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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 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

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

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

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

PTC Creo Elements/Direct 19.0 Is Available


PTC announces the availability of version 19 of its direct modeling computer aided design (CAD) software PTC Creo Elements/Direct. P.J. brings you the details from the PTC Live Global 2014 conference.

modeling forecast accuracy  19.0 , its direct modeling computer aided design (CAD) software, formerly known as CoCreate . The release’s productivity enhancements in the core areas of modeling, drafting, and data management are complemented with greater interoperability with PTC Creo 3.0 and other non-PTC CAD systems, via PTC’s novel Unite CAD technology (also announced at the conference; look for my analysis on that in a separate post on the TEC Blog ).   Support for direct import of SolidWorks and Autodesk Inventor data Read More

Alternative Investments: Advanced Modeling Techniques for Pricing and Valuing Private Equity, Infrastructure and Real Estate


One of the most complex areas of financial risk management is pricing and valuing alternative investments. It’s also one of the most important areas for businesses to execute well. In this white paper, IBM discusses the integrated risk management and modeling frameworks available to help your organization’s risk management team better manage the value of a single security or portfolio in the future, as well as to identify the valuation factors of the portfolio or security. Modeling and analysis can provide information on the risk relationship to public investments as well as give information on the volatility of private securities. But the model selected must relate to the potential investment, be it real estate or infrastructure; one model does not function for all public and private investments.

Choosing the proper model to use for private market securities depends on the information and features of the private security itself. Learn how users can input specific parameters and modify factors to analyse a variety of potential scenarios, and be confident that the model will yield accurate results regarding information on volatility. Users can also map the risk relationship to public investments. Details on five modeling methods are addressed in depth in order to help you select the best model for the potential investment: factor models, sensitivity instruments, distribution uploads curve/formula fitting, cash flow replication, and custom equations, allowing your organization to assess risk over a wide variety of criteria and make investment choices with confidence.

modeling forecast accuracy  Investments: Advanced Modeling Techniques for Pricing and Valuing Private Equity, Infrastructure and Real Estate One of the most complex areas of financial risk management is pricing and valuing alternative investments. It’s also one of the most important areas for businesses to execute well. In this white paper, IBM discusses the integrated risk management and modeling frameworks available to help your organization’s risk management team better manage the value of a single security or Read More

Boeing Autometric


Learn how Boeing Autometric, a software and technical solutions provider for modeling, visualization, simulation, and analysis to customers in the defense, telecommunications, and commercial mapping industries, implemented a solution to manage customer communication and information.

modeling forecast accuracy  technical solutions provider for modeling, visualization, simulation, and analysis to customers in the defense, telecommunications, and commercial mapping industries, implemented a solution to manage customer communication and information. Read More

Talent Acquisition RFI/RFP Template


Organizational Structures and Modeling, Job Position and Wage Profiles, Requisitions, Resume Sourcing, Career Portal (E-Recruiting), Candidate Relationship Management, Screening and Selection, Talent Testing and Assessment, Onboarding, Vendor Management System Portal (Staffing Agencies), Talent acquisition Analytics and Reporting and Product Technology

modeling forecast accuracy  Template Organizational Structures and Modeling, Job Position and Wage Profiles, Requisitions, Resume Sourcing, Career Portal (E-Recruiting), Candidate Relationship Management, Screening and Selection, Talent Testing and Assessment, Onboarding, Vendor Management System Portal (Staffing Agencies), Talent acquisition Analytics and Reporting and Product Technology 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

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

JustEnough for Sales & Distribution


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.    

modeling forecast accuracy  for Sales & Distribution 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

Leveraging Technology to Maintain a Competitive Edge During Tough Economic Times -- A Panel Discussion Analyzed Part Two: Business Process Modeling


Business processes must be enabled across the artificial boundaries of disparate applications that must work together to support these business processes. To that end, business process management (BPM) could assist in compliance issues, can reduce training requirements, and increase the overall efficiency of a business.

modeling forecast accuracy  Part Two: Business Process Modeling Introduction At the IFS Executive Forum , which took place on March 29 and 30 in Orlando, Florida (US), leading research analysts and industry experts discussed how companies can still leverage technology to maintain their competitive edge, even during tough economic times. The event was held in conjunction with IFS World Conference 2004 , and it included six panel discussions, with each panel including top executives, analysts, and journalists. Some of the renowned Read More

ANSYS Acquires SpaceClaim 3D CAD


ANSYS, a global provider of engineering simulation software, recently acquired SpaceClaim Corporation, provider of 3D modeling software for engineers. With the addition of SpaceClaim, ANSYS hopes to provide customers with a powerful and intuitive 3D direct modeling solution to author new concepts and then leverage the power of simulation to rapidly iterate on these designs to drive innovation.

modeling forecast accuracy  , provider of 3D modeling software for engineers. Concord, Massachusetts-based SpaceClaim offers a 3D modeling tool that can be utilized by any engineer during the product development process. SpaceClaim and ANSYS have partnered in the past to offer customers ANSYS SpaceClaim Direct Modeler . SpaceClaim''s flagship product is SpaceClaim Engineer, a fast 3D direct modeler that offers appealing user interface (UI)/ user experience (UX) design for both 3D applications and mobile devices.   ANSYS'' longtime Read More