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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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 planning 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

Talent Management

Talent management solutions encompass all the applications necessary for handling personnel-related tasks for corporate managers and individual employees from the point of hire to the point of retire. This talent management model includes functionality for recruitment and staffing management, personnel management, career development, succession planning, learning management, performance and compensation management, and workforce management and planning. 

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Documents related to » planning forecast accuracy

Unified Planning and Consolidation


Executive teams are under great pressure to maximize profitability, reduce costs, minimize risk, and improve stakeholder confidence. To be effective, they need reliable, up-to-date financial and operational data for planning purposes as well as budgeting, forecasting, analysis, and statutory and management reporting. Learn about software solutions that can help your organization plan, forecast, and budget more effectively.

planning forecast accuracy  brings order to business planning processes by helping you plan, budget, and forecast more effectively. With embedded support for financial consolidation, the software facilitates compliance with regulatory and financial reporting requirements. Business Challenges   Accelerate cycle time for planning and budgeting and increase business user productivity Improve the accuracy of planning and forecasting Model potential business strategies and decide on a course of action that maximizes value creation Read More

Selecting the Right Enterprise Planning Solution: Considerations for Software Evaluators


Companies face an unprecedented need to forecast and plan with speed and accuracy. Planning solutions must leverage the link between planning and analysis to manage corporate performance. However, many solutions offer only half your planning and performance management needs: analyzing yesterday’s performance. Learn about a solution that can help you predict, plan, and manage tomorrow’s performance, to improve on today’s.

planning forecast accuracy  the Right Enterprise Planning Solution: Considerations for Software Evaluators Companies face an unprecedented need to forecast and plan with speed and accuracy. Planning solutions must leverage the link between planning and analysis to manage corporate performance. However, many solutions offer only half your planning and performance management needs: analyzing yesterday’s performance. Learn about a solution that can help you predict, plan, and manage tomorrow’s performance, to improve on 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  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

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  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

Successful Sales and Operations Planning in Five Steps


A sales and operations planning (S&OP) meeting is a critical decision-making activity that sets the overall direction for the company. Executives discuss trade-offs between customer service, inventory investments, production capabilities, supply availability, and distribution concerns, in order to balance generating profit with satisfying operational goals. Learn the five essential steps for successful S&OP planning.

planning forecast accuracy  steps can make your planning process impactful and effective. The ability to predict sales on NPIs, where there is no sales history to model, can be difficult. Traditional time-series forecasting tools that utilize history will not work effectively for NPIs. To overcome these challenges, more advanced techniques must be employed. Step 1 - Innovation and Strategy Review An important consideration for any company is managing product lifecycles. What products should we introduce to the market place? When Read More

Advanced Planning Optimization and LeadTime Technology


While both the LeadTime Technology (LLT) and the advanced planning optimization (APO) modules from SAP are supply chain optimization tools, the scope of each is very different. APO optimizes the global supply chain based on costs and heuristics, while LLT looks at production resources and bases optimization on economic profit. Compare the differences between these two tools and see why LLT provides a distinct advantage.

planning forecast accuracy  Planning Optimization and LeadTime Technology While both the LeadTime Technology (LLT) and the advanced planning optimization (APO) modules from SAP are supply chain optimization tools, the scope of each is very different. APO optimizes the global supply chain based on costs and heuristics, while LLT looks at production resources and bases optimization on economic profit. Compare the differences between these two tools and see why LLT provides a distinct advantage. Read More

Strategic CFO and Supply Chain Planning


From being gatekeepers of financial and accounting operations, chief financial officers (CFOs) are now expected to have a holistic view of the organization that goes far beyond shareholder value. This white paper discusses how CFOs need to be actively involved in supply chain initiatives, supporting them with operational policies for better performance and business sustainability, and the role of analytics in driving this transformation.

planning forecast accuracy  CFO and Supply Chain Planning From being gatekeepers of financial and accounting operations, chief financial officers (CFOs) are now expected to have a holistic view of the organization that goes far beyond shareholder value. This white paper discusses how CFOs need to be actively involved in supply chain initiatives, supporting them with operational policies for better performance and business sustainability, and the role of analytics in driving this transformation. Read More

2011 Trends Report: Enterprise Resource Planning (ERP)


Find out in guide to quickly fill you in on the 2011 Trends Report: Enterprise Resource Planning .

planning forecast accuracy  Trends Report: Enterprise Resource Planning (ERP) 2011 Trends Report: Enterprise Resource Planning (ERP) What are the top trends in ERP for 2011? Find out in guide to quickly fill you in on the 2011 Trends Report: Enterprise Resource Planning (ERP) . You''ll learn where ERP is heading: everything from cloud computing and vendor accountability, to collaboration tools and more to help you plan effectively for the future. Eight top trends. Five expert opinions. One easy way to learn what''s in store for ERP Read More

