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 record forecast accuracy

Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

Browse Now
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

Merchandising Systems

Merchandising systems are the enterprise back and front-office software solutions upon which the majority of retailers rely to manage and support their daily tasks. These systems typically record product performance, which allows buyers to purchase merchandise according to that information and to make accurate merchandise decisions. Moreover, retail systems have capabilities for tracking inventory, capturing sales data, and managing retail prices. 

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Documents related to » record forecast accuracy

Selligy Takes Mobile CRM to New Levels


Selligy is rolling out tools that allow sales professionals to manage their deals and update their sales forecasts more quickly and accurately, and from their smartphones. Selligy's activity-based mobile application uses the context of the mobile phone—including location, calendar, e-mail, and mobile data—to bypass time-consuming and manual processes found in most customer relationship management (CRM) systems.

record forecast accuracy  the new totals, and record the changes all at once. Selligy estimates that with this feature, salespeople will perform forecasting tasks roughly 90 percent faster; performing the same task in traditional CRM systems can require navigating 30 to 40 pages.   While Salesforce1 is a powerful platform that can extend any part of salesforce.com for any user, Selligy is built specifically for salespeople, to fit into their daily flow of selling activities. For example, Selligy allows salespeople to try Read More

One Offering to Watch Unfold in 2012: UNIT4 Business Analytics Apps


For me, the third week of December 2011 was a week of revelations of sorts in the realm of enterprise applications. Amid all the IT punditry/buzzword talk throughout the year about cloud computing, analytics, mobility, social, and in-memory, there were two concrete announcements in mid-December from two vendors that gave me pause. Both vendor product announcements are still far away from their

record forecast accuracy  Still, the vendor’s track record shows lots of delivery on its ambitious promises in the past, and I am happy to take a leap of faith. In any case, the touted design principles of these upcoming BLINC apps are as follows: A template-based rapid deployment approach tailored for certain verticals (i.e., government, higher-education, and professional services), with about 90 percent functionality out-of-the-box, while the rest can be tweaked by users (DIY) and/or consultants A turnkey approach with some Read More

What Can Manufacturers Do in a Tough Economy? - Part I


According to the proverb “calamity is the touchstone of a brave mind,” in these tough times some supply chain management (SCM) vendors have been trying to take stock (no pun intended) of their offerings and how best to offer these to customers, to mutual benefit. In fact, I have recently seen some intriguing (if not bizarre) press releases (PRs), which read like some type of whitepapers or

record forecast accuracy  sector are falling at record rates. Namely, Markit , a financial information company, reported in its “Eurozone Services Purchasing Managers Index” from October 1, 2008 that manufacturing output in Great Britain hit an astounding 17-year low. For its part, in the “Manufacturers’ Shipments, Inventories, and Orders” report from October 2, 2008 , the US Census Bureau also announced the troubling news that orders for durable goods decreased by 4.5 percent in the month of August 2008. The heightened Read More

Winning Users' Hearts & Minds via Usability: A Retail Example


My recent blog series entitled “Integrated Workforce Management (WFM) Platforms: Fact or Fiction?” established that WFM systems have evolved from point solutions (i.e., time and attendance [T@A], workforce scheduling, absence management, human resources [HR], payroll, etc.) into unified solutions with a common user interface (UI), integrated WFM modules, and centralized

record forecast accuracy  out day-to-day tasks, and record key observations Interpretation and analysis to consolidate the flows and user concepts Analysis involving affinity diagramming to uncover opportunities to impact the user experience The result of this painstaking research was the Microsoft Dynamics Customer Model that describes how people in departments conduct work within and across organizations. The Model is the repository for all of the Microsoft Business division’s information and research regarding processes and 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.

record forecast accuracy  historical data is a record of what actually happened, and not necessarily of what the customer actually wanted to happen. For example, stockouts might appear as reduced demand, whereas in fact they were unsatisfied demands. The effect of stockout hence needs to be automatically eliminated from the sales history to provide a more realistic forecast. Thus, a key feature in the forecasting module is automatic outlier elimination, which allows the system to adjust historical data points to reduce the Read More

