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 mrp 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 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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Zemeter


Zemeter Demand Planner helps planning, forecasting, sales, and operations arrive at a single set of numbers, so everyone is managing from the same set of data. Zemeter facilitates ease of use and minimizes the effort required to regularly contribute to a demand plan. Zemeter does the up-front work by providing a baseline forecast in views that are meaningful to the various users. The product provides both a reporting and performance engine, with online analytical processing (OLAP) functionality that helps draw the team’s attention to areas costing the company money due to lost sales and unprofitable decisions. Zemeter enhances the timeliness and accuracy of dynamic collaborative demand planning. In addition to Demand Planner, the product modules include Business Analyst, Inventory Planner, Supply Planner, Finite Scheduler, Network Optimizer, Knowledge Repository, and the prepackaged, streamlined Zemeter S&OP product for small to midsized manufacturers. Zemeter modules run on an easy-to-use Microsoft platform, and provide the same intuitive Outlook and Excel interfaces. SCC offices are located in Wilmington, Delaware (US) and Antwepen (Belgium).  

mrp forecast accuracy  Zemeter Demand Planner helps planning, forecasting, sales, and operations arrive at a single set of numbers, so everyone is managing from the same set of data. Zemeter facilitates ease of use and minimizes the effort required to regularly contribute to a demand plan. Zemeter does the up-front work by providing a baseline forecast in views that are meaningful to the various users. The product provides both a reporting and performance engine, with online analytical processing (OLAP) functionality that Read More

Can ERP Meet Your eBusiness Needs? Part Two: ERP is the Foundation


As a result of this push towards full eBusiness integration, businesses face challenges that force them to push the envelope of business information systems. ERP grew from its predecessors of MRP and MRP II, constantly expanding its solution footprint to address more and more of the needs of the enterprise. As you approach eBusiness, whether you do so eagerly or are dragged there kicking and screaming, you will find your business much more exposed.

mrp forecast accuracy  because the concepts of MRP and ERP were born in a time when companies were run as independent enterprises with arm''s length relationships with customers and suppliers. Not so long ago, if you delivered a good product on time, at a reasonable price, and you paid your bills in a responsible time-frame, how you managed your company was your own business. And ERP was designed to help you manage that business. With a successful ERP implementation you could process orders, manage inventory and production sched Read More

Coordinating Outsourced Manufacturing: A Win-win Proposition for Both Sides of Manufacturing Partnerships


Managing the demands of constant change is one of the biggest challenges facing the electronics manufacturing services (EMS) industry today. Collaboration between original equipment manufacturers (OEMs) and contract manufacturers (CMs) can help both sides leverage the supply chain to manage change. Find out about a solution that can help you create a successful collaboration strategy that optimizes your supply chain.

mrp forecast accuracy  partial sites into full MRP sites. Kinaxis has been very key in helping us here, because we don''t want to lose any of the functionality we have in our current model, Sforza says. Lucent is also planning to migrate into the RapidResponse web environment, which will enhance its ability to collaborate with partners and enable users to access the application from multiple sites worldwide. Currently, Lucent has three production environments with the following data sources: the global supply planning server, Read More

N-Tier Demand Management


The classic bull-whip effect means that the further a supplier is removed from the end consumer, the worse are the fluctuations in demand that they see. This has led many to recommend an n-tier approach to demand management, where everyone gets visibility to the end-customer demand at the same time. In practice, very few companies have been able to actually realize this vision. There are some practical approaches that a few leading suppliers deep in the supply chain are have taken to successfully mitigate the bull-whip effect.

mrp forecast accuracy  they have in their MRP plans for individual parts. [1] Aggregating by customer is only worth effort for your top customers (e.g. the top 20% of customers comprising 80% of demand). Demand from smaller customers can be aggregated by channel. [2] Sell-through means knowing your channels'' sales data, in this case the actual sales of the OEM, rather than consumption into their production lines. Avoiding the Multi-Counting Trap Suppliers that are several layers removed from the end-customer in multi-tier suppl Read More

Identifying the ROI of a Software Application for SCM Part 3: Performing the Data Analysis


By using software tools that help you forecast and work together with others inside your organization, and even with your customers, the forecasts may become more accurate. You can make an assumption on how much improvement might be possible. This part discusses the challenge of performing the data analysis.

mrp forecast accuracy  the ROI of a Software Application for SCM Part 3: Performing the Data Analysis Identifying the ROI of a Software Application for SCM Executive Summary    The competitive environment for every industry grows increasingly intense. Fast, reasonably accurate information about the impact of a software investment decision grows more critical. Many decision-makers look for an exact forecast of return on investment (ROI) from the purchase of a supply chain management application. At least four very re Read More

Real-time Shop Floor Integration, Simplified (with ERP)


As a demand-driven manufacturer, you know how crucial up-to-date information is. But when shop floor data is collected with pen and paper, then transferred manually to multiple databases that aren’t always connected, you risk having your data uploaded after it’s needed. Enterprise resource planning (ERP) solutions can ease data integration. But first, separate the myths from the facts of bridging ERP and the shop floor.

