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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 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

J.D. Edwards Finds Its Inner-Self Within Its 5th Incarnation


By espousing its namesake 5th generation of products that preserves flexibility and provides much more of its own ‘must have’ collaborative applications (i.e. SCM and CRM), J.D. Edwards may start looking forward to the future with its new winning attitude.

review forecasting accuracy scm  PDP, trading partners can review, add or change production schedules as needed, based on their role in the supply chain. J.D. Edwards Warehouse Management , part of ERP 8.0, provides information about where products are located as well as how they should be moved to reduce costs and maximize space and labor resources. A new workflow engine in Warehouse Management now allows users to optimize and fully automate the product pick-up, packing and shipping process. Appropriate cartons and containers are 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

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

IBM & ILOG Matrimony: Good for BPM, Uncertain for SCM? -- Part 1


While my two separate blog post series about workflow automation and Business Process Management (BPM) and about the long tails of supply chains were coming to their respective ends, one event that is curiously pertinent to both topics has meanwhile taken place in the market. Namely, at the end of July 2008, IBM acquired ILOG, a specialized software provider with headquarters in France and the

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Must-read Harvard Business Review Spotlight on Smart, Connected Products


There have been few IT trends that have taken hold as quickly as the Internet of Things, or IoT. In this post, TEC's Ted Rohm takes a look at how a recent Harvard Business Review report on managing the Internet of Things sees this new technology trend, and tells us why the report is a "must-read" for the whole executive team.

review forecasting accuracy scm  read Harvard Business Review Spotlight on Smart, Connected Products The Harvard Business Review (HBR) has published a spotlight on managing the Internet of Things titled “How Smart, Connected Products Are Transforming Competition.” The article provides deep insight into the business ramifications of the exploding Internet of Things (IoT) and is a must-read for C-suite executives and top-level management. The authors of the article are Michael Porter of Harvard University and James Heppelmann, Read More

A Tale of a Few Good SCM Players - Part 4


Part 1 of this blog post series followed the genesis of Manhattan Associates from its inception in 1990 throughout the mid-2000s. During this time, Manhattan Associates was the epitome of an impeccable supply chain management (SCM) software company in terms of market share, growth, profitability, and its product capabilities. Indeed, the company set the industry standard for the supply chain

review forecasting accuracy scm  Tale of a Few Good SCM Players - Part 4 Part 1 of this blog post series  followed the genesis of  Manhattan Associates  from its inception in 1990 throughout the mid-2000s. During this time, Manhattan Associates was the epitome of an impeccable  supply chain management (SCM)  software company in terms of market share, growth, profitability, and its product capabilities. Indeed, the company set the industry standard for the supply chain execution (SCE) space and was the envy of its competitors. But Read More

Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS


Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in-house ERP system in the early 1990s. However, homegrown software can be unwieldy to maintain and difficult to upgrade. In 2001, Fraenkel saw a solution that offered more advanced capabilities, and implemented VAI’s S2K Enterprise Edition for Manufacturing.

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Managed Hosting in Europe: A Review of the Managed Hosting Market and Suppliers in Europe


The increasing use of virtualization allowed managed hosting providers to reduce costs by sharing infrastructure between customers, creating the earliest versions of what is now known as cloud computing. Platforms managed by specialists provide higher service levels, greater ease of secure access, and more manageable costs than many companies can achieve internally. Discover more about Europe’s managed hosting market.

review forecasting accuracy scm  Hosting in Europe: A Review of the Managed Hosting Market and Suppliers in Europe The term managed hosting describes the provision of a ready to use IT stack including hardware and infrastructure software for the deployment of applications. Source : Quocirca Ltd Resources Related to Managed Hosting in Europe: A Review of the Managed Hosting Market and Suppliers in Europe : Web Hosting Service (Wikipedia) Managed Hosting in Europe: A Review of the Managed Hosting Market and Suppliers in Europe Managed Read More

Supply Chain Management (SCM)


Supply chain management (SCM) systems are used to coordinate the movement of products and services from suppliers to customers (including manufacturers, wholesalers, and retailers). These systems are used to manage demand, warehouses, trade logistics, transportation, and other issues concerning facilities, and movement and transformation of materials on their way to customers.

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The Case for a Specialised Sales Forecasting Software Solution


This white paper addresses the question “Why do you need a specialised sales forecasting software solution?” It makes the case for implementing a purpose-built sales forecasting software tool, and provides a number of considerations and parameters that can be used to evaluate suitable solutions.

review forecasting accuracy scm  Case for a Specialised Sales Forecasting Software Solution This white paper addresses the question “Why do you need a specialised sales forecasting software solution?” It makes the case for implementing a purpose-built sales forecasting software tool, and provides a number of considerations and parameters that can be used to evaluate suitable solutions. Read More

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

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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The Future of the SAP Economy—A Book Review of SAP Nation


P.J. Jakovljevic reviews a fascinating new book about software vendor SAP. And what a story it is! Written by Vinnie Mirchandani, it chronicles the current and future prospects of a $200 billion giant that has a glorious and profitable past—but may be looking at a future fraught with serious challenges at every turn.

review forecasting accuracy scm  the SAP Economy—A Book Review of SAP Nation SAP Nation: A Runaway Software Economy , by Vinnie Mirchandani, Deal Architect Inc, 262 pages, US$19.95   Vinnie Mirchandani’s is a seasoned enterprise software market observer (formerly an analyst at Gartner and consultant at PwC, as well as having been an SAP ERP-accounting user) who has vast experience in negotiating enterprise software deals for his clients ( Deal Architec t is one of Mirchandani’s trademarked companies and blogs). Mirchandani’s Read More