Oracle Moves Hyperion Enterprise Financial Planning and Budgeting to the Cloud


Oracle announced the general availability of its first enterprise performance management (EPM) solution offered in the cloud, Oracle Planning and Budgeting Cloud Service, part of the Oracle Enterprise Planning Cloud portfolio. Part of the Oracle Cloud, the service is built on Oracle Hyperion Planning. The Oracle Cloud delivers a broad suite of subscription-based, enterprise-grade application, social, platform, and infrastructure services.

planning forecast accuracy  Moves Hyperion Enterprise Financial Planning and Budgeting to the Cloud Oracle announced the general availability of its first enterprise performance management (EPM) solution offered in the cloud, Oracle Planning and Budgeting Cloud Service, part of the Oracle Enterprise Planning Cloud portfolio. Part of the Oracle Cloud, the service is built on Oracle Hyperion Planning. The Oracle Cloud delivers a broad suite of subscription-based, enterprise-grade application, social, platform, and infrastructure Read More

Is Enterprise Resource Planning Becoming a Commodity?


All was fine, methodical, and elegant until enterprise resource planning (ERP) vendors started aspiring to new customer acquisitions in the hundreds per annum. And with the advent of "ERP for small to medium businesses," the numbers are simply mind-boggling.

planning forecast accuracy  Enterprise Resource Planning Becoming a Commodity? Transition of Value into Volume Business Model Enterprise resource planning: ERP . The three once-paranoid letters are emerging out of their value shell to reach out to the masses. All was fine, methodical, and elegant, until ERP vendors started aspiring to new customer acquisitions in the hundreds per annum. With the advent of ERP for small to medium businesses (SMBs), the numbers are mind boggling. Product management researchers case-studying the Read More

How to Select a Sales and Operations Planning (S&OP) System


Mature sales and operations planning (S&OP) is more than a sales forecasting or tactical planning tool. S&OP is a decision-making mechanism for aligning strategic plans with sales, operational, and financial plans. Download this TEC executive brief for pointers on selecting an S&OP system, information about how mature S&OP processes can help tackle critical business issues, and key S&OP system capabilities to look for.

planning forecast accuracy  a Sales and Operations Planning (S&OP) System Mature sales and operations planning (S&OP) is more than a sales forecasting or tactical planning tool. S&OP is a decision-making mechanism for aligning strategic plans with sales, operational, and financial plans. Download this TEC executive brief for pointers on selecting an S&OP system, information about how mature S&OP processes can help tackle critical business issues, and key S&OP system capabilities to look for. Read More

Why Selecting Enterprise Resource Planning (ERP) Software Is Like Planning Your Wedding


I never thought I’d ever make an analogy such as this, but as we head into spring (the season of change—and love in bloom), I figured, "what the heck"… When you really think about it, selecting ERP software does have many similarities to planning a wedding—right down to the uncertainty of whether or not you’ve chosen the right solution or, in the case of your wedding, partner to spend a

planning forecast accuracy  Selecting Enterprise Resource Planning (ERP) Software Is Like Planning Your Wedding I never thought I’d ever make an analogy such as this, but as we head into spring (the season of change—and love in bloom), I figured, what the heck … When you really think about it, selecting ERP software does have many similarities to planning a wedding—right down to the uncertainty of whether or not you’ve chosen the right solution or, in the case of your wedding, partner to spend a lifetime with. While Read More

2011 Trends Report: Enterprise Resource Planning (ERP)


Enterprise resource planning (ERP) automates many aspects of an organization’s operations, cascading across traditional boundaries of operations, finance, manufacturing, and more. As such, changes in the ERP market can cause a ripple effect in an organization’s business. In this report, five Focus experts share eight of their 2011 predictions for ERP, so you can plan your business around these changing tides and trends.

planning forecast accuracy  Trends Report: Enterprise Resource Planning (ERP) Enterprise resource planning (ERP) automates many aspects of an organization’s operations, cascading across traditional boundaries of operations, finance, manufacturing, and more. As such, changes in the ERP market can cause a ripple effect in an organization’s business. In this report, five Focus experts share eight of their 2011 predictions for ERP, so you can plan your business around these changing tides and trends. Read More

How-to Guide: Justify a Supply Chain Planning System


Have you come to the conclusion that your company needs a supply chain planning system? Do you need to provide management and other key decision makers with reasons why you need a supply chain planning system? One way that a supply chain planning system can help you is by enforcing best practices and processes. Get more details on this and 10 other reasons why you should implement a supply chain system that works for you.

planning forecast accuracy  Justify a Supply Chain Planning System Have you come to the conclusion that your company needs a supply chain planning system? Do you need to provide management and other key decision makers with reasons why you need a supply chain planning system? One way that a supply chain planning system can help you is by enforcing best practices and processes. Get more details on this and 10 other reasons why you should implement a supply chain system that works for you. Read More