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Software Functionality Revealed in Detail
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 scm prediction 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 prediction accuracy

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 prediction accuracy  Forecasting Data Cleansing | SCM Demand Forecast Prediction | SCM Determine Demand Forecast | SCM Forecasting Needs | SCM Retail Demand Forecasting | SCM Time Series Forecasting | SCM Define Demand Forecasting | SCM Demand Forecasting Excel | SCM Demand Planning | SCM Article on Demand Forecasting | SCM Demand Forecasting Activity | SCM Increase Forecast Accuracy | SCM Forecasting and Supply | SCM Forecasting Excel Add-in | SCM Compare Top DM Software | SCM Demand Forecasting Process | SCM Demand Read More

Should interBiz Mean Intelligence And Prediction Beyond ERP? - Part 2: Challenges and Market Impact


InterBiz remains one of the most widely used of the upper-mid-range ERP vendors. It has done much to rejuvenate its acquired enterprise applications arsenal. What remains is disseminating a clear message on which market the combined set of products has been targeting.

scm prediction accuracy  are in need for SCM, e-procurement, workflow, business intelligence and key performance indicators (KPI) reporting capabilities. Existing interBiz customers with installed financial management, logistics, HR, manufacturing, or banking applications should review the above-mentioned enhancements, as well as the BizWork framework with their local representative in order to extend the value of existing applications. interBiz customers with custom systems or products from other vendors should exercise the Read More

Identifying the ROI of a Software Application for SCM Part 1: We Need To Know Now


If you are not experiencing organizational stress in some of the areas where the benefits may occur, then perhaps a decision to invest in supply chain management software should be postponed. If you do have some pain in one or more of these areas, then you can follow the concepts in this article to understand the potential of supply chain management software to fix the cause of the pain and improve your bottom line. This part discusses the challenge of limited time to perform analysis.

scm prediction accuracy  a Software Application for SCM Executive Summary    The competitive environment for every industry grows increasingly intense. Fast, reasonably accurate information about the impact of a software investment decision grows more critical. Many decision-makers look for an exact forecast of return on investment (ROI) from the purchase of a supply chain management application. At least four very real challenges make such perfect information elusive. Commonly, executives meet these challenges with responses Read More

Identifying the ROI of a Software Application for SCM Part 3: Performing the Data Analysis


By using software tools that help you forecast and work together with others inside your organization, and even with your customers, the forecasts may become more accurate. You can make an assumption on how much improvement might be possible. This part discusses the challenge of performing the data analysis.

scm prediction accuracy  a Software Application for SCM Executive Summary    The competitive environment for every industry grows increasingly intense. Fast, reasonably accurate information about the impact of a software investment decision grows more critical. Many decision-makers look for an exact forecast of return on investment (ROI) from the purchase of a supply chain management application. At least four very real challenges make such perfect information elusive. Commonly, executives meet these challenges with responses 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 prediction accuracy  | SCM Estimation | SCM Prediction | SCM Accuracy Method | SCM Business Forecasting | SCM Econometric Forecasting | SCM Economic Forecasting | SCM Forecasting Adjustment | SCM Forecasting Analysis | SCM Forecasting Examples | SCM Forecasting Growth | SCM Forecasting Methodology | SCM Forecasting Methods | SCM Forecasting Modeling | SCM Forecasting Process | SCM Forecasting Software | SCM Forecasting Techniques | SCM Forecasting Tools | SCM Forecasting Variables | SCM Industry Forecasting | SCM Inventory 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 prediction 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

The SCM Perspective: 2009 in Review-and What You Can Do to Weather the Storms of 2010


In spite of the 2009 recession, some SCM vendors were able to create traction in the supply chain space this year. From an industry landscape perspective, three events from 2009 will have a more far-reaching impact than any other in this space, primarily because they’re priming the conditions for still more vendor competition and industry volatility in the year to come.News item: Oracle

scm prediction accuracy  SCM Perspective: 2009 in Review-and What You Can Do to Weather the Storms of 2010 In spite of the 2009 recession, some SCM vendors were able to create traction in the supply chain space this year. From an industry landscape perspective, three events from 2009 will have a more far-reaching impact than any other in this space, primarily because they’re priming the conditions for still more vendor competition and industry volatility in the year to come. News item: Oracle announced its launch of Fusion Read More

Rising Elephant Creates Euphoria: India's Growing Markets Are a Boon for SCM Vendors


The nature of the organized retailing market in India may present challenges for software providers, but the opportunity to tap into and benefit from this market's huge (and growing) potential can yield sizable returns for supply chain management software vendors.

scm prediction accuracy  Are a Boon for SCM Vendors Originally Published - April 13, 2007 In the past two decades, India has earned a reputation worldwide for its strength in information technology (IT), information technology enterprise solutions (ITES), and software-related products and services. Now that the Indian government is liberalizing and opening up the economy, India is becoming a hot spot (business center) for manufacturers in the auto, textiles, medicine, and antibiotics sectors, as well as many others. The Read More

