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Discrete 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 or...
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Documents related to » sample forecast accuracy erp


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,

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So What’s the Big Deal with Chemicals?
Due to the inherent challenges of the industry, most chemical companies are still unable to profitably respond to highly variable demand, or to execute

sample forecast accuracy erp  progress (WIP), in-test or sample material, rework or scrap material, products in transit, safety stock, and cycle stock. In these contexts, changes in one component can significantly impact other components. Smaller batch sizes reduce WIP levels, but also reduce productivity, whereas cycle times can be shortened to reduce cycle stock, but end up increasing the time spent making production transitions. Traditionally, chemical companies, especially those with a continuous production model, have opted for Read More...
How to Outsell the Competition: The Benchmarking Edge for Successful Sales Execution
Benchmarking is a process where companies compare their performance over time against their competition. In doing so, they can identify where their strengths

sample forecast accuracy erp  have a statistically valid sample that will be used in the next step - Compare and Contrast - where an organization identifies where it is under-performing or over-performing in relation to its peers and other world-class organizations. Step 3 - Compare and Contrast The third step in executing sales benchmarking is comparing and contrasting the internal data with the external data. There are two sets of inputs - the internal data about the organization''s sales force and the external statistically valid Read More...
Supply Chain Cost-cutting Strategies
Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they’re finding that the old strategies

sample forecast accuracy erp  Job title/function: The research sample included respondents with the following job titles: senior management or vice president (18%), director (14%), manager (40%), staff (10%), and internal consultant (18%) Industry: The research sample respondents came from the process industries. Food & beverage companies represented 34% of the sample, followed closely by pharmaceu- ticals manufacturers at 32% and chemical companies at 31%. Oil & gas companies made up 19%. The remainder came from pulp & paper (12%) Read More...
Smooth Transition: Preparing for IFRS
International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now

sample forecast accuracy erp  with initial field setups, sample data entry comparisons, systems changes, and test reports. A group of internal test users in finance (outside the project team) should be trained prior to the rollout of new accounting procedures. Testers will evaluate alternate data entry methods, rollups and reconciliation procedures, bugs, and breaks, as well as any ERP platform applications that have been modified. It will be necessary to work with external auditors to evaluate the IFRS project test results. The IFRS Read More...
Epicor ERP Software System (v. 9.05) for ETO Manufacturers ERP Certification Report
Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order (ETO

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Optimizing Returns from ERP Implementation
Enterprise resource planning (ERP) systems can help manufacturers solve business problems and increase return on investment (ROI), but their implementation

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ERP Systems and the ETO Manufacturing Market Part One: Event Summary
Users increasingly look for an enterprise resource planning (ERP) system designed for a specific business, since software that combines industry-specific

sample forecast accuracy erp  Systems and the ETO Manufacturing Market Part One: Event Summary Event Summary In our relatively recent article about the still ongoing consolidation in the market, What Does Vendor Consolidation Mean To The End User? , we mentioned that the market will not stop short at the eventual Big Five or so of the largest leading vendors. Namely, we expect the market for application software to further segregate into two tiers. The first group will be a limited number of very large vendors, while the second gr Read More...
ERP Upgrades: What''s Your Philosophy? 2012 OAUG Survey on Enterprise Application/ERP Suite Upgrade Strategies
Moving to the latest release of an enterprise resource planning (ERP) system is often perceived as a daunting task. But a new survey of enterprise system

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Sage 100 Standard ERP (v. 4.5) for ERP for Services Certification Report
Sage 100 Standard ERP (formerly Sage ERP MAS 90), v. 4.5, is TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for services in

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Practical Guide to ERP for Recipe/Formula-based Manufacturers
Understanding the features, functions, and architecture of an enterprise resource planning (ERP) system best suited to your type of manufacturing will help you

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SYSPRO ERP (version 6.1 SP1) for Discrete Manufacturing ERP Certification Report
SYSPRO ERP (version 6.1 SP1) is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) solutions in the ERP Evaluation

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Sage ERP X3 v.6 for Distribution Enterprise Resource Planning Certification Report
Sage ERP X3 v.6 is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for distribution in the ERP Evaluation Center. The

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Driving Optimal Performance from ERP Systems
Whether you’re about to embark on a new enterprise resource planning (ERP) initiative or you’re just looking for more value from your existing ERP solution, you

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Dynacom ERP (v. 11.3) for ERP for SMB Certification Report
Dynacom Enterprise is now TEC Certified for online evaluation of enterprise resource planning (ERP) for small to medium business (SMB) solutions in the ERP

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