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 scm forecasting variables

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 variables

ToolsGroup Embeds Machine Learning Technology in Demand Forecasting


ToolsGroup, a provider of demand analytics and supply chain planning (SCP) software, claims to be the first vendor in its class to embed machine learning into a commercially available demand forecasting product. The new technology has been proven to significantly improve forecast accuracy in major global customer installations.

scm forecasting variables  Embeds Machine Learning Technology in Demand Forecasting ToolsGroup , a provider of demand analytics and supply chain planning (SCP) software, claims to be the first vendor in its class to embed machine learning into a commercially available demand forecasting product. The new technology has been proven to significantly improve forecast accuracy in major global customer installations. ToolsGroup''s embedded machine learning is available as part of the SO99+ version 7.3.1 demand forecasting 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 variables  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

Pricing and Revenue Optimization: A Manufacturing Perspective


Pricing and revenue optimization is the process of improving business margins by either increasing unit prices or increasing gross revenues. This type of optimization is fast being recognized as having the capability to help businesses grow margins significantly. In fact, studies have shown that it can add a 15 to 50 percent incremental margin to the bottom line.

scm forecasting variables  mySAP CRM and mySAP SCM ensures sufficient supply to drive promotions. Campaign optimization supports promotion pricing so that the combined value of additional supply chain cost and gained benefits is optimized. Adaptive pricing engine The adaptive pricing engine supports a price-based demandand- supply matching on a tactical level. Using price-elasticity functions derived from historical customer behavior, product prices are adjusted to keep demand optimally adjusted to given supply. Goods with a 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.

scm forecasting variables  Redux Many users and SCM software providers understood the problem of dealing with increasing demand and supply uncertainty and first tried to to get around it with the following advanced add-on modules: Inventory optimization—Leveraging sophisticated Operations Research models to determine optimal inventory positions and replenishment lot sizes in a supply network. Demand sensing—Looking for additional “visibility” on the network and trying to detect statistical patterns in the demand signal to Read More

How to Plan and Manage in Uncertainty and Volatility? Based on Reality and Facts, Duh! - Part 2


Part 1 of this blog series articulated the acute need to bring supply chain planning and execution together so that enterprises can react quickly in an informed and confident fashion. The Boston Red Sox' September 2011 collapse was used as a poignant example of how even the best long-term planning can be rendered useless if there is no responsiveness during crunch time. In general, if we know

scm forecasting variables  to come. Some Good SCM Product Examples To bring planning and execution closer requires all the capabilities of generating the original plan, but also the ability to monitor reality against the plan and to respond very quickly when a divergence is detected. Needless to say, this is equally true on the supply side. Because the physical supply chain has limited ability to be as responsive as required, resolving issues during execution often requires compromise. To reach compromise across functions and 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 variables  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

Transforming Spreadsheets: Planning, Budgeting and Forecasting for Midsize Companies


This white paper describes how workgroups and midsize companies can transform their spreadsheet-only processes to create flexible and timely plans, budgets, and forecasts. It outlines recommendations for implementing a complete performance management system, using an integrated reporting, analysis, and planning solution purpose-built for workgroups and midsize companies.

scm forecasting variables  Spreadsheets: Planning, Budgeting and Forecasting for Midsize Companies This white paper describes how workgroups and midsize companies can transform their spreadsheet-only processes to create flexible and timely plans, budgets, and forecasts. It outlines recommendations for implementing a complete performance management system, using an integrated reporting, analysis, and planning solution purpose-built for workgroups and midsize companies. Read More

Not all SCM Products Are Created Equal


In this article, we examine capabilities of five top Supply Chain Management software vendors in several key areas of functionality: material procurement planning, manufacturing planning and scheduling, distribution and transportation management, and inventory management and warehousing.

scm forecasting variables  all SCM Products Are Created Equal Overview Amid the hype that pervades vendor marketing campaigns and press announcements, it can be difficult for corporate IT buyers to discern the true capabilities of a given supply chain management suite. In this article, we examine capabilities of five top Supply Chain Management software vendors in several key areas of functionality: material procurement planning, manufacturing planning and scheduling, distribution and transportation management, and inventory Read More

