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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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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

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 technological innovations promising to enhance these tools, businesses can look forward to benefiting more fully from this area of supply chain management.

modeling forecast accuracy  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

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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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

Excel Software


Excel Software delivers professional software tools to thousands of users worldwide. Learn about system modeling, requirements management, software design, programming, protection & licensing, online activation, order processing and shopping carts.

modeling forecast accuracy  worldwide. Learn about system modeling, requirements management, software design, programming, protection & licensing, online activation, order processing and shopping carts. Read More

Case Study: Focused Storage Design


A manufacturer of multiple electronic goods needed to maximize its available storage. A logistics modeling and design tool can help the company benefit from pull replenishment and focused storage approaches to logistics by enabling users to evaluate different storage options. Find out how the solution can support transition during initial design, including re-engineering of existing process, for continued results.

modeling forecast accuracy  available storage. A logistics modeling and design tool can help the company benefit from pull replenishment and focused storage approaches to logistics by enabling users to evaluate different storage options. Find out how the solution can support transition during initial design, including re-engineering of existing process, for continued results. 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

Manufacturing Process Management (MPM) RFI/RFP Template


Product Process Planning, Production Process Design and Validation, Production Modeling and Simulation, Ergonomic Evaluation and Simulation, Application Technology

modeling forecast accuracy  Design and Validation Production Modeling and Simulation Ergonomic Evaluation and Simulation Application Technology This functional and technical requirement set template covers industry-standard functional criteria of Manufacturing Process Management (MPM) that can help you easily gather and prioritize your business needs in a simple and categorized excel document. More than a RFP template, it is a working document that serves as a knowledge base reference throughout the life-span of your Manufacturing 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

Oracle Business Intelligence Suite Enterprise Edition


Oracle business intelligence (BI) tools and technology provide a broad set of capabilities for reporting, analysis, modeling, and forecasting, making BI actionable by providing business users the ability to initiate actions directly from their dashboards. The Oracle Business Intelligence Suite Enterprise Edition (EE) Plus is a comprehensive suite of enterprise BI products, delivering the full range of BI capabilities including interactive dashboards, full ad hoc, proactive intelligence and alerts, enterprise and financial reporting, real-time predictive intelligence, disconnected analytics, and more. In addition to providing the full gamut of BI functionality, the Oracle Business Intelligence Suite EE Plus platform is based on a proven, modern Web services–oriented architecture that delivers next-generation BI capabilities. :  

modeling forecast accuracy  capabilities for reporting, analysis, modeling, and forecasting, making BI actionable by providing business users the ability to initiate actions directly from their dashboards. The Oracle Business Intelligence Suite Enterprise Edition (EE) Plus is a comprehensive suite of enterprise BI products, delivering the full range of BI capabilities including interactive dashboards, full ad hoc, proactive intelligence and alerts, enterprise and financial reporting, real-time predictive intelligence, disconnected Read More

Going Beyond Process Modeling—Part 1: Why Do We Manage Processes?


Business process modeling is a recognized practice in describing, analyzing, and improving business operations. In many organizations, the model itself is the end product that communicates the business process to stakeholders; however, significant benefits can be realized by moving beyond process modeling to process automation.

This paper provides an overview of the current state of process modeling and automation practices and technologies, and outlines the drivers and benefits of moving beyond simple process modeling to more comprehensive automation and management.

modeling forecast accuracy  Manage Processes? Business process modeling is a recognized practice in describing, analyzing, and improving business operations. In many organizations, the model itself is the end product that communicates the business process to stakeholders; however, significant benefits can be realized by moving beyond process modeling to process automation. This paper provides an overview of the current state of process modeling and automation practices and technologies, and outlines the drivers and benefits of Read More

Is Baan Clinically Dead?


On January 4, 2000 Baan, Europe's No. 2 business software company, sank deeper into trouble as its CEO resigned and it forecast a fourth quarter loss of $240 million to $250 million after restructuring. Its shares plunged over 30 percent as analysts cut recommendations on the loss-making vendor, which has yet to name a replacement for Mary Coleman, who is returning to her Silicon Valley home after taking charge only last May.

modeling forecast accuracy  Baan Clinically Dead? Event Summary On January 4, 2000 Baan, Europe''s No. 2 business software company, sank deeper into trouble as its CEO resigned and it forecast a fourth quarter loss of $240 million to $250 million after restructuring. Its shares plunged over 30 percent as analysts cut recommendations on the loss-making vendor, which has yet to name a replacement for Mary Coleman, who is returning to her Silicon Valley home after taking charge only last May. Baan had reported a fifth consecutive Read More

Recruitment and Staffing RFI/RFP Template


Organizational Structures and Modeling, Corporate Branding, Sourcing, Applicant Tracking, Assessment and Selection, Governance and Compliance, Vendor Management System Portal (Staffing Agencies), Analytics and Reporting and Product Technology

modeling forecast accuracy  Template: Organizational Structures and Modeling Corporate Branding Sourcing Applicant Tracking Assessment and Selection Governance and Compliance Vendor Management System Portal (Staffing Agencies) Analytics and Reporting and Product Technology This functional and technical requirement set template covers industry-standard functional criteria of Recruitment and Staffing that can help you easily gather and prioritize your business needs in a simple and categorized excel document. More than a RFP Read More

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Requirements analysis is the process of understanding what customers need from an application. The agile development framework has transformed software requirements analysis. The agile lifecycle emphasizes iterative and evolving requirements modeling. Requirements need to be concise, focus, and completed in short release cycles. This white paper describes the agile requirements analysis concept, and the processes involved.

modeling forecast accuracy  in-time Requirements Modeling Requirements analysis is the process of understanding what customers need from an application. The agile development framework has transformed software requirements analysis. The agile lifecycle emphasizes iterative and evolving requirements modeling. Requirements need to be concise, focus, and completed in short release cycles. This white paper describes the agile requirements analysis concept, and the processes involved. Read More