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 review forecasting 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

Documents related to » review forecasting accuracy scm

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.

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APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 3


Part 1 of this blog series talked about my attendance of the APICS 2009 International Conference in Toronto, Canada in early October. I attended only a few education sessions, as my conference visit focused more on exploring the expo floor and talking to the exhibitors. My overwhelming impression from the conference's expo floor was that the main value propositions this year revolved around the

review forecasting accuracy scm  to be able to review the necessary data and to see the impact of  what-if analyses . Namely, any disconnect from the operational side could mean the lack of participation from the sales or finance folks. Without accountability, business units do not have the incentive to make a corporate-wide analysis of performance possible. Accurately predicting revenue and operating performance is a daunting challenge facing many enterprises today. Despite the raising awareness of the adverse impact of badly missed Read More

APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 5


Part 1 of this blog series talked about my attendance of the APICS 2009 international conference in Toronto, Canada in early October. I attended few education sessions, as my conference visit focused more on exploring the expo floor and talking to the exhibitors. My overwhelming impression from the conference's expo floor was that its main value proposition this year revolved around the flavors

review forecasting accuracy scm  to: Easily navigate and review plans through an intuitive graphical hierarchy configured to the company’s desired planning attributes Perform what-if analysis and scenario evaluations to understand tradeoffs when balancing supply, demand, and simultaneously meeting financial objectives Identify critical resources (people, equipment, suppliers and finances) to address any issues related to conflicts, constraints, or bottlenecks Relate assumptions, risks, and opportunities to specific hierarchy levels in Read More

Nine Ways to Use ERP to Make the Manufacturing Supply Chain Lean


There are entire books and thorough training and certification processes devoted to lean supply chain practices. But within any manufacturing environment, there are a few relatively simple steps that will help any enterprise make its supply chain lean. In this article, we will touch on these simple measures—measures that any company can take.

review forecasting accuracy scm  demand plans, thereby shortening review cycles and increasing accuracy. It is also import that the demand forecasting tool allows you to export forecasts to various common office applications that can then be e-mailed to key people throughout the enterprise. In order to increase accuracy, you must be able to easily monitor and take action based on forecast error, so look for robust error management functionality, including mean error, mean absolute error, mean absolute percentage error, Theil''s Read More

ToolsGroup-Going Back to Its SCP Roots


What has ToolsGroup, the expert in demand-driven SCP, been doing to address demand and supply variability? Read P.J. Jakovljevic’s article and see how ToolsGroup has developed sophisticated software that analyzes demand history across multiple dimensions, enabling companies to obtain more accurate forecasts and inventory targets for driving outstanding customer-service levels with less global inventory in their supply chains.

review forecasting accuracy scm  and choosing options, carefully reviewing calculation details, and finally manually overriding a large portion of the system’s suggestions. The aftermarket (service or spare) parts environment, with its many stock-keeping unit (SKU)-location combinations, high percentages of slow moving products, and very heterogeneous demand and supply behaviors across products, has required highly automated systems, with advanced self-tuning capabilities and statistically more rigorous modeling. These requirements Read More

PLM Review: PTC Windchill ProductPoint


For a close-up look at productpoint from a user's point of view, download windchill productpoint: exploring the product.

review forecasting accuracy scm  Review: PTC Windchill ProductPoint Windchill ProductPoint is a product lifecycle management (PLM) solution designed to aid small and midsized businesses with their engineering and product development. Using Microsoft''s SharePoint 3.0 as a foundation, it enables the sharing of computer-aided design (CAD) and other data among teams. ProductPoint offers vaulting, sharing, visualizing, and markup capabilities for product data through its support for multiple CAD authoring applications. For a close-up look Read More

E2open Buys icon-scm, Makes Waves in Supply Chain Space


E2open and icon-scm have just combined to create a collaborative planning and execution software stalwart, enabling brand owners and their trading partners to work together to improve their supply chain performance by continuously solving real problems with better information. The transaction, valued at approximately $34 million in total (more than three times icon-scm’s revenues), represents an

