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Software Functionality Revealed in Detail
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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.

Compare Now

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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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.  

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Take the Direct Road to Success with Seamless DSD


The future, they say, is demand-driven. Not having the data you need to forecast your supply and demand processes means you’re in the slow lane toward a successful future. But if you already know store information is vital to your supply chain, you’re halfway there. Go the distance: learn how direct store delivery (DSD) solutions can give your consumer package goods (CPG) company more control over supply chain processes.

mrp equal forecast accuracy  direct store delivery,direct store delivery software,direct store delivery system,direct store delivery systems,in store delivery,retail store delivery,store delivery,store delivery dsd,store delivery business Read More

Ramco Ships Technology And Products. Part Two: User and Vendor Recommendations


When compared to leading vendors, Ramco suffers from size, funding, and market awareness comparisons. However, it appears to be at least equal in functionality (if not even stronger in certain industries of focus), superior in technology and leading in vision. Of course, more than functional capabilities, technology, and vision are needed to succeed in today’s marketplace.

mrp equal forecast accuracy  Ships Technology And Products. Part Two: User and Vendor Recommendations Event Summary At the end of February, during the National Manufacturing Week (NMW) in Chicago, IL, Ramco Systems Limited ( www.ramco.com ), a provider of enterprise business applications and accompanied services, with a global HQ in India, announced the delivery of a series of enterprise application suites that it claims will change the economics of application software . Instead of releasing one application suite that is Read More

Standards for Financial Plans


Large companies can afford to develop their own budget and forecast systems, but for small businesses, there’s only one choice—the spreadsheet. But spreadsheet financial plans are all over the map—no rules, no procedures, no consistent formatting, and minimal GAAP accounting. This white paper proposes standards that can help entrepreneurs and small business owners create, format,and manage financial plans.

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Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS


Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in-house ERP system in the early 1990s. However, homegrown software can be unwieldy to maintain and difficult to upgrade. In 2001, Fraenkel saw a solution that offered more advanced capabilities, and implemented VAI’s S2K Enterprise Edition for Manufacturing.

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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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How Is Business Process Management Applicable to Financial Services?


Business process management (BPM) allows financial services companies to manage internal processes and to increase efficiency and accuracy. Organizations, especially those that deal with Sarbanes-Oxley, should focus on BPM to ensure compliance and to minimize error and risk.

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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.

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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

Tax Compliance and the ERP System: Eliminate Error and Ensure End-to-end Compliance


A properly deployed ERP system handles tax compliance with accuracy and reliability, offering flexibility and functionality as your business grows. Learn more in this white paper about tax compliance in ERP systems and how automating tax management can save your organization time, energy, and money in the long run.

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How Best-in-class Plan, Budget, and Forecast in Today’s Dynamic World


Prospects for the global economy remain precarious. But effective financial planning, budgeting, and forecasting can enable successful decision making even in periods of unprecedented change. Dynamic financial planning enabled through five key elements—process, organization, knowledge management, technology, and performance management—give business leaders the tools to take action and emerge even stronger. Find out how.

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Workforce Productivity for the Steel Industry


As has been proven time and again by successful companies, the correct technology, deployed in a well-managed organization with clearly defined estimating, procurement, fabrication, and shipping processes, is more likely to consistently meet customer requirements on schedule and on budget. Learn more about the importance of identifying the correct technology to produce the benefits you need.

mrp equal forecast accuracy  from and updates your MRP database with each completion - as it happens. Without separate databases and manual data entry, better data is available immediately. Timely data collection let’s you create a “closed loop” system enabling you to adjust your estimating to better reflect reality. Improved data accuracy, greater worker productivity, and more efficient operational performance is more realistically achieveable than you may think Progress Tracking When data is collected automatically during Read More

INFIMACS Boasts MRP Relevant To MROs


Through incrementally adding functionality tidbits that are crucial to its target market and that are not easily emulated by its competitors, Relevant continues to have a fair shot at delivering a viable solution to project-based discrete mid-market manufacturers such as aerospace contractors, contract manufacturers of electronic components, and MRO organizations.

mrp equal forecast accuracy  Boasts MRP Relevant To MROs Event Summary On April 16, Relevant Business Systems ( www.relevant.com ), a privately held ERP vendor for small to medium discrete complex manufacturing companies, announced availability of a major new feature in its flagship INFIMACS II ERP solution that allows its Maintenance Repair and Overhaul (MRO) customers to run MRP (Materials Resource Planning) based on inventory item condition. Created especially for aircraft and related maintenance organizations, as well as Read More