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 tests 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.

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Documents related to » tests forecast accuracy

The Art, Science & Software Behind (Optimal) Retail Pricing - Part 5


Part 1 of this series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series, which focuses on the complexity of pricing and promotions in retailing, was inspired by JDA Software’s recent “edu-nouncement” on leading retailers consumer-centric pricing and promotions strategies, and by Revionics’ recent (and still

tests forecast accuracy  and final system verification tests. SaaS software is typically hosted in two data centers, and each of these facilities must include advanced physical security, power redundancy, and disaster mediation safeguards and procedures such as  biometric  access control, onsite power generation, and earthquake hardening. In addition, these vendors have implemented a comprehensive  information security  management program. As part of this program, security processes and procedures include: Logical access Read More

Smooth Transition: Preparing for IFRS


International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now required or permitted in nearly 100 countries, while others plan to adopt or align with IFRS soon. In the US, Generally Accepted Accounting Principles (GAAP) will soon be aligned with IFRS. Find out how this will affect your company, and what you can do about it.

tests forecast accuracy  requirements. IT reviews and tests all changes to data, application setups, internal controls, and related workflow and reporting process templates. IT can also update an outdated chart of accounts design and consolidate disparate global ledgers into an IFRS-friendly format. At the appropriate point in the final phases of the project, a cutover will be required from the local GL to an IFRS GL. Prior to cutover, the IT team maps documented changes, and links data entry sources to the IFRS GL without the Read More

Web-based Solution Steps Out for Cohesive Retailer Sourcing


TradeStone recently announced the commercial availability of its Unified Buying Engine, a technology platform that should enable user companies to streamline all purchasing into a single view and business process.

tests forecast accuracy  all products (from quality tests to packaging to shipments), and the status on any inventory liability. Sarbanes-Oxley (SOX) Section 401 compliance is supported via a codified agreement information with electronic date stamps, critical path management for any change in status to an order, and if-then-else planning capabilities. The containerization and multi-routing capabilities provide ocean versus air what-if scenarios and split orders (whereby users can change allocated quantity, mode qualifier, 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.

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Winning Users' Hearts & Minds via Usability: A Retail Example


My recent blog series entitled “Integrated Workforce Management (WFM) Platforms: Fact or Fiction?” established that WFM systems have evolved from point solutions (i.e., time and attendance [T@A], workforce scheduling, absence management, human resources [HR], payroll, etc.) into unified solutions with a common user interface (UI), integrated WFM modules, and centralized

tests forecast accuracy  reviews, and validation live tests (real users doing real tasks with prototypes before building the real solution). Both Kronos and RedPrairie pledge to continue to do these exercises because they learn more from every customer interaction. Easing the Life of Store Managers At  the NRF Big Retail Show 2010 conference , I had a chance to see the demo of Kronos’ next-generation UI for retail store managers, which was made generally available (GA) on July 12, 2010 . Kronos and Projekt202 have Read More

Adobe Releases 2014 Digital Index Online Shopping Predictions


Adobe releases its 2014 Digital Index Online Shopping Forecast for this year’s holiday season, an important guide for senior marketing and e-commerce executives across industries.

tests forecast accuracy  Releases 2014 Digital Index Online Shopping Predictions Adobe recently released its 2014 Digital Index Online Shopping Forecast for this year’s holiday season, its traditional research on digital marketing and other topics of interest to senior marketing and e-commerce executives across industries. The research is based on the analysis of select anonymous and aggregated data from more than 5,000 major companies worldwide that use Adobe Marketing Cloud to obtain actionable data and analysis of Read More

Go Fygir! SCT Defeats Incumbent AspenTech at Texaco, Shell Venture


ERP vendor SCT Corp. recently sold its Fygir Demand Planning product to Equilon, a joint refining venture of Shell Oil and Texaco that had signed Aspen Technology’s largest deal for its PIMS™ planning and scheduling software.

tests forecast accuracy  Fygir! SCT Defeats Incumbent AspenTech at Texaco, Shell Venture Go Fygir! SCT Defeats Incumbent AspenTech at Texaco, Shell Venture S. McVey - April 28th, 2000 Event Summary SCT Corporation announced recently a sale of its Fygir Demand Planning application to Equilon Enterprises LLC, a joint refining venture of Texaco and Shell Oil. Equilon will use the software initially to forecast its gasoline products and it expects that diesel products will follow shortly after. Future deployment may extend to Read More