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Newman Technology Cuts Inventory Costs by 25 Percent; Achieves 98 Percent Inventory Accuracy


Newman Technology was using a paper trail system to manage a lot of traffic, and realized that it needed a modern-day solution for production accuracy and accountability. It needed a robust tool and disciplined processes for managing its inventory, purchase orders, and accounts receivables. Learn how Newman Technology improved its communication with suppliers and gained visibility into suppliers’ operations.

review forecasting accuracy scm  cloud ERP, cloud supply chain solution, supply chain visibility, supply chain management Read More

New Dimensions in EC and SCM Part 1: The Benefits of E-Procurement


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

review forecasting accuracy scm  procurement strategy,new dimensions,procurement,supply chain,purchase order tracking,supplier management software,purchase order software,software purchasing,supply chain consultants,purchase order system,purchase management,supply chain consultant,fulfillment services,logistics consulting,e commerce software Read More

SCM Buyer’s Guide 2012: Adapting to Challenging Times and Circumstances


TEC is coming up with four new buyer’s guides for 2012, and one slot is reserved for supply chain management (SCM) solutions. My main reason for pushing for this was that the global business landscape has been battered significantly by a slew of economic, political, social and environmental events over the past five years. This has resulted in significant losses for businesses around the world.

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Retail SCM Software Trends and 2015 Predictions—Part One


TEC's P.J. Jakovljevic takes a look at the trends that will shape the retail supply chain in 2015 in this two-part series based on discussions with JDA Software, Manhattan Associates, E2open, Logility, and other notable SCM software players over the past few months.

review forecasting accuracy scm  SCM Software Trends and 2015 Predictions—Part One As it neared its end, 2014 has proven to be an interesting year for the retail (and general) supply chain management (SCM) software market, and 2015 should not be any less exciting. Things are starting out with the traditional National Retail Federation (NRF) BIG Show 2015 , just around the corner, January 11 to 14 in New York City.   I have had many conversations with resident experts at JDA Software, Manhattan Associates, E2open, Logility , and Read More

TEC Product Review: Omnivex Moxie


TEC business intelligence and data management analyst Jorge García profiles Omnivex Moxie, a powerful digital signage software solution designed for business environments where content serves not only to engage and inform, but also to provide guidance, facilitate knowledge sharing, and, most importantly, enhance decision making.

review forecasting accuracy scm  Product Review: Omnivex Moxie TEC business intelligence and data management analyst Jorge García profiles Omnivex Moxie, a powerful digital signage software solution designed for business environments where content serves not only to engage and inform, but also to provide guidance, facilitate knowledge sharing, and, most importantly, enhance decision making. Read More

Forecasting Total Cost of Ownership for Initial Deployments of Server Blades


For organizations deploying many servers, total cost of ownership (TCO) analyses favor blade over rack-optimized systems. Blade server systems—reducing both capital and operating expenses—exploit economies of scale when deploying servers in volume. Saving power, cooling, and space by more than 25 percent, the blade advantage is particularly relevant for servers working in conjunction with storage area networks (SANs).

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Financial Forecasting: Room for Improvement for People, Process and Technology


Preparing an accurate forecast in this volatile business climate is challenging. Still, it is critical for businesses to be able to predict outcomes for the next month, quarter or year, and be able to respond quickly when the actuals vary significantly from the forecast. Forecasting may be equal parts art and science, but the most dialed-in enterprises report using a solid, collaborative process for generating accurate forecasts.

review forecasting accuracy scm  Forecasting: Room for Improvement for People, Process and Technology Preparing an accurate forecast in this volatile business climate is challenging. Still, it is critical for businesses to be able to predict outcomes for the next month, quarter or year, and be able to respond quickly when the actuals vary significantly from the forecast. Forecasting may be equal parts art and science, but the most dialed-in enterprises report using a solid, collaborative process for generating accurate Read More

Simple SCM Document Exchange


Abrica.net is a "software-as-service" collaboration solution that enables supply chain partners, of all sizes, to quickly, easily and inexpensively exchange business documents. To send a supply chain document, simply "print" it to the Abrica printer.

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