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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.
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 mrp statistical forecasting

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

Business Intelligence (BI)

Business intelligence (BI) and performance management applications enable real-time, interactive access, analysis, and manipulation of mission-critical corporate information. These applications provide users with valuable insights into key operating information to quickly identify business problems and opportunities. Users are able to access and leverage vast amounts of information to analyze relationships and understand trends that ultimately support business decisions. These tools prevent the potential loss of knowledge within the enterprise that results from massive information accumulation that is not readily accessible or in a usable form. It is an umbrella term that ties together other closely related data disciplines including data mining, statistical analysis, forecasting, and decision support. 

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Documents related to » mrp statistical forecasting

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 statistical forecasting  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 Read More

Using Visibility to Manage Supply Chain Uncertainty


Technology has advanced supply chain visibility beyond mere track and trace functions. Visibility can be used to manage supply chain uncertainty, thereby preemptively troubleshooting problematic areas and reallocating resources to better meet the demands of an enterprise.

mrp statistical forecasting  when manufacturing resource planning (MRP) forecast modeling was first introduced to identify constraints. The eighties brought constraint based planning, manufacturing requirements planning (MRP-II), distribution requirements planning (DRP), electronic data interchange (EDI), and track and trace. Enter the nineties with enterprise resource planning (ERP), advanced planning and scheduling (APS), and the Internet. Today, we delve into continuous loop manufacturing, peer-to-peer computing, service oriented 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.

mrp statistical forecasting  Documents Forecast Accuracy | MRP Statistical Forecasting | MRP Forecast Accuracy Calculations | MRP Alternate Forecast Measures | MRP Supply Chain Forecasting | MRP Estimation | MRP Prediction | MRP Accuracy Method | MRP Business Forecasting | MRP Econometric Forecasting | MRP Economic Forecasting | MRP Forecasting Adjustment | MRP Forecasting Analysis | MRP Forecasting Examples | MRP Forecasting Growth | MRP Forecasting Methodology | MRP Forecasting Methods | MRP Forecasting Modeling | MRP Forecasting Read More

Trends Affecting Manufacturers and ERP Part Three: Four More Trends


The evolution of ERP systems has been driven by the emergence of new business practices and information technologies. These have been supported by the growing maturity of the manufacturing profession, and by the evolving development of commercially available software packages. This is an excerpt from the book, Maximizing Your ERP System.

mrp statistical forecasting  Many ERP systems employ MRP logic as the primary engine for coordinating supply chain activities. Advanced planning and scheduling (APS) logic represents a major change from traditional MRP logic for scheduling purposes. To explain the differences, it helps to understand the starting points of MRP logic and APS logic. MRP logic uses backward infinite scheduling to explode demands for make items through the bills and generate production schedules. It assumes infinite resource capacity and no material Read More

SAP for Chemicals: A Packaged Solution for Mid-market Companies


Packaged solutions for the chemicals industry are available from SAP and selected partners. Still, given a number of other viable solutions, prospective users will have to decide whether SAP would indeed be the best solution without the packaged option.

mrp statistical forecasting  and material requirements planning [MRP]), and then going through product development (recipe management, customer collaboration, and quality management [QM]), procurement, manufacturing, and sales and distribution. The process loop closes with financials and controlling (the flagship SAP FI/CO module, which features product cost controlling, profitability analysis, and overhead cost controlling). About the Authors Predrag Jakovljevic is a principal analyst with Technology Evaluation Centers (TEC), with Read More

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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The Future of Supply Chain Strategy for Consumer Electronics


To leverage opportunities presented by the explosion in consumer demand, consumer electronics manufacturers must tighten their forecasting, sourcing, distribution, and inventory management strategies. They must also bring a more refined approach to supply chain management. Find out what capabilities they need to build in order to respond to consumer needs—while retaining flexibility in production, distribution, and logistics.

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Spreadsheets: An Inadequate Solution for Budgeting, Forecasting and Reporting


Mid-size organizations have been conducting their budgeting and forecasting through a readily-available, inexpensive, and easy-to-use application—the spreadsheet. But spreadsheets fail to support complex planning processes, which involve multiple people, require real-time access to data, and demand comprehensive security. Discover how the Adaptive Planning budgeting and planning application can help you meet these needs.

