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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.
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 scm forecast accuracy statistics

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

Supply Chain Management (SCM)

Supply chain management (SCM) solutions include applications for managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse management, international trade logistics, transportation execution, and many other issues for a complete solution, this knowledge base will support your evaluation of an SCM suite. 

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Documents related to » scm forecast accuracy statistics

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.

scm forecast accuracy statistics  | Weather Forecasting | SCM Forecast Accuracy | SCM Forecasting | SCM Calculating Forecast Accuracy | SCM Demand Forecast Accuracy | SCM Measure Forecast Accuracy | SCM Review Forecasting Accuracy | SCM Forecast Accuracy Improvement | SCM Forecasting Accuracy Methods | SCM Increase Forecast Accuracy | SCM Sample Forecast Accuracy | SCM Equal Forecast Accuracy | SCM Tests Forecast Accuracy | SCM Analysts Forecast Accuracy | SCM Assessing Forecast Accuracy | SCM Modeling Forecast Accuracy | SCM Uncertain Read More

Less Stock, More Profit: Inventory Optimization


Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI). However, many companies implementing an ERP solution don’t add a dedicated inventory optimization module. Learn how inventory optimization can offer companies huge potential to maximize the value of IT investments—and keep inventory levels at the right balance.

scm forecast accuracy statistics  and Operations Planning | SCM | Simple Return on Investment | Small Business Inventory Control | Small Business Inventory Control Software | Small Business Inventory Software | Small Business Software | Solution Inventory | Standard Return on Investment | Strategic Supplier Relationship Management | Strategy Inventory | Supplier Management | Supplier Management Software | Supplier Relation Management | Supplier Relationship | Supplier Relationship Management | Supplier Relationship Management Process | Read More

APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 4


Part 1 of this series talked about my attendance of the APICS 2009 international conference in Toronto (Canada) in early October. I attended only a few education sessions, and 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

scm forecast accuracy statistics  Senior Director of Oracle’s SCM Product Strategy ( who was mentioned in Part 2 ), said: “I think the popularity of S&OP is a combination of the economy and the availability of better technology. The rapid downturn in business was a wake-up call to even the best-run companies that nothing less than a fully synchronized response from all functional areas would enable companies to survive this turbulent business environment. Improving their S&OP process is the fastest way for companies to coordinate Read More

Infor Joins the S&OP Fray


With the release of Infor S&OP 1.0, Infor dispels rumors that it’s not an aggressive product innovator. Learn about the features and functions of Infor S&OP 1.0, a solution addressing every major stage in the sales and operations planning (S&OP) process and enabling fast, confident decision making, and follow a discussion between TEC Principal Analyst P.J. Jakovljevic and Infor’s SCM product managers on the S&OP market.

scm forecast accuracy statistics  We see more VP SCM and Chief Supply Chain Officer titles than before. As the economy recovers, the supply chain organization is front and center in the battle to enter new markets, and delight customers with excellent service and more choice. Their purview now allows them to influence more levers that affect customer behavior and ability to serve new markets in a way that maximizes revenue and margins. This has led to the finance part of the business being driven by the supply chain and the executive 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

scm forecast accuracy statistics  possibly within other SAP SCM suite’s applications [ evaluate this product ]. Former Manugistics (now part of JDA Software ) has also embedded ILOG algorithms in several products, most notably in the strategic network design product.  i2 Technologies ( ironically, also soon to be part of JDA Software ) did as well dating back to the Intertrans Logistics Solutions Limited (ITLS) acquisition 10 years ago.  However, for some of the most complex SCM products (i.e., inventory optimization and Read More

Mid-Market ERP Vendors Doing CRM & SCM In A DIY Fashion Part 1: Recent Announcements


While the ERP mid-market has seen more vibrant intra-market merger & acquisition activity during 2001, it appears that 2002 will, for some more tenacious Tier 2/Tier 3 vendors, be the year of delivering products under their own steam as to counteract the onslaught by Tier 1 vendors and mid-market juggernauts.

