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Software Functionality Revealed in Detail
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 planning forecast accuracy scm

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

Production and Supply Planning RFI/RFP Template

Strategic Supply Chain Planning, Operational Planning, Procurement Collaboration, Order Management, Fulfillment, and Channel Integration, Utilities for Planning Systems, Systems Integration, Product Technology  

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Documents related to » planning forecast accuracy scm

Demand Planning: Optimizing Operations across the Supply Chain


Demand planning applications can help manufacturers establish baseline sales forecasts and perform analysis to improve resource usage. They can also help manufacturers optimize pricing capabilities and better understand their markets. Yet to get the most out of these tools, manufacturers must be willing to reorganize their planning processes—and to share the resulting insights with supply chain partners and customers.

planning forecast accuracy scm  for both variables. Demand planning systems typically produce a baseline forecast based on shipment or order history. Once established, users can change the baseline to account for other data, including promotions, advertising inserts, seasonality, new sales outlets, and other factors. At the same time, demand planning software factors in potential constraints such as materials availability and plant capacity. You can set up the system to switch from a make to a buy approach for a certain part or Read More

SAP SCM-Stepping Out of Obscurity


Major new SAP products are being released in the realms of supply chain management (SCM), manufacturing execution systems (MES), and product lifecycle management (PLM). TEC principal analyst P.J. Jakovljevic examines the solutions that SAP is offering for supply chain executives to expand beyond the traditional boundaries of SCM, PLM, and enterprise resource planning (ERP).

planning forecast accuracy scm  enable synchronization across all planning levels (see Figure 2). The initial release of S&OP is in the cloud, and integration will be via file import/export with on-premise applications   Figure 2 Owing to the scalability and flexibility of SAP HANA (see “ SAP HANA—One Technology to Watch in 2012 (and Beyond) ”)—which powers S&OP—in-memory computing enables propagation of large data volumes across complex supply networks. As for flexibility, dynamically created multidimensional views of data Read More

SmartOps Steps Out in to the Cloud SCM


SmartOps Corporation is a quiet provider of supply chain planning (SCP) solutions that right-size inventory and capture more sales (by way of managing demand) for global enterprises that compete in complexity and uncertainty of their global supply chains. Deploying SmartOps’ solutions has dramatically improved supply chain performance at more than 50 Fortune 1000 and global 2000 companies in

planning forecast accuracy scm  with deepest multi-echelon inventory planning and optimization (MIPO) functionality. The MIPO algorithms and system functionality were built in an abstract, multi-industry fashion, which eliminates the need for customization. Smaller scale deployments can have short timelines, but because SmartOps products can operate at enterprise scale, it can take months to roll out across all global products, locations, supply chains, and business units for a large-scale customer. The offering does not offer Read More

Demand-driven Versus Traditional Materials Requirement Planning


Material requirements planning is a system that strives to plan replenishment just before a withdrawal from stock, which does not work in some manufacturing environments.

planning forecast accuracy scm  benefits of using alternative planning approaches increase. In fact, the main flaw with MRP is that it is too deterministic. It is too rigid, as it does not allow for natural variations that occur in real life, such as people getting sick or going on strike, truck and shipment delays, machines malfunctioning, quality issues requiring scrap or rework, and customers not order according to forecasts. In other words, MRP is a static model of a stochastic reality, which happens to manufacturing all the time, Read More

Impressive Enterprise Resource Planning Solution Gets A Little Help From Its Friends


Despite impressive product depth and breadth (for instance, customer relationship management [CRM], workflow, traceability, and quality management are provided natively), Strategic Systems International (SSI) has longstanding partnerships with several best-of-breed specialists.

planning forecast accuracy scm  integrated part of the planning and decision-making process. Namely, these typically do not take risk management and inventory optimization into consideration, and are difficult to integrate with ERP systems. Conversely, Optimiza includes forecasting as an integral part of the inventory optimization process. There are a number of factors that affect the accuracy of a forecast, and the most common basis of forecasting is historical information, despite the fact that most historical data is a record of Read More

Key SCM Features to Look For (And Major Players to Look Out For)


Many CFOs, CTOs, supply chain managers, and logistics managers struggle to decide which supply chain management (SCM) software is best-suited to their organizational needs. It doesn’t help that there is an abundance (literally hundreds) of SCM solutions available on the market. Today, I’ll help you understand key SCM modules, and look at some key players with well established SCM solutions

planning forecast accuracy scm  should look for: Demand planning and forecasting: Provides built-in planning, execution, and analysis with forecast and supply data for detailed production schedules, for supporting lean manufacturing methodologies, and for streamlining the procurement process of sourcing and buying throughout the entire supply chain network. Also provides global visibility at all levels of the supply chain. Procurement : Streamlines all activities associated with supplier sourcing, price negotiation (at the component Read More

Intentia Floats Vaporware Agent to Replace Business Planning


Intentia announces an intelligent negotiating agent for its enterprise resource planning software.