Macola ERP Supply Chain Management (SCM)


The definition of a successful manufacturing enterprise is one that builds the right products, at the right time, for the right price. That’s why so many manufacturing companies today are focused on managing the entire value-added chain, from the supplier to manufacturer, right through to the final customer. Supply chain management (SCM) has one overriding objective: to get more throughput from existing resources. SCM functionality helps companies reduce inventory, increase the transaction speed by exchanging data in real time, and increase sales by implementing customer requirements more efficiently. Through the use of portals, Macola ERP SCM users can collaborate with customers and see a real-time view of activity across the organization. It starts with the ability to accurately forecast customer demands, and continues with effective planning and scheduling of the flow of materials through the enterprise, to assure on-time delivery and maximum discounts from suppliers. The vendor's solutions enable users to track orders from beginning to end, right out to the customer. And users can make changes on the fly. All corporate information is located in one database, saving employees valuable time when looking for information. Drill-down reporting and analysis is at your fingertips, keeping the process running smoothly. Users can manage customer expectations by providing realistic product delivery dates based on actual and planned material availability, current production capacity, and vendor lead times. Exact provides the tools to evaluate options for expediting materials or adding capacity to meet a requested date, or to propose alternate delivery options when it is not possible to meet the customer’s requested date. Out-of-stocks and excess inventory can be avoided through recommended job and purchase order processes. Users can purchase materials “just-in-time” relative to the live production schedule.  

scm prediction accuracy  throughput from existing resources. SCM functionality helps companies reduce inventory, increase the transaction speed by exchanging data in real time, and increase sales by implementing customer requirements more efficiently. Through the use of portals, Macola ERP SCM users can collaborate with customers and see a real-time view of activity across the organization. It starts with the ability to accurately forecast customer demands, and continues with effective planning and scheduling of the flow of Read More

Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS


Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in-house ERP system in the early 1990s. However, homegrown software can be unwieldy to maintain and difficult to upgrade. In 2001, Fraenkel saw a solution that offered more advanced capabilities, and implemented VAI’s S2K Enterprise Edition for Manufacturing.

scm prediction accuracy   Read More

IBM & ILOG Matrimony: Good for BPM, Uncertain for SCM? -- Part 3


Part 2 of this blog topic continued to analyze IBM’s rationale behind acquiring ILOG to bolster its service oriented architecture (SOA) and business process management (BPM) platforms, in part due to the capabilities of archrival Oracle. What About ILOG's SCM Products? Whether as a sort of “collateral damage” (given IBM’s foremost interest in beefing up its SOA/BPM infrastructure product) or

scm prediction accuracy  . What About ILOG''s SCM Products? Whether as a sort of “collateral damage” (given IBM’s foremost interest in beefing up its SOA/BPM infrastructure product) or maybe not, the acquisition also leaves IBM with the supply chain management (SCM) applications business that ILOG has recently been developing in pursuit of a more profitable custom solution strategy. This strategy was going to complement ILOG’s tried-and-true technology & platform strategy of providing business rules management system Read More

Retail SCM Software Trends and 2015 Predictions—Part One


TEC's P.J. Jakovljevic takes a look at the trends that will shape the retail supply chain in 2015 in this two-part series based on discussions with JDA Software, Manhattan Associates, E2open, Logility, and other notable SCM software players over the past few months.

scm prediction accuracy  SCM Software Trends and 2015 Predictions—Part One As it neared its end, 2014 has proven to be an interesting year for the retail (and general) supply chain management (SCM) software market, and 2015 should not be any less exciting. Things are starting out with the traditional National Retail Federation (NRF) BIG Show 2015 , just around the corner, January 11 to 14 in New York City.   I have had many conversations with resident experts at JDA Software, Manhattan Associates, E2open, Logility , and Read More

Reference Guide to Supply Chain Management (SCM) Features and Functions


This guide to supply chain management (SCM) functions/features will help you determine which SCM features are a high priority for your organization. Learn about SCM functions and features for WMS, TMS, international trade logistics (ITL), supplier relationship management (SRM), demand management, supply chain analytics, order management, service parts planning, and more.

scm prediction accuracy  of the role of SCM software in supply chain activities:   What Is SCM Software? SCM software manages product flows from supplier, to manufacturer, to customer. In brief, it manages supply and demand for an organization. According to APICS , SCM software refers to the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring 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 prediction accuracy  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

Managing Lean Manufacturing Using Microsoft Dynamics AX 2009


A supply chain management system (SCM) is a critical success factor for implementing lean manufacturing. The SCM system helps define product structure, costing information, financial information and reports and is a useful tool in the decision-making process.

scm prediction accuracy  of lean manufacturing. The SCM system supports development and consensus for the demand plan, integrates engineering and sourcing information, manages changes associated with continuous improvement, and ensures supply-demand synchronization with demand pull techniques. The SCM system also defines product structure and costing information, provides the basis for financial information and reports, and provides a single source of the truth for decision making. Many have argued that traditional SCM/ERP Read More