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Documents related to » statistics forecasting


ToolsGroup-Statistics-based Supply Chain Planning
ToolsGroup continues to carve out a space for itself in supply chain. Not satisfied with being the last remaining independent multi-echelon inventory

statistics forecasting  centered around a core statistics-focused demand forecasting capability. While many will argue the virtues of “top down” vs. “middle out” vs. “bottom up” forecasting (or a mix of these approaches), ToolsGroup has maintained a focus on bottom-up forecasting, particularly suited for fast, slow, erratic, and intermittent demand. (For a complete run-down on ToolsGroup, you cannot do much better than P.J. Jakovljevic’s piece from 2012, “ ToolsGroup—Going Back to Its SCP Roots .”) Read More
Talent Management: The New Business Imperative
Studies and statistics suggest that, because of demographic trends, companies will soon face a shortage of talent. In response, many companies have begun

statistics forecasting  U.S. Bureau of Labor Statistics (BLS) forecasts the civilian labor force (supply) will grow to 162.1 million and the jobs available (demand) will grow to 164.5 million by 2014. Although the BLS does not officially forecast labor shortages or surpluses, together the two curves illustrate the gap between demand and supply. The gap may be smaller than it appears. About once a year there''s an article in the BLS Monthly Labor Review pointing out that forecasts do not take into account workers with more than Read More
The Truth about Data Mining
It is now imperative that businesses be prudent. With rising volumes of data, traditional analytical techniques may not be able to discover valuable data

statistics forecasting  and BI environments. Comparing statistics and data mining, on the other hand, is not as straightforward. A principal reason is that they belong to two separate branches of study—mathematics and computer science. While data mining involves exploring large amounts of data (gigabytes or terabytes) to discover otherwise hidden or unknown patterns in the data, statistics is concerned with confirming a hypothesis by establishing a model and providing evidence to either support the underlying theory or 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,

statistics forecasting  | Simple Forecasting | Statistics Forecasting | Supply Forecasting | Trend Forecasting | Weather Forecasting | 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 Read More
Roadmap Millennium
Roadmap Millennium is Roadmap''s flagship analytic software. Roadmap Millennium version 3.0 includes technology required to improve business planning, such as

statistics forecasting  as OLAP, financial modeling, statistics, forecasting, and scenario planning. Roadmap Millennium is a scalable system that enables groups of 2 to 100 users to collaborate securely on business scenarios using laptops, intranets, and the Internet. Read More
Configuration Intelligence Initiative
Today’s configuration management tools focus on collecting and reporting statistics, logs, and failures, but fail to address the need for analyzing this data to

statistics forecasting  on collecting and reporting statistics, logs, and failures, but fail to address the need for analyzing this data to determine best practices for improving efficiencies. That’s why Configuresoft has developed software that enables you to link core systems configuration and change management disciplines into actionable analytics. Find out how it can work for you. Read More
Demand Commander
Demand Commander is a demand forecasting and planning solution designed for sales representatives, managers, planners, and c-level management. It can be used

statistics forecasting  Commander Demand Commander is a demand forecasting and planning solution designed for sales representatives, managers, planners, and c-level management. It can be used to manage customers; derive and execute sales plans; plan production, purchase, and deploy products; and present key business metrics. Demand Commander''s functions include demand factor learning; model creation and competition; and consensus building. Read More
Driver-Based Planning for Budgets and Forecasting
Line managers and finance staffs are frustrated by the inadequacies of spread-sheet based planning systems for delivering useful budgets and rolling forecasts

statistics forecasting  Based Planning for Budgets and Forecasting Line managers and finance staffs are frustrated by the inadequacies of spread-sheet based planning systems for delivering useful budgets and rolling forecasts. A major problem is the disconnect between the operational elements of a business and financial plans. What''s missing is driver-based planning, a best practice methodology where financial plans incorporate assumptions about business activities which are modeled to drive financial data such as revenue Read More
Demand Management Software Evaluation Report
If your business primarily needs forecasting, marketing, merchandising, simulating, and planning support, you will find vendors in the demand management

statistics forecasting   Read More
ERP Risk Mitigation
Implementing standard enterprise resource planning (ERP) products and other enterprise applications is risky. Industry statistics show that more than 60 percent

statistics forecasting  applications is risky. Industry statistics show that more than 60 percent of implementations fail. A common reason for failure is that the purchased software does not support one or more critical business processes. However, a change-on-demand system ensures that incomplete or changing business requirements are met through adjustments in the application model. Read More
How to Start and Finish a No-fail Project, Part 2: Improving Team Communication
Statistics show that nearly one-fifth of IT projects make it to the finish line@so project planners need to be aware of the primary factors that can ruin a

statistics forecasting  2: Improving Team Communication Statistics show that nearly one-fifth of IT projects make it to the finish line—so project planners need to be aware of the primary factors that can ruin a project, and how to prevent them from happening. One of the biggest obstacles is poor team communication, even when you have the best talent and a good work environment. Learn about the top three techniques that can help you get your people working together as a team. 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

statistics forecasting  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
Demand Management RFI/RFP Template
Promotion Planning, Pricing and Profit Optimization, Forecasting, Merchandise Planning, Life Cycle Planning, Consensus Planning,Collaborative Planning, Sales

statistics forecasting  Management RFI/RFP Template The Demand Management RFI/RFP Template lists and describes 535 features and functions found in Demand Management software solutions. This Demand Management Template can help you save time, control costs, and communicate clearly with vendors at nearly every stage of your Demand Management software selection projects. Features and functions included in this Demand Management Template: Promotion Planning Pricing and Profit Optimization Forecasting Merchandise Planning Life Cy Read More
Beyond Budgeting Round Table North America
The Beyond Budgeting Round Table (BBRT) is a network of organizations focusing on planning, forecasting, and control.

statistics forecasting   Read More
ChainLink Research Releases New Demand Management Report
Have you thought about the fact that the math you are using for your forecasting process was developed in the 19th century? ChainLink did.

statistics forecasting  Research Releases New Demand Management Report ChainLink Research Releases New Demand Management Report ChainLink Research reports on key changes in demand management, and works with TEC to expand Demand Management Evaluation Center Montreal, QC July 17, 2006 -- Have you thought about the fact that the math you are using for your forecasting process was developed in the 19th century? ChainLink did. Lots of data showing the reduction in forecast accuracy in certain industries, as well as the Read More
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