scm forecast accuracy statistics  Vendors Doing CRM & SCM In A DIY Fashion Part 1: Recent Announcements Event Summary Microsoft ''s acquisition of Great Plains , MAPICS'' acquisition of Pivotpoint, and the merger of former Navision Software and Damgaard in 2000, combined with the anxiety of the then only looming economic slowdown, triggered the spate of mergers & acquisitions throughout 2001 (see The Mid-Market Is Consolidating, Lo And Behold ). As the ground seems to be settling down from quakes and tremors of these mergers, some renown, Read More

Lucrative but "Risky" Aftermarket Business-Service and Replacement Parts SCM


The growing pressure for improving customer responsiveness and profits has lately changed the traditional role of supply chain management (SCM) of spare and replacement parts.

scm forecast accuracy statistics  Business-Service and Replacement Parts SCM The Business Challenge Growing pressure to improve customer responsiveness and profits has lately changed the traditional role of service management for spare and replacement parts. As competitive pressures push more products to a commodity-like business model, many manufacturing companies are increasingly relying on customer service to retain or establish a competitive advantage. Many manufacturers and distributors are also beginning to recognize that there are Read More

ToolsGroup-Statistics-based Supply Chain Planning


ToolsGroup continues to carve out a space for itself in supply chain. Not satisfied with being the last remaining independent multi-echelon inventory optimization (MEIO) vendor, ToolsGroup is pushing forward with broader supply chain capabilities centered around a core statistics-focused demand forecasting capability. While many will argue the virtues of “top down” vs. “middle out” vs. “bottom up”

scm forecast accuracy statistics  Statistics-based Supply Chain Planning ToolsGroup  continues to carve out a space for itself in supply chain. Not satisfied with being the last remaining independent multi-echelon inventory optimization (MEIO) vendor, ToolsGroup is pushing forward with broader supply chain capabilities centered around a core statistics-focused demand forecasting capability. While many will argue the virtues of “top down” vs. “middle out” vs. “bottom up” forecasting (or a mix of these approaches), Read More

SCM Software for Mills


Demand for mill products especially in the metals and packaging industry is growing fast. This presents a good opportunity for the software vendors who cater to the needs of customers in these industries. But these industries have some unique requirements which are discussed throughout this article. Supply chain management software which does planning and execution for manufacturing, transportation, distribution etc. for mills industry, needs to address these unique requirements.

scm forecast accuracy statistics  Software for Mills Introduction Mills produce very different products than products which are made in a typical process or discrete manufacturing. Mill products contain order specific attributes like width, surface finish, length, chemical composition, physical and chemical tolerance limits, and standard product specification (either company specific or more common industry specific). Mill products can be in the form of coils, rolls, bundles etc., and finished mill products are made by operations Read More

A Tale of a Few Good SCM Players - Part 1


Throughout the late 1990s and the mid-2000s, Manhattan Associates was the epitome of a well-managed supply chain management (SCM) software company in terms of market share, growth, profitability, and its products’ capabilities. Simply stated, the company set the industry standard for the supply chain execution (SCE) space and was the envy of its competitors. The

scm forecast accuracy statistics  of a Few Good SCM Players - Part 1 Throughout the late 1990s and the mid-2000s,  Manhattan Associates  was the epitome of a well-managed  supply chain management (SCM) software company in terms of market share, growth, profitability, and its products’ capabilities. Simply stated, the company set the industry standard for the supply chain execution (SCE) space and was the envy of its competitors.  The Long Trail of Excellence The company was founded in 1990 in Manhattan Beach, California, Read More

Collaborative Commerce: ERP, CRM, e-Proc, and SCM Unite! A Series Study: IFS - Part 2 of 2


IFS needs to bolster its brand awareness, and let the world know that they are, in fact, a real contender in the Collaborative Commerce space. Once companies get IFS in-house and get to touch and feel it - to really understand its user interface and ease of use advantages over many of its rivals - it often wins.

