for hard goods product lines or with flexible matrices for style, color, size, and unlimited features. FDM4 solutions is available in a licensed model with on-premise hardware or as software as a service (SaaS) in a hosted environment.  

modeling forecast accuracy  ERP FDM4 is an end-to-end enterprise solution to support businesses of all sizes. The enterprise resource planning (ERP) software allows for forecast replenishment, purchasing, order entry, customizable pre-packs, customer-specific packing rules, dynamic line sheets, and a product load tool that allows users to load new items into the ERP from a spreadsheet. The FDM4 suite also offers import management, intelligent allocations, customer relationship management (CRM), order processing, Read More

Achieve a Complete Business Picture with a BI Dashboard


With the right business intelligence (BI) solution, any enterprise can improve performance, decrease time to market, analyze and forecast data, and achieve competitive advantage. However, it is important to consider whether your BI provides timely, clear data and integrates data from every possible source within the organization. The enterprise must carefully consider its specific requirements and choose a solution that provides the right information to the right user at the right time. Download this report to learn more.

modeling forecast accuracy  a Complete Business Picture with a BI Dashboard With the right business intelligence (BI) solution, any enterprise can improve performance, decrease time to market, analyze and forecast data, and achieve competitive advantage. However, it is important to consider whether your BI provides timely, clear data and integrates data from every possible source within the organization. The enterprise must carefully consider its specific requirements and choose a solution that provides the right information Read More