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 scm forecasting accuracy methods

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.

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Documents related to » scm forecasting accuracy methods

How to Improve the Accuracy of Your Forecasts


Increased competition, lower margins, and more customer demands mean that distributors have to provide better product availability and more services with fewer profit dollars. To accomplish this, estimates of future use of stocked items must be as accurate as possible. Discover how analyzing weighted averages, trend factors, and other formulas can help you accurately anticipate—and manage—future demand for your products.

scm forecasting accuracy methods  Plan Cuts Costs | SCM Forecasting Software | SCM Predict Customer Demand | SCM Calculating Demand Forecast | SCM Realized Demand Quantity | SCM Demand Forecasting Activity | SCM Demand Forecasting Methods | SCM Demand Forecasting Models | SCM Toolkit Demand Forecasting | SCM Methods to Forecast Demand | SCM Planning Forecasting | SCM Demand Forecasting Data | SCM Demand Forecast Accuracy | SCM Demand Forecasting Data Cleansing | SCM Demand Forecast Prediction | SCM Determine Demand Forecast | SCM Read More

The Art, Science & Software Behind (Optimal) Retail Pricing - Part 4


Part 1 of this blog post series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series, which focuses on the complexity of pricing and promotions in retailing, was inspired by JDA Software’s recent “edu-nouncement” on leading retailers consumer-centric pricing and promotions strategies and by Revionics’ recent (and

scm forecasting accuracy methods  good supply chain management (SCM) players . DemandTec and other niche pricing players cannot really offer this big picture of demand propagated across the entire supply and demand chain, and it is a message that has been resonating with both prospective customers and analysts. Other Pricing Vendors’ Voices Given JDA’s noise of late, I’ve offered other pricing vendors a fair chance to (dis)agree with JDA’s assertions, and perhaps add more to the discussion about the next-generation pricing Read More

FRx Poised to Permeate Many More General Ledgers Part Three: Market Impact continued


While there is an opportunity for FRx to become a main pillar within the entire Microsoft BI product strategy, there is not yet an overall cohesive BI/CPM strategy or architecture to guide the product plans to an integrated BI solution set.

scm forecasting accuracy methods  ERP, supply chain management (SCM) or customer relationship management (CRM) applications. Once limited to the finance department of large companies, BI/analytics has long expanded across departments and now even addresses the needs of customers, suppliers, and partners outside of the firm, given that if BI can help any department understand and serve customers better, that should in turn lead to better financial results. Companies have become adept at storing huge quantities of data about customers, Read More

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 forecasting accuracy methods  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 Forecast Accuracy | SCM 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.

scm forecasting accuracy methods  (ERP); Supply Chain Management (SCM); Customer Relationship Management (CRM); Supplier Relationship Management (SRM); Business Intelligence (BI); Collaboration and Integration; and Tools and Technology. Although not currently fully Web services enabled, J.D. Edwards 5 provides the enabling technology for Web services, a rapidly emerging, standards-based paradigm that promises to enable businesses to share data, applications and business processes across the Internet. To that end, the product features Read More

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.

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

TEC 2013 Supply Chain Management Buyer’s Guide


This buyer’s guide provides an overview of supply chain management (SCM), including an in-depth look at the major issues affecting the supply chain today, and explains how SCM software can fulfill these needs. The guide also takes a broad look at major next-generation technology trends and how they are affecting SCM solutions. Included in this guide is a special report on the wholesale distribution industry, with an examination of the challenges facing this industry, and the innovation and technology that are driving change.

scm forecasting accuracy methods  today, and explains how SCM software can fulfill these needs. The guide also takes a broad look at major next-generation technology trends and how they are affecting SCM solutions. Included in this guide is a special report on the wholesale distribution industry, with an examination of the challenges facing this industry, and the innovation and technology that are driving change. 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 forecasting accuracy methods  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

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 forecasting accuracy methods  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

Zemeter


Zemeter Demand Planner helps planning, forecasting, sales, and operations arrive at a single set of numbers, so everyone is managing from the same set of data. Zemeter facilitates ease of use and minimizes the effort required to regularly contribute to a demand plan. Zemeter does the up-front work by providing a baseline forecast in views that are meaningful to the various users. The product provides both a reporting and performance engine, with online analytical processing (OLAP) functionality that helps draw the team’s attention to areas costing the company money due to lost sales and unprofitable decisions. Zemeter enhances the timeliness and accuracy of dynamic collaborative demand planning. In addition to Demand Planner, the product modules include Business Analyst, Inventory Planner, Supply Planner, Finite Scheduler, Network Optimizer, Knowledge Repository, and the prepackaged, streamlined Zemeter S&OP product for small to midsized manufacturers. Zemeter modules run on an easy-to-use Microsoft platform, and provide the same intuitive Outlook and Excel interfaces. SCC offices are located in Wilmington, Delaware (US) and Antwepen (Belgium).  

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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 forecasting accuracy methods  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

Infor M3: Supply Chain Management (SCM) Competitor Analysis Report


Criteria in this knowledge base pertain to 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.

scm forecasting accuracy methods  your evaluation of an SCM suite. Read More

SCM in a New Flavor: Real Time and Demand Driven


To meet the needs of a demand driven market, Apptricity is leveraging service oriented architecture to deploy and integrate modules.

scm forecasting accuracy methods  dynamic adaptability for the SCM market. Solutions include Supply Chain Apptricity for SCM, Supplier Apptricity for supplier relationship management (SRM), and Employee Apptricity , to manage workforce assets. The company has several offices in the US, and is headquartered in Irving, Texas (US) and its solutions are being used in several different industries, including energy, financial services, health care, manufacturing, and transportation and logistics. Enterprise Apptricity for Energy automates Read More

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.

scm forecasting accuracy methods  your evaluation of an SCM suite. Read More