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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. 

Evaluate Now

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

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 modeling forecast accuracy  Assessing Forecast Accuracy | SCM Modeling Forecast Accuracy | SCM Uncertain Forecast Accuracy | SCM Forecast Accuracy Results | SCM about Forecast Accuracy | SCM Revenue Forecast Accuracy | SCM Planning Forecast Accuracy | SCM Track Forecast Accuracy | SCM Record Forecast Accuracy | SCM Forecast Accuracy Data | SCM Early Forecasting Accuracy | SCM Search Forecast Accuracy | SCM Forecasting Accuracy Assessment | SCM Forecast Accuracy Statistics | SCM Forecasting Accuracy Assortments | SCM Documents 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

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

Current Trends in Supply Chain Analytics Systems


Supply chain analytics is gaining popularity with organizations, as it is an effective mechanism to monitor and track supply chain performance. And with new technological innovations promising to enhance these tools, businesses can look forward to benefiting more fully from this area of supply chain management.

scm modeling forecast accuracy  president of supply chain. SCM costs, in turn, may be broken down further into lower-level KPIs, which might be the responsibility of lower-level managers. Thus, the operations strategy is modeled to align with the top-level corporate strategy. 2. Dashboards and scorecards Organizations are looking forward to visually intuitive dashboards that display the current status of KPIs vis-a-vis their targets. Color codes are an added advantage in that they denote the status of various KPIs. Organizations 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 modeling forecast accuracy  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

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

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


PeopleSoft has risen from its relatively humble origins in the Human Resource Management Systems (HRMS) arena, its sole focus as it begun life in 1987. Over the course of a decade or so, it added Supply Chain Management and Financials to its list of application offerings. In the last few years, in the face of slowing cash flows from its traditional strongholds, it has gone full bore toward Internet-based enterprise-wide - even cross-enterprise - solutions, trying to enter the game and be competitive with other top tier ERP-turned Collaborative Commerce vendors. Showing fiscal growth and, very-recently, notably-improved market acceptance, Peoplesoft may be the enterprise software turnaround story of the last decade.

scm modeling forecast accuracy  ERP, CRM, e-Proc, and SCM Unite! A Series Study: PeopleSoft ''Collaborative Commerce : ERP, CRM, e-Proc, and SCM Unite! A Series Study: PeopleSoft R. Garland - November 26, 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, have come into their own. Now in 2001, the catchphrase is Collaborative Read More

Electrical Efficiency Modeling for Data Centers


Conventional models for estimating the electrical efficiency of data centers are grossly inaccurate for real-world installations. Electrical loss estimates are typically made by summing inefficiencies of electrical devices, such as power and cooling equipment. Discover a more accurate efficiency model that can help you identify and quantify waste in power and cooling equipment, and reduce total cost of ownership (TCO).

scm modeling forecast accuracy  Efficiency Modeling for Data Centers Conventional models for estimating the electrical efficiency of data centers are grossly inaccurate for real-world installations. Electrical loss estimates are typically made by summing inefficiencies of electrical devices, such as power and cooling equipment. Discover a more accurate efficiency model that can help you identify and quantify waste in power and cooling equipment, and reduce total cost of ownership (TCO). 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 modeling forecast accuracy  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

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 modeling forecast accuracy  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

Pronto Xi Dimensions: 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 modeling forecast accuracy  your evaluation of an SCM suite. Read More

Key SCM Features to Look For (And Major Players to Look Out For)


Many CFOs, CTOs, supply chain managers, and logistics managers struggle to decide which supply chain management (SCM) software is best-suited to their organizational needs. It doesn’t help that there is an abundance (literally hundreds) of SCM solutions available on the market. Today, I’ll help you understand key SCM modules, and look at some key players with well established SCM solutions

scm modeling forecast accuracy  SCM Features to Look For (And Major Players to Look Out For) Many CFOs, CTOs, supply chain managers, and logistics managers struggle to decide which supply chain management (SCM) software is best-suited to their organizational needs. It doesn’t help that there is an abundance (literally hundreds) of SCM solutions available on the market. Today, I’ll help you understand key SCM modules, and look at some key players with well established SCM solutions. Key SCM Features The core purpose of any SCM Read More

A "Tell All" Chat with SAP's SCM Product Marketing Team


My recent article SAP SCM – Stepping Out of (Relative) Obscurity analyzed SAP’s revamped comprehensive supply chain management (SCM) suite, its major components, and its supply chain process bundles. In addition to receiving a number of public comments and ratings by TEC’s readers, I was recently roasted privately during a lunch meeting with a couple of peers. Namely, they expressed their

scm modeling forecast accuracy  All Chat with SAP''s SCM Product Marketing Team My recent article SAP SCM – Stepping Out of (Relative) Obscurity  analyzed SAP ’s revamped comprehensive supply chain management (SCM) suite, its major components, and its supply chain process bundles. In addition to receiving a number of public comments and ratings by TEC ’s readers, I was recently roasted privately during a lunch meeting with a couple of peers. Namely, they expressed their surprise at the quite positive tone of the article, and at Read More