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 mrp equal 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.

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Documents related to » mrp equal forecast accuracy

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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LOGIX


Logix ERP is an integrated business software system that was created based on the ERP/MRP II concept, and that covers all the functional areas in a company and provides users with Office Automation graphic tools. The solution consists of more than 50 modules, some of which are developed specifically for the Brazilian economy. Logix was developed with advanced 4GL tools and Powerbuilder. It supports ISO 9000, kanban, and just-in-time (JIT), and is a multi-company, multicurrency, and multilingual

mrp equal forecast accuracy  created based on the ERP/MRP II concept, and that covers all the functional areas in a company and provides users with Office Automation graphic tools. The solution consists of more than 50 modules, some of which are developed specifically for the Brazilian economy. Logix was developed with advanced 4GL tools and Powerbuilder. It supports ISO 9000, kanban, and just-in-time (JIT), and is a multi-company, multicurrency, and multilingual Read More

Human Capital as a Force Multiplier


It can be easy to group “people, process, and technology” together as equal concepts. In reality, however, people, process, and technology do not carry equal weight in organizational design, and they do not require the same type or degree of attention to succeed. Indeed, an organization’s people inevitably serve as a “force multiplier” for the other two elements.

mrp equal forecast accuracy  Capital as a Force Multiplier It can be easy to group “people, process, and technology” together as equal concepts. In reality, however, people, process, and technology do not carry equal weight in organizational design, and they do not require the same type or degree of attention to succeed. Indeed, an organization’s people inevitably serve as a “force multiplier” for the other two elements. Read More

Sales and Operations Planning Part One: Identifying and Forecasting Demand


An effective sales and operations planning game plan results in fewer stock-outs, shorter delivery lead-times, higher on-time shipping percentages, a manageable amount of expediting, and improved customer service. Several guidelines are suggested to improve a firm's sales and operations planning process and the effectiveness of each product's game plan. This is an excerpt from the book Managing Your Supply Chain Using Microsoft Navision.

mrp equal forecast accuracy  replenishment method based on MRP logic. Other Sources of Demand Visibility of all demands is critical to formulating an effective S&OP game plan. Surprise demands can cause shortages that impact customer service or production and result in expediting. Some sources of demand may need interpretation or alternative ways to express the demand, as illustrated in the following examples. Customer Schedules . Customer schedules represent a combination of sales orders (in the near-term) and forecast (in the longe Read More

KANA Software and Ciboodle Join Forces for Customer Experience Perfection


The multi-channel customer experience management software market represents an attractive US$5 billion-plus market opportunity, which IDC recently forecast to grow at between 5 to 12 percent through 2015 (a 6 percent compound annual growth rate [CAGR]) within the larger overall customer relationship management (CRM) space. To that end, in July 2012, KANA Software, a longstanding customer service

mrp equal forecast accuracy   Read More

Balancing Profitability and Risk in Banking: Overcoming Common Risk Analysis and Reporting Challenges


Banks need robust risk analysis and reporting solutions to improve reporting accuracy and efficiency, while reducing the costs and burdens of compliance. Yet many forces hamper efficient enterprise risk reporting, including regulatory and stakeholder pressures, process inefficiencies, and disparate data. This paper focuses on the risk reporting challenges facing banks, and outlines the best practices banks need to improve reporting and manage risk.

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Inbound Fax Routing


Fax technology can provide accuracy in routing and delivery. An inbound fax routing solution gives you many options for directing received faxes. This allows you to determine the destination of your received faxes, and stipulate multiple choices for the fax delivery format. No need to let your faxes go astray—an inbound fax routing solution will keep your faxes on the right path.

mrp equal forecast accuracy   Read More

Are Retailers Rational Players Stuck in an Irrational Game? Changing the High-stakes Game of Retail Technology


Continuous change in the retail industry is limiting retailers’ ability to plan, forecast, price, and replenish. Thus, many retailers are facing a dilemma: they need new retail technology to adapt their processes and respond more rapidly to changing markets, but they can’t afford the up-front expenditure or lengthy implementation. But advances in new software-as-a-service (SaaS) retail solutions can help. Learn how.

mrp equal forecast accuracy   Read More

Collaborative Demand Planning


In theory, demand planning is the foundation for profitable operations. But in practice, it is often a difficult endeavor. Accuracy can fluctuate wildly, and companies tend to react to inaccuracies with new investments in technology, processes, and people. However, new investments do not guarantee better forecasts. There are often fundamental issues that need to be addressed before achieving positive results.

mrp equal forecast accuracy   Read More

Extending BI’s Reach: Anticipate Outcomes, Forecast Results, and Respond Proactively


Business intelligence (BI) and predictive analytics use different means but can be applied together to improve the decision process at all levels of an organization. By increasing the ability to monitor and analyze data and generate predictions, BI and predictive analytics can help an organization gain proactive control of its business. TEC analyst JorgeGarcía explains how.

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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.

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

Financial Forecasting: Room for Improvement for People, Process and Technology


Preparing an accurate forecast in this volatile business climate is challenging. Still, it is critical for businesses to be able to predict outcomes for the next month, quarter or year, and be able to respond quickly when the actuals vary significantly from the forecast. Forecasting may be equal parts art and science, but the most dialed-in enterprises report using a solid, collaborative process for generating accurate forecasts.

mrp equal forecast accuracy  Forecasting: Room for Improvement for People, Process and Technology Preparing an accurate forecast in this volatile business climate is challenging. Still, it is critical for businesses to be able to predict outcomes for the next month, quarter or year, and be able to respond quickly when the actuals vary significantly from the forecast. Forecasting may be equal parts art and science, but the most dialed-in enterprises report using a solid, collaborative process for generating accurate 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.

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Selecting an ERP Solution: a Guide


Looking for the right enterprise resource planning (ERP) package for your small to medium business (SMB) can be a daunting task. A fair amount of information is available about the actual software packages, but there is little advice on how to choose the right one. Learn strategies for a successful software selection—from initial requirements gathering, to evaluation, selection, and final implementation.

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ERP Industry Consolidation: A New Trend or an Ongoing Process?


Although enterprise resource planning (ERP) software industry consolidation is nothing new, the constantly changing market dynamic affects product lifecycles, supportability, and ERP return on investment. In fact, you could say that it both creates new potential and contributes to old problems. Get a handle on what this changing market means for you, with this overview of industry consolidation pros and cons.

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