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Software Functionality Revealed in Detail
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 scm modeling forecast accuracy

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 modeling forecast accuracy

SAP SCM-Stepping Out of Obscurity


Major new SAP products are being released in the realms of supply chain management (SCM), manufacturing execution systems (MES), and product lifecycle management (PLM). TEC principal analyst P.J. Jakovljevic examines the solutions that SAP is offering for supply chain executives to expand beyond the traditional boundaries of SCM, PLM, and enterprise resource planning (ERP).

scm modeling forecast accuracy  The second set of SCM processes aims to enable effective logistics and fulfillment processes across the entire supply network. To that end, the Customer Commitment module provides order management based on available and projected inventory and an end-to-end “order-to-cash” process support. The goal is greater accuracy in customer orders and deliveries, to help exceed target service levels, drive volume, and reduce the cost-to-serve. The transportation management system (TMS) and warehouse management Read More

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 modeling forecast accuracy  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

APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 2


Part 1 of this blog post series talked about my attendance at the APICS 2009 International Conference in Toronto (Canada) in early October. I attended only a few education sessions, as my visit focused more on exploring the expo floor and talking to the exhibitors. My overwhelming impression from the conference's expo floor was that the main value propositions this year

scm modeling forecast accuracy  ''s VP and principal SCM analyst , who gave a keynote address at the APICS 2009 conference (mentioned in Part 1 ), also recently co-authored the  S&OP AXIS Report  (subscription required) . Aberdeen’s S&OP AXIS report praises i2 Technologies, Oracle, and Demand Solutions as the vendors that are leading this software category. In summary, i2 is the leader because of its long history in implementing S&OP-enabling tools like demand planning and SCP. The same holds true for Oracle subsequent to its Read More

A Modern Tale of Long (Supply Chain) Tails -- Part II


Part I of this blog series introduced the notion of long tails in modern supply chains. That blog post also introduced the vendor ToolsGroup and its solution for planning and optimizing finished goods in distribution environments. So, How Does ToolsGroup Solve the Distribution Puzzle? Most of the benefits are driven here by the distinctive Stock Mix Optimization capability that has delivered

scm modeling forecast accuracy  within the ERP or SCM systems to create dynamic inventory set points; and Replenishment Supervision - a watchdog process to avoid unnecessary manual intervention (nervousness or knee-jerk reactions) by planners. Supply chain or distribution managers control and supervise the replenishment process driven by the planners. The DPM Replenishment Controller module “talks” to the ERP system’s Production Planning module and identifies short and long term gaps between the actual figures and the optimal 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 modeling forecast accuracy  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

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 modeling forecast accuracy  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

New Dimensions in EC and SCM Part 1: The Benefits of E-Procurement


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

scm modeling forecast accuracy  Dimensions in EC and SCM Part 1: The Benefits of E-Procurement Executive Summary Every business is a purchaser as well as a supplier, with many routinely processing hundreds of buying activities daily. Typically, purchases represent 50 to 90% of a company''s cost structure -- making procurement strategy and execution a critical lever for effective supply chain operations and superior business profitability. Electronic commerce offers exciting new possibilities for businesses to improve their performance Read More

PeopleSoft Gathers Manufacturing and SCM Wherewithal Part Two: Market Impact


The PeopleSoft-J.D. Edwards merger was, in great part, about retaining the big five (or big four, or big three) seat and the need to be bigger within shrinking market opportunities. The combined vendors should now a have solid foothold against SAP and Oracle, particularly because one better-performing side could, if necessary, cover up for the underachieving one.

scm modeling forecast accuracy  Gathers Manufacturing and SCM Wherewithal Part Two: Market Impact Market Impact This article analyzes whether the array of recent PeopleSoft , Inc. (NASDAQ: PSFT), moves will finally and lastingly establish it as a serious contender in the manufacturing enterprise resource planning (ERP) and supply chain management (SCM) space. These moves are discussed in detail in Part One of this note. In a nutshell, we have been looking positively at PeopleSoft''s mega acquisition of J.D. Edwards since its Read More

TEC 2013 Supply Chain Management (SCM) Market Survey Report


This report gives an overview of current considerations for organizations seeking to purchase a supply chain management (SCM) software solution. Based on aggregate data collected from more than 1,400 SCM software comparisons performed using Technology Evaluation Centers’ (TEC’s) TEC Advisor software selection application during 2012, the report details what TEC data reveals about your peers' requirements for SCM solutions, including functionalities, delivery models and access, customization and integration, server and database platforms, and budgeting.

scm modeling forecast accuracy  from more than 1,400 SCM software comparisons performed using Technology Evaluation Centers’ (TEC’s) TEC Advisor software selection application during 2012, the report details what TEC data reveals about your peers'' requirements for SCM solutions, including functionalities, delivery models and access, customization and integration, server and database platforms, and budgeting. Read More

SCM Buyer’s Guide 2012: Adapting to Challenging Times and Circumstances


TEC is coming up with four new buyer’s guides for 2012, and one slot is reserved for supply chain management (SCM) solutions. My main reason for pushing for this was that the global business landscape has been battered significantly by a slew of economic, political, social and environmental events over the past five years. This has resulted in significant losses for businesses around the world.

scm modeling forecast accuracy  changing circumstances. TEC’s 2012 SCM Buyer’s Guide will discuss the issues that will continue to challenge supply chains, specifically in regard to managing complexity, achieving insight into the chain, and managing collaboration within the chain. Here is a short synopsis of items I’ll be covering in the guide. Managing Supply Chain Complexity Businesses have been increasingly decentralizing their activities (e.g., outsourcing, or creating subsidiaries) in an effort to focus on their core Read More

Production Modeling Corporation


PMC offers products and services in the areas of supply chain management, advanced planning and scheduling, and related manufacturing solutions. Based in Michigan (US), PMC is a solution provider for simulation, finite capacity planning and scheduling, and supply chain software applications. Working with Global 1000 customers since 1979 on over 2,000 , PMC provides solutions in such areas as simulation and optimization, layout and material flow analysis, software design and development, and product engineering.

scm modeling forecast accuracy  Modeling Corporation PMC offers products and services in the areas of supply chain management, advanced planning and scheduling, and related manufacturing solutions. Based in Michigan (US), PMC is a solution provider for simulation, finite capacity planning and scheduling, and supply chain software applications. Working with Global 1000 customers since 1979 on over 2,000 , PMC provides solutions in such areas as simulation and optimization, layout and material flow analysis, software design and 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 modeling forecast accuracy  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

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 modeling forecast accuracy  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