planning forecast accuracy scm  Agent to Replace Business Planning Event Summary Intentia International AB is a provider of enterprise resource planning software called Movex for mid-sized companies (See TEC Technology Research Note: Intentia: Java Evolution From AS/400 October 1st, 1999). Intentia recently announced Movex Intelligent Agent for the fourth quarter of 2000. Movex Intelligent Agent will, according to the company, find and negotiate deals instead of having personnel do it. The product will be used to search out Read More

Reduce the Pain of ERP Upgrades with Better Planning


In the white paper reduce the pain of ERP upgrades with better planning, you'll learn how to create a successful upgrade plan, with steps for impl...

planning forecast accuracy scm  ERP Upgrades with Better Planning Face it: system upgrades are no fun. But to really make your ERP purchase worthwhile in the long term, maintenance is key to protecting its value and serving your evolving business needs. In fact, companies that don''t upgrade miss out on the financial benefits of newer and more cost-effective technology. So how can you ensure the upgrade is a smooth transition ? In the white paper Reduce the Pain of ERP Upgrades with Better Planning , you''ll learn how to create a Read More

Sales and Operations Planning: A Journey That’s Worth the Effort


In the consumer goods (CG) industry, there has been a notable focus on sales and operations planning (S&OP). This renewed interest is noteworthy because of the impressive benefits that have been attributed to S&OP. Research indicates that S&OP process improvements are a primary starting point for companies seeking to be more demand-driven. This white paper looks at the results of a survey of S&OP in the CG industry.

planning forecast accuracy scm  on sales and operations planning (S&OP). This renewed interest is noteworthy because of the impressive benefits that have been attributed to S&OP. Research indicates that S&OP process improvements are a primary starting point for companies seeking to be more demand-driven. This white paper looks at the results of a survey of S&OP in the CG industry. Read More

Adaptive Planning and Optimization for Supply Chain Networks


Dynamic efficiencies can help companies combat margin erosion and cope with compressed product lifecycles. By shifting from advanced planning to adaptive planning, enterprises can increase their top and bottom line. Integrating the demand planning network, optimizing the supply chain network, and strengthening execution planning will help this move to adaptive planning and eliminate pockets of waste.

planning forecast accuracy scm  Planning and Optimization for Supply Chain Networks Dynamic efficiencies can help companies combat margin erosion and cope with compressed product lifecycles. By shifting from advanced planning to adaptive planning, enterprises can increase their top and bottom line. Integrating the demand planning network, optimizing the supply chain network, and strengthening execution planning will help this move to adaptive planning and eliminate pockets of waste. Read More

How to Do Capacity Planning


In a perfect world, system administrators prepare in advance in order to avoid performance bottlenecks, using capacity planning tools to predict how servers should be configured to adequately handle future workloads. The goal of capacity planning is to provide satisfactory service levels to users in a cost-effective manner. This paper describes the fundamental steps for performing capacity planning.

planning forecast accuracy scm  to Do Capacity Planning In a perfect world, system administrators prepare in advance in order to avoid performance bottlenecks, using capacity planning tools to predict how servers should be configured to adequately handle future workloads. The goal of capacity planning is to provide satisfactory service levels to users in a cost-effective manner. This paper describes the fundamental steps for performing capacity planning. Read More

Maintenance Planning... Getting Back to Basics


Proper maintenance planning is the first step in moving from a reactive to a proactive mode. Yet organizations continue to struggle with establishing proper planning processes. This paper provides back to basics perspective on the key elements of maintenance planning.

planning forecast accuracy scm  to Basics Proper maintenance planning is the first step in moving from a reactive to a proactive mode. Yet organizations continue to struggle with establishing proper planning processes. This paper provides back to basics perspective on the key elements of maintenance planning. Read More

Getting Strategic Planning and Financial Planning in the Same Bailiwick


To provide useful financial insight on projects, financial managers need to think about business strategy more like a series of options than a single projected cash flow. While the concepts of options are certainly familiar to most executives, the trick to valuing strategic choices lies in the complex and often overwhelming task of understanding the interaction between strategic options. This article provides a breakthrough planning approach for (1) rapidly realizing the business capabilities dictated by strategy (2) aligning process, technology and organization design and (3) through the financial lens of 'real options' shows how to quan

planning forecast accuracy scm  Strategic Planning and Financial Planning in the Same Bailiwick By partnering with operations on balanced scorecard initiatives, financial managers are helping their companies focus on critical business processes and gain consensus on the critical set of measures to help drive desired business results. In addition, with the explosion of Enterprise Resource Planning (ERP) and e-Commerce systems, financial executives are leading the charge in going from theory to practice by developing a cascading mea Read More

Taking Care of Your Company’s Future: 3 Best Practices for Succession Planning


More successful businesses are embracing succession planning to deepen their talent pool and ensure top talent at every level of the company. This white paper provides a roadmap to make a succession planning strategy successful.

planning forecast accuracy scm  Best Practices for Succession Planning More successful businesses are embracing succession planning to deepen their talent pool and ensure top talent at every level of the company. This white paper provides a roadmap to make a succession planning strategy successful. Read More