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Software Functionality Revealed in Detail
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 planning steps

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

Process Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today's leading ERP systems group all traditional company management functions (finance, sales, manufacturing, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While during the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-Business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.    

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Documents related to » planning steps

10 Key Steps to Effective HR Succession Planning


Two forces are driving organizations to consider succession planning as a component of overall strategy: the aging workforce and a shortfall in labor skills. Both factors will only become more pressing as time goes on. That’s why succession planning requires a long-term strategic commitment rather than a short-term (and sometimes panic-driven) effort to fill vacancies as they occur.

planning steps  to Effective HR Succession Planning 10 Key Steps to Effective HR Succession Planning If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader.   If you ask 100 people about succession planning , you are likely to get 100 different responses about what it actually is and how their organization is handling it. Source : Halogen Software Resources Related to Effective HR Succession Planning : Planning (Wikipedia) 10 Key Steps to Effective HR 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 steps  Sales and Operations Planning in Five Steps Voyager Sales and Operations Planning enables you to establish a central warehouse for diverse planning data, using information from sales, production, finance, marketing, transportation and procurement. Logility synchronizes this data so your entire enterprise can work from a one number platform to save time and achieve clarity. This removes hours and days from your planning process. You can slash the planning cycle and complete multi-divisional 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 steps  ERP Upgrades with Better Planning , you''ll learn how to create a successful upgrade plan, with steps for implementation including: planning design development preparation for cut-over final go-live and production support Discover the steps to developing a long-term life cycle strategy and tactical plan for your upgrade projects. Better planning is the winning formula for avoiding unnecessary setbacks. Don''t upgrade blindly: download your copy of Reduce the Pain of ERP Upgrades with Better Planning today. Read More

4 Steps to Successful Succession Development Planning


So you’ve determined that you need to develop a succession planning strategy in anticipation of the retirement of key personnel. Now what? How do you identify and select the employees for development and who do you need to involve in the process? In her latest article, TEC human capital management (HCM) analyst Sherry Fox outlines key considerations and four essential steps to a successful succession planning initiative.

planning steps  to automate the succession planning process (see listing of vendors and solutions at the end of this article). Here are four steps your company can take to succeed at its succession planning initiative.   Step 1—Recruiting Top Talent: Identifying and Selecting As an organization, if you’re committed to finding the top talent, then you will. To this end, you need to start recruiting candidates (whether from within or outside of the organization) with skill sets that you plan to develop for key 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 steps  you’re good to go! Planning for implementation Now that the negotiations are over and you''ve gotten executive approval, it’s time to get ready for the implementation. Think of this as “moving in together”. After all the time, effort—and money—spent on your software selection project, it’s time for the real test. How will it go? Will your new ERP solution work out? Do you feel you’ve chosen wisely? Installation and configuration (or migration) Setting up house as a newlywed can be lots of Read More

Sales and Operations Planning: Choosing the Optimal Strategy for Your Business


Sales and operations planning (S&OP) provides the visibility and agility to improve product management and promotional planning, minimize unnecessary buildups of inventory, and predict revenue more effectively. S&OP works because it develops a well-coordinated operating plan in support of your customer demand, your business plan, and your strategy. So what is S&OP exactly, and how does it work?

planning steps  Business Sales and operations planning (S&OP) provides the visibility and agility to improve product management and promotional planning, minimize unnecessary buildups of inventory, and predict revenue more effectively. S&OP works because it develops a well-coordinated operating plan in support of your customer demand, your business plan, and your strategy. So what is S&OP exactly, and how does it work? Read More

The CEO’s Guide to Succession Planning: Managing Risk & Ensuring Business Continuity


To effectively transform succession planning from a manual, paper-based process to one that is systematic and technology-enabled, CEOs must focus on laying a solid foundation supported by strong executive leadership. Read this CEO guide to get five key tips to jump-start your succession planning efforts to better manage risk and ensure business continuity and to know how a strong succession strategy can impact your company.

planning steps  To effectively transform succession planning from a manual, paper-based process to one that is systematic and technology-enabled, CEOs must focus on laying a solid foundation supported by strong executive leadership. Read this CEO guide to get five key tips to jump-start your succession planning efforts to better manage risk and ensure business continuity and to know how a strong succession strategy can impact your company. Read More