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Connect and Optimize: Microsoft Dynamics Solutions in Industrial Equipment Manufacturing


Leading industrial equipment manufacturers are using new technology strategies to improve accuracy in quotations and configurations, improve customer satisfaction, increase supply chain visibility, and grow service revenues. Learn how to connect and optimize operations and create amazing customer experiences, for agility, low total cost of ownership, and fast time to market.

mrp forecast accuracy  industrial equipment manufacturers, manufacturing ERP, industrial ERP, quotation accuracy, industrial supply chain processes Read More

Inventory Management Technology Strategies for Distribution


Inventory has been—and continues to be—the lifeblood of the distribution marketplace. While many companies are slow to adopt new strategies and technologies, a growing number of distributors are leveraging inventory practices to improve key metrics like customer retention, gross margins, and inventory turns. Read these research survey findings to find out how you can make better inventory management technology decisions.

mrp forecast accuracy  Inventory Management B2B | MRP Inventory Management | MRP Advanced Inventory Management | MRP Automated Inventory Management | MRP Business Inventory Management | MRP Distribution Inventory Management | MRP Effective Inventory Management | MRP Free Inventory Management Software | MRP Hardware Inventory Management | MRP Inventory Asset Management | MRP Inventory Control Management | MRP Inventory Cost Management | MRP Inventory Management Accounting | MRP Inventory Management Application | MRP Inventory Ma 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 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

Made2Manage Systems, Inc.: M2M From A2Z For SMEs?


Made2Manage, grasping the requirements of its SME target market, has been completing its evolution from a vendor of traditional MRP software to a provider of holistic business applications, including integrated front office, back office, business intelligence and e-business capabilities. However, the company’s future is not without significant challenges.

mrp forecast accuracy  a vendor of traditional MRP software to a provider of holistic business applications, including integrated front office, back office, business intelligence and e-business capabilities for its target market - small-to-medium manufacturing enterprises (SME). Made2Manage has shown a good understanding of the needs of its customers, who typically wish to acquire most of their business applications from a single source while coping with very limited IT resources. To that end, Made2Manage still offers its core Read More

Adobe Releases 2014 Digital Index Online Shopping Predictions


Adobe releases its 2014 Digital Index Online Shopping Forecast for this year’s holiday season, an important guide for senior marketing and e-commerce executives across industries.

mrp forecast accuracy  Releases 2014 Digital Index Online Shopping Predictions Adobe recently released its 2014 Digital Index Online Shopping Forecast for this year’s holiday season, its traditional research on digital marketing and other topics of interest to senior marketing and e-commerce executives across industries. The research is based on the analysis of select anonymous and aggregated data from more than 5,000 major companies worldwide that use Adobe Marketing Cloud to obtain actionable data and analysis of Read More

Process versus Discrete ERP Systems


Sorting out the differences between the two main types of manufacturing software can be mind-boggling for companies when searching for an ERP system. Companies can mistakenly purchase the wrong ERP system, causing headache and a significant loss of revenue. Avoid the pitfalls of making the wrong decision by using this checklist to help you determine the software that best fits your manufacturing process.

mrp forecast accuracy  Many accounting systems with MRP or ERP modules as options do not have the true functionality needed for process manufacturing. ProcessPro® Premier is one of the truly vertical packages available for process manufacturing for any of the process markets: food/beverage, pharmaceutical/nutraceutical, chemical/inks/coatings, and cosmetics/personal care. Resources Bridgefield Group. ERP/Supply Chain Glossary. 2006. 17 Sept. 2009. bridgefieldgroup.com/bridgefieldgroup/glos2.htm#D Business Dictionary. 2009. 9 Read More

MMS / Southware Excellence Series


MMS / Southware Excellence Series is a closed loop manufacturing system with MRP, ERP, Advanced Manufacturing Processes, CRM, Bill of Materials, Fully integrated Accounting, Collections Management, tool set to allow customization without changing source code. Full ODBC, and Active X Compliant, 600 platforms to run on.  

mrp forecast accuracy  loop manufacturing system with MRP, ERP, Advanced Manufacturing Processes, CRM, Bill of Materials, Fully integrated Accounting, Collections Management, tool set to allow customization without changing source code. Full ODBC, and Active X Compliant, 600 platforms to run on. Read More