scm forecast accuracy statistics  ERP, CRM, e-Proc, and SCM Unite! A Series Study: IFS - Part 2 of 2 Collaborative Commerce : ERP, CRM, e-Proc, and SCM Unite! A Series Study: IFS - Part 2 of 2 R. Garland - October 24, 2001 Introduction  In the early 90''s, ERP came of age. Everyone had to have the functionality ERP packages promised. Since then, as Web and Internet technologies have matured, CRM on the front end, and e-Procurement and Supply Chain Management on the back end, these packages have come into their own. Now in 2001, the Read More

TEC 2012 SCM Market Survey Report: What Organizations Want in Supply Chain Management Software


This report is based on aggregate data collected from more than 600 SCM software comparisons performed using Technology Evaluation Centers’ TEC Advisor software selection application. Although the characteristics that SCM customers are looking for vary according to the specific SCM software segment being evaluated, TEC data show that at the supply chain suite level organizations are mainly seeking these characteristics: collaborative capabilities, cloud deployment, analytics, adaptive solutions, and in-memory computing.

scm forecast accuracy statistics  2012 SCM Market Survey Report: What Organizations Want in Supply Chain Management Software This report is based on aggregate data collected from more than 600 SCM software comparisons performed using Technology Evaluation Centers’ TEC Advisor software selection application. Although the characteristics that SCM customers are looking for vary according to the specific SCM software segment being evaluated, TEC data show that at the supply chain suite level organizations are mainly seeking these Read More

2012 TEC Buyer’s Guide to Explore Surging Interest in SCM


Supply chain management (SCM) software is a key part of a successful global business. With it, companies can monitor transactions between suppliers, manufacturers, shippers, retailers, and a host of other partners. They can anticipate problems, eliminate bottlenecks, and avoid expensive delays. Without SCM, companies lose visibility, and control, of anything outside their four walls, and risk

scm forecast accuracy statistics  Explore Surging Interest in SCM Supply chain management (SCM) software is a key part of a successful global business. With it, companies can monitor transactions between suppliers, manufacturers, shippers, retailers, and a host of other partners. They can anticipate problems, eliminate bottlenecks, and avoid expensive delays. Without SCM, companies lose visibility, and control, of anything outside their four walls, and risk losing time and money to frequent supply chain disruptions. But despite the Read More

SCM Software for Real World Manufacturing: A Case for Mission Critical Use


In an ideal world, we can have an exception free manufacturing operations. And for the most part, it will be a "management by exception" operations with no constraints or bottlenecks to worry about. But in reality manufacturing is all about managing constraints. A lot of constraints! This article discusses the impacts of constraints on manufacturing planning and execution and how a well implemented SCM software can help in overcoming these constraints.

scm forecast accuracy statistics  mission critical usage of SCM software (planning and execution software) in manufacturing, challenges, and solutions. Challenges Why is it that it is difficult to make realistic production planning? Why most of the planning software including many APO software from reputed vendors fail? The one profound reason is that the manufacturing environment is very complex and there are many factors which keep changing by the minute if not by the second. And even when factors are not changing fast, simulating the Read More

Intentia's Movex for Food and Beverage: Gaining a Foothold in North America Part Two: SCM and Other Functions


The SCM features of Movex should assist you in streamlining your operations to make them more efficient and cost-effective. Movex has meanwhile expanded its hardware base and has long added customer relationship management (CRM) modules.

scm forecast accuracy statistics  North America Part Two: SCM and Other Functions Introduction Intentia International AB (XSSE: INT B), a Swedish provider of enterprise business applications for mid-size and large enterprises, has been a major software player off the shores of North America for nearly two decades, developing, inter alia, a well-earned reputation in process manufacturing software for the food and beverage industries. Now, Intentia has set its sights on the United States and Canada. This article looks at the functions and Read More