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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.

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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

Demand Planning: Optimizing Operations across the Supply Chain


Demand planning applications can help manufacturers establish baseline sales forecasts and perform analysis to improve resource usage. They can also help manufacturers optimize pricing capabilities and better understand their markets. Yet to get the most out of these tools, manufacturers must be willing to reorganize their planning processes—and to share the resulting insights with supply chain partners and customers.

scm forecasting accuracy methods  scm demand planning | scm software | software stock control | software supply chain | strategic planning software | supply chain | supply chain analysis | supply chain analyst | supply chain and logistics | supply chain automotive | supply chain collaboration | supply chain definition | supply chain design | supply chain diagram | supply chain efficiency | supply chain erp | supply chain execution | supply chain flow chart | supply chain forecasting | supply chain integration | supply chain inventory 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

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

Retail SCM Software Trends and 2015 Predictions—Part Two


In this second post of his 2015 retail supply chain trends and predictions series, P.J. Jakovljevic examines the changing role of the retail store, what role inventory optimization plays in omnichannel, and transportation policy optimization.

scm forecasting accuracy methods  SCM Software Trends and 2015 Predictions—Part Two In part one of this blog series on trends and predictions for the supply chain management (SCM) arena during 2015, I looked at what’s happening and bound to happen in the retail SCM realm with regards to some of today’s big “buzz word” topics—omni-channel, mobility, integrated planning, the Internet of Things (IoT), and big data. In this second part, I’ll examine the changing role of the retail store, what role inventory optimization Read More

Macola ERP Supply Chain Management (SCM): 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

The Case for Spreadsheet Automation: A High ROI Alternative to Traditional Budgeting, Forecasting, and Management Reporting


How can a budget administrator, burdened with the task of gathering data from hundreds of spreadsheets from all over the organization, manage this monumental undertaking? Additionally, how to avoid using a costly packaged budget application that doesn’t take the organization’s business rules into consideration? The solution: a spreadsheet automation tool that easily adapts to the organization’s unique corporate processes.

scm forecasting accuracy methods   Read More

Supply Chain Management (SCM) Software Evaluation Report


Criteria in this Software Evaluation Report 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 Software Evaluation Report will support your evaluation of an SCM suite.

scm forecasting accuracy methods  Chain Management (SCM) Software Evaluation Report TEC''s Supply Chain Management (SCM) Software Evaluation Report allows you to compare and analyze the features, functions, and services of multiple enterprise software solutions. Vendor responses are comprehensively rated on their level of support of for each criterion (supported, not supported, customization, future releases, etc.) to ensure you make and accurate and informed decision. This Software Evaluation Report provides extensive information 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

TechRadar: Customer Analytics Methods, Q1 2014


Customer insights professionals are faced with tough decisions about which combination of methods will have the biggest impact on marketing and customer experience goals. And new techniques continue to emerge as the complexity of customer data increases. Forrester has identified 15 key customer analytics methods that customer insights professionals must master.

scm forecasting accuracy methods  customer, customer analytics, marketing, customer data, business analytics, customer relationship, customer experience, Forrester, customer insights Read More

RedPrairie and JDA Software Merger, Part Three: What Does it Mean for Manhattan Associates and Other SCM Players?


On November 1, 2012, RedPrairie Corporation and JDA Software announced their merger. Under the terms of the agreement, the entities affiliated with RedPrairie will effect a cash tender offer to acquire all outstanding shares of JDA common stock for $45 per share. My initial positive and negative thoughts on the merger were outlined in Part One of this blog series, while Part Two discussed how the

scm forecasting accuracy methods  Manhattan Associates and Other SCM Players? On November 1, 2012, RedPrairie   Corporation and JDA Software announced their merger. Under the terms of the agreement, the entities affiliated with RedPrairie will effect a cash tender offer to acquire all outstanding shares of JDA common stock for $45 per share. My initial positive and negative thoughts on the merger were outlined in Part One of this blog series, while Part Two discussed how the merger might work and some points to consider when evaluating Read More

'Collaborative Commerce': ERP, CRM, e-Proc, and SCM Unite! A Series Study: SAP AG


SAP AG has seemingly crossed a strategy chasm, from a strict, stodgy, Not-Invented-Here (NIH) approach to software development and delivery, to a seemingly quite open approach of broad development alliances, company acquisitions, Internet portals development, and a deep, new relationship with IBM for both technology sharing as well as bolstering IBM Consulting’s support for SAP’s new multiple mySAP.com™ initiatives. 'Collaborative' and 'SAP' were not two words you might have ever seen in the same article. You’re seeing it now.

scm forecasting accuracy methods  ERP, CRM, e-Proc, and SCM Unite! A Series Study: SAP AG ''Collaborative Commerce'': ERP, CRM, e-Proc, and SCM Unite! A Series Study: SAP AG R. Garland - September 22, 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 catchphrase is 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

Terra Technology


Terra Technology's real time forecasting (RTF) solutions use pattern recognition mathematics to monitor daily demand signals. RTF is compatible with demand planning solutions from major enterprise resource planning (ERP) and supply chain vendors, including Manugistics, SAP, and i2 Technologies. The company's real time inventory (RTI) offering is a multi-echelon inventory optimization solution which includes the following capabilities: daily inventory target updates; full integration with conventional planning systems; inventory calculation using actual demand (not average demand); measurement of actual error over actual lead time; calculation of in-season and out-of-season lead-time difference for high volume stock-keeping units (SKUs); automatic adjustment for shutdowns; and rich modeling of time-phased equipment constraints across multiple SKUs.

scm forecasting accuracy methods  Technology Terra Technology''s real time forecasting (RTF) solutions use pattern recognition mathematics to monitor daily demand signals. RTF is compatible with demand planning solutions from major enterprise resource planning (ERP) and supply chain vendors, including Manugistics, SAP, and i2 Technologies. The company''s real time inventory (RTI) offering is a multi-echelon inventory optimization solution which includes the following capabilities: daily inventory target updates; full integration with Read More