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Terra Technology


Terra Technology's real time forecasting (RTF) solutions use pattern recognition mathematics to monitor daily demand signals. RTF is compatible with demand planning solutions from major enterprise resource planning (ERP) and supply chain vendors, including Manugistics, SAP, and i2 Technologies. The company's real time inventory (RTI) offering is a multi-echelon inventory optimization solution which includes the following capabilities: daily inventory target updates; full integration with conventional planning systems; inventory calculation using actual demand (not average demand); measurement of actual error over actual lead time; calculation of in-season and out-of-season lead-time difference for high volume stock-keeping units (SKUs); automatic adjustment for shutdowns; and rich modeling of time-phased equipment constraints across multiple SKUs.

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DELPHUS Inc


Established in 1987, Delphus provides forecasting tools and solutions for sales and marketing managers, and inventory and production planners in manufacturing, distribution, and retail firms. The privately help corporation is headquartered in Morristown, New Jersey (US). Its client list includes divisions of Fortune 500 corporations, and midsized companies such as Kodak, IBM, Pfizer, Ferrari, Lucent Technologies, Bristol-Myers-Squibb, Skil-Bosch Tools, Hasbro UK, and Volvo.

mrp statistical forecasting  delphus peer planner,peer planner delphus Read More

Case Study: CAMACO


CAMACO, a leading seating systems solutions provider, needed to replace its outdated, unmanageable batch-process manufacturing resource planning (MRP) system with a completely integrated MRP/enterprise resource planning (ERP) solution. Learn how the company’s new solution addressed its network issues while reducing its existing burden of high maintenance costs and expensive hardware and software upgrades.

mrp statistical forecasting  batch-process manufacturing resource planning (MRP) system with a completely integrated MRP/enterprise resource planning (ERP) solution. Learn how the company’s new solution addressed its network issues while reducing its existing burden of high maintenance costs and expensive hardware and software upgrades. Read More

PEER Planner


The PEER Planner forecasting system runs under Windows, and gives enterprises the tools needed to coordinate plans and develop forecasts. Features of the product include automatic baseline forecasts, centrally developed and distributed by customer account, region; forecast error tracking for multiple views via "at-a-glance" graphical views; judgemental overrides of units and revenues; and field sales composites track input from the sales team or customer. It also includes promotion and event management to help determine the impact of promotions; safety stock analytics; and replenishment planning for "just-in-time" inventory management.  

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Smart Software


Founded in 1984, Smart Software is a provider of enterprise-wide demand forecasting, planning, and inventory optimization solutions. Smart Software's flagship product, SmartForecasts, has thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Abbott Laboratories, Metro-North Railroad, Siemens, Disney, Nestle, Nikon, GE, and The Coca-Cola Company. Smart Software is headquartered in Belmont, Massachusetts.

mrp statistical forecasting   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 statistical forecasting  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

MISys


More than 6,000 MISys Manufacturing Systems (MISys) have been sold in over 40 countries. This scalable manufacturing resource planning (MRP) system is designed for small to mid-sized manufacturing companies. MISys handles the needs of make-to-order (MTO), make-to-stock (MTS), repetitive, mixed-mode, discrete, and job shop environments. Functionality includes inventory management, bill of material (BOM) revision control, integrated purchasing, MRP, master production scheduling (MPS), bar coding, serial and lot tracking, shop floor control, rules-based custom product configurator, and job management. MISys can be run locally or via the Internet. The MISys Manufacturing system is integratable with the ACCPAC Accounting Suite.  

mrp statistical forecasting  scalable manufacturing resource planning (MRP) system is designed for small to mid-sized manufacturing companies. MISys handles the needs of make-to-order (MTO), make-to-stock (MTS), repetitive, mixed-mode, discrete, and job shop environments. Functionality includes inventory management, bill of material (BOM) revision control, integrated purchasing, MRP, master production scheduling (MPS), bar coding, serial and lot tracking, shop floor control, rules-based custom product configurator, and job Read More