Simple SCM Document Exchange


Abrica.net is a "software-as-service" collaboration solution that enables supply chain partners, of all sizes, to quickly, easily and inexpensively exchange business documents. To send a supply chain document, simply "print" it to the Abrica printer.

scm forecasting variables  SCM Document Exchange Abrica.net is a software-as-service collaboration solution that enables supply chain partners, of all sizes, to quickly, easily and inexpensively exchange business documents. To send a supply chain document, simply print it to the Abrica printer. Read More

Sales and Operations Planning Part One: Identifying and Forecasting Demand


An effective sales and operations planning game plan results in fewer stock-outs, shorter delivery lead-times, higher on-time shipping percentages, a manageable amount of expediting, and improved customer service. Several guidelines are suggested to improve a firm's sales and operations planning process and the effectiveness of each product's game plan. This is an excerpt from the book Managing Your Supply Chain Using Microsoft Navision.

scm forecasting variables  and Operations Planning Part One: Identifying and Forecasting Demand Sales and Operations Planning Part One: Identifying and Forecasting Demand Featured Author - Dr. Scott Hamilton - December 11, 2003 Introduction A firm''s sales and operations planning (S&OP) process starts with the definition of all demands for the firm''s goods and services. It formulates game plans that drive supply chain activities to meet those demands. Hence, an effective S&OP game plan requires consideration of both demands and Read More

FinancialForce Supply Chain Management (SCM)


FinancialForce Supply Chain Management (SCM) offers effective configure, price, and quote (CPQ) functionality; order capture for processing with electronic data interchange (EDI) and e-commerce integration; warehouse and drop-ship fulfillment management on the same sales order; and simplified taxation with Avalara AvaTax integration. Data is in real time and easy to access. FinancialForce SCM supports business-to-business (B2B) and business-to-consumer (B2C). 

scm forecasting variables  Supply Chain Management (SCM) FinancialForce Supply Chain Management (SCM) offers effective configure, price, and quote (CPQ) functionality; order capture for processing with electronic data interchange (EDI) and e-commerce integration; warehouse and drop-ship fulfillment management on the same sales order; and simplified taxation with Avalara AvaTax integration. Data is in real time and easy to access. FinancialForce SCM supports business-to-business (B2B) and business-to-consumer 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.

scm forecasting variables  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

Logility Accelerates SCM to ERP Integration


Logility Inc., a supplier of collaborative supply chain management (SCM) solutions, recently announced a template-based approach to reduce the cost and complexity associated with best-of-breed SCM to enterprise resource planning (ERP) integrations. Companies that turn to ERP providers for their SCM capabilities often find that they lack the depth and breadth of supply chain planning and

scm forecasting variables  Accelerates SCM to ERP Integration Logility Inc. , a supplier of collaborative supply chain management (SCM) solutions, recently announced a  template-based approach to reduce the cost and complexity associated with best-of-breed SCM to enterprise resource planning (ERP) integrations . Companies that turn to ERP providers for their SCM capabilities often find that they lack the depth and breadth of supply chain planning and optimization functionality required to outperform the competition in. Read More

Accelerating the Speed of Intelligence for Fast and Flexible Forecasting: Engaging the Business for Better Results


Forecasting is changing from a top-down process to a bottom-up one. High-level targets may be useful starting points, but they must be combined with input from line management and department heads before being rolled up into enterprise-wide financial goals. Some companies find it effective to “embed” members of the finance function within other business units. Read this white paper to find out more.

scm forecasting variables  the Speed of Intelligence for Fast and Flexible Forecasting: Engaging the Business for Better Results Forecasting is changing from a top-down process to a bottom-up one. High-level targets may be useful starting points, but they must be combined with input from line management and department heads before being rolled up into enterprise-wide financial goals. Some companies find it effective to “embed” members of the finance function within other business units. Read this white paper to find Read More