Reflexis Systems Announces Record Customer Growth in First Half of 2012


It appears that Reflexis has been aggressively bundling/cross-selling its newer WFM modules into its traditional breadwinning task management deals to try to achieve a wider market acceptance.  The Reflexis platform of integrated task management, key performance indicators (KPI)-based compliance, time and attendance (T@A), and labor scheduling (including budgeting and forecasting) solutions

record forecast accuracy  Systems Announces Record Customer Growth in First Half of 2012 It appears that Reflexis has been aggressively bundling/cross-selling its newer WFM modules into its traditional breadwinning task management deals to try to achieve a wider market acceptance.  The Reflexis platform of integrated task management, key performance indicators (KPI)-based compliance, time and attendance (T&A), and labor scheduling (including budgeting and forecasting) solutions enables retailers to align store labor 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.

record forecast accuracy  during the holiday season. Record sales of $1.35 billion (USD) are expected on Thanksgiving Day, a 27% increase over last year. Sales on Cyber Monday are forecasted to be $2.6 billion, an increase of 15 percent over last year. Black Friday is predicted to be the fastest-growing online sales day of the year at $2.48 billion, an increase of 28 percent over last year. This tremendous volume of data Adobe collects has enabled the company to successfully predict spending on Thanksgiving and Cyber Monday Read More

PeopleSoft Building Muscles To Overcome The Rough Patch Part 1


The year 2001, which was an exceptional year of financial performance for PeopleSoft, including record total revenue, record profit, and more than $500 million of generated cash, might have become its liability as well, as it might be quite difficult to repeat.

record forecast accuracy  ended a string of record results during previous six quarters. For the first quarter ended March 31, 2002, software license revenue declined 13% to $133 million, from $153 million in Q1 2001 (See Figure 1). Likewise, total Q1 2002 revenue was $483 million, a decline of 6% from $514 million a year ago, justified by the management with all-too-familiar slowdown in IT spending. Figure 1. However, income from recurring operations, however, increased by 28% to $46 million, up from $36 million in the same Read More

Acumatica Declares 2013 a Record Year, Looks to Similar 2014


Acumatica, a fast-growing provider of customizable, cloud-based ERP applications for small to medium businesses (SMBs), recently announced a record year for new customer deals, increased revenue, and plans for its 2014 Partner Summit. Get the details in P.J. Jakovljevic’s blog post.

record forecast accuracy  Declares 2013 a Record Year, Looks to Similar 2014 Founded in 2007, Acumatica is a fast-growing provider of customizable, cloud-based enterprise resource planning (ERP) applications for small to medium businesses (SMBs), offering financial management, distribution, customer relationship management (CRM), and project accounting suites. The vendor recently announced a record year for new customer deals, increased revenue (a whopping 350 percent year-over-year revenue growth), and plans for its 2014 Read More

Cezanne HR Time Management


Time is the latest addition to Cezanne HR’s expanding suite of HR software solutions. It allows employees to quickly and easily record how they are using their time across multiple projects and activities, and in multiple companies or countries. Find out how to reduce administration and make time recording and timesheets effortless for employees and managers alike.

record forecast accuracy  to quickly and easily record how they are using their time across multiple projects and activities, and in multiple companies or countries. Find out how to reduce administration and make time recording and timesheets effortless for employees and managers alike. Read More

Privacy Challenges for Data Providers


Ensuring the quality, accuracy, and security of customer data has never been more important than it is today. The growing potential for privacy breaches and tighter compliance regulations have created unique challenges and responsibilities for many data providers. Here we discuss some of the key privacy issues surrounding data management, and how partnering with a provider of master data management (MDM) software can help.

record forecast accuracy   Read More

MRP Success Story: Swiss American Products


Learn how Swiss-American Inc., a leading manufacturer of medical products, improved the accuracy of its inventory levels by adopting a new manufacturing system complete lot traceability, manufacturing resource planning (MRP), purchasing, and manufacturing projections.

record forecast accuracy  ProcessPro,inventory,case,elta,medical,Manufacturing 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.

record forecast accuracy  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. Read More