Longview Budget and Planning


PDG Group Model 814

planning steps  Budget and Planning PDG Group Model 814 Read More

SAP BusinessObjects Planning and Consolidation


The SAP BusinessObjects Planning and Consolidation application can help unify and streamline the planning, budgeting, and forecasting process, and can enable a faster close. Finance-owned and maintained, the application unifies planning, financial consolidation, and management reporting for the enterprise-which can improve budget cycle times, drive compliance with regulatory and financial standards, help reduce external audit costs, instill confidence, and reduce business risk. With SAP BusinessObjects Planning and Consolidation, functionality companies need to meet their bottom-up and top-down financial and operational planning requirements, as well as complete consolidation and reporting, is available through a single, unified application and user interface. Companies can benefit from the following advantages: Improved agility-quickly model new business scenarios and decide on a course of action that maximizes value creation. Reduced cycle time-finance and line-of-business managers can collaborate in a unified landscape, streamlining the process of creating and approving plans, budgets, and forecasts. Minimized business and compliance risk-transparent financial data and a single version of the truth enable fast, accurate management and statutory reporting. Increased user productivity-an intuitive interface and familiar office tools help workers make the most of their time.

planning steps  BusinessObjects Planning and Consolidation The SAP BusinessObjects Planning and Consolidation application can help unify and streamline the planning, budgeting, and forecasting process, and can enable a faster close. Finance-owned and maintained, the application unifies planning, financial consolidation, and management reporting for the enterprise-which can improve budget cycle times, drive compliance with regulatory and financial standards, help reduce external audit costs, instill confidence, and Read More

A Veteran Enterprise Resource Planning Vendor Makes a SaaS-y Statement


Glovia International has launched the first full-fledged and versatile, manufacturing-oriented solution that is an on-demand, enterprise resource planning software-as-a-service application. Its solution is good news for small and medium businesses in more ways than one.

planning steps  Veteran Enterprise Resource Planning Vendor Makes a SaaS-y Statement The first complete and flexible, enterprise resource planning (ERP), software-as-a-service (SaaS) solution that is geared to manufacturers has been unveiled by a veteran vendor that, despite its long history as a software solutions provider, has not received its due recognition. The vendor maintains a conservative marketing approach, which is likely the cause of its low-key presence in the global enterprise applications market. The fact Read More

Financial Planning: Mastering the Key Value Drivers


In business, planning plays a fundamental role in analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it can also be used to achieve a series of objectives, including regulatory compliance. In order to achieve these objectives, companies should consider implementing a unified customer performance management (CPM) solution—one that takes compliance into consideration.

planning steps  Value Drivers In business, planning plays a fundamental role in analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it can also be used to achieve a series of objectives, including regulatory compliance. In order to achieve these objectives, companies should consider implementing a unified customer performance management (CPM) solution—one that takes compliance into consideration. Read More

Executive Sales and Operations Planning Maturity Levels and Key Solution Criterion


Sales and operations planning (S&OP) is the key integrated process that the supply chain organization can leverage to achieve visibility and transformation across the entire organization and throughout the value chain. This white paper explores the current business challenges face by companies, the priority allocated to S&OP, the maturity levels associated with S&OP, and the role of technology enablers.

planning steps  Sales and Operations Planning Maturity Levels and Key Solution Criterion Sales and operations planning (S&OP) is the key integrated process that the supply chain organization can leverage to achieve visibility and transformation across the entire organization and throughout the value chain. This white paper explores the current business challenges face by companies, the priority allocated to S&OP, the maturity levels associated with S&OP, and the role of technology enablers. Read More

Can Java Perk Legacy Enterprise Resource Planning Systems?


Intentia has poured Java into its enterprise resource planning system, Movex, to meet the growing demand for functional enhancements and remote accessibility, without ripping and replacing legacy systems. However, are users willing to make the transition?

planning steps  Perk Legacy Enterprise Resource Planning Systems? Situational Analysis Before their merger, Lawson (NASDAQ: LWSN) and Intentia (XSSE:INT B) were actively trying to cater to both existing and prospective customers. Sweden-based Intentia redesigned and rewrote Movex in Java, its extended enterprise resource planning (ERP) system, and US-based Lawson announced its Landmark technology development system. (For more information, see Intentia: Java Evolution From AS/400 ). Both are examples of how independent Read More

The Banking Industry: Planning the Road Ahead


Effective planning is integral to the success of a bank. It helps define and ensure the achievement of the organization’s objectives. Understanding and implementing the planning cycle, which leverages forecasting, operational metrics, and multidimensional analyses can help management determine the feasibility of a strategy. An enterprise-wide, integrated planning and forecasting environment that reaches business units, products, customer segments, and geographies can align non-financial performance targets with high-level financial targets and help banks meet their goals.

planning steps  Banking Industry: Planning the Road Ahead Effective planning is integral to the success of a bank. It helps define and ensure the achievement of the organization’s objectives. Understanding and implementing the planning cycle, which leverages forecasting, operational metrics, and multidimensional analyses can help management determine the feasibility of a strategy. An enterprise-wide, integrated planning and forecasting environment that reaches business units, products, customer segments, and geograph Read More