Achieve a Complete Business Picture with a BI Dashboard


With the right business intelligence (BI) solution, any enterprise can improve performance, decrease time to market, analyze and forecast data, and achieve competitive advantage. However, it is important to consider whether your BI provides timely, clear data and integrates data from every possible source within the organization. The enterprise must carefully consider its specific requirements and choose a solution that provides the right information to the right user at the right time. Download this report to learn more.

tests forecast accuracy  a Complete Business Picture with a BI Dashboard With the right business intelligence (BI) solution, any enterprise can improve performance, decrease time to market, analyze and forecast data, and achieve competitive advantage. However, it is important to consider whether your BI provides timely, clear data and integrates data from every possible source within the organization. The enterprise must carefully consider its specific requirements and choose a solution that provides the right information Read More

SAP Tackles Real-time Demand Sensing


SAP has announced the general availability of the SAP Enterprise Demand Sensing application, with new capabilities to improve companies’ demand management and business planning processes. The idea is to transform supply chains to become demand-driven or even market-driven, whereby supply chain professionals and their marketing counterparts can work more closely together. Capabilities within the

tests forecast accuracy  Tackles Real-time Demand Sensing SAP has announced the  general availability of the SAP Enterprise Demand Sensing application , with new capabilities to improve companies’ demand management and business planning processes. The idea is to transform supply chains to become demand-driven or even market-driven, whereby supply chain professionals and their marketing counterparts can work more closely together. Capabilities within the SAP Enterprise Demand Sensing application improve the quality of demand Read More

Collaborative Demand Planning


In theory, demand planning is the foundation for profitable operations. But in practice, it is often a difficult endeavor. Accuracy can fluctuate wildly, and companies tend to react to inaccuracies with new investments in technology, processes, and people. However, new investments do not guarantee better forecasts. There are often fundamental issues that need to be addressed before achieving positive results.

tests forecast accuracy   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

tests forecast accuracy  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 higher service levels with much less inventory for Read More

A Guide to Software Test Tools


Testing a system well is harder than building it. In the face of new risks introduced by the ever-increasing complexity of software and hardware, test tools may be your only practical way to be confident that you've got just what you paid for. From gathering the initial requirements to supporting the system after it has been deployed, test tools are available to support all phases of a project. This article looks at the ways that test tools can be used to design, code, and (of course) test a system.

tests forecast accuracy  test, allowing those known tests to be executed quickly, accurately, and repeated as desired. Although clearly powerful, test automation tools have historically had a mixed reputation amongst practitioners—but have become more favoured as their technology, and their usage, has become more sophisticated. However, the market supports a wide range of tools that may give you greater bang for your buck, some integrated with test automation, and some offering an entirely different way to address the quality o Read More

Managing Your Supply Chain Using Microsoft Axapta: A Book ExcerptPart One: Sales and Operations Planning


Managing Your Supply Chain Using Microsoft Axapta provides an overall understanding of how the system fits together to run a manufacturing or distribution business. This book excerpt focuses on running the business from the top with sales and operations planning (S&OP). Variation in operations affect the S&OP process and the nature of demand impacts the S&OP game plans.

tests forecast accuracy  Your Supply Chain Using Microsoft Axapta: A Book ExcerptPart One: Sales and Operations Planning Managing Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part One: Sales and Operations Planning Featured Author - Dr. Scott Hamilton - March 23, 2004 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 Read More

KANA Software and Ciboodle Join Forces for Customer Experience Perfection


The multi-channel customer experience management software market represents an attractive US$5 billion-plus market opportunity, which IDC recently forecast to grow at between 5 to 12 percent through 2015 (a 6 percent compound annual growth rate [CAGR]) within the larger overall customer relationship management (CRM) space. To that end, in July 2012, KANA Software, a longstanding customer service

tests forecast accuracy  Software and Ciboodle Join Forces for Customer Experience Perfection The multi-channel customer experience management software market represents an attractive US$5 billion-plus market opportunity, which IDC recently forecast to grow at between 5 to 12 percent through 2015 (a 6 percent compound annual growth rate [CAGR]) within the larger overall customer relationship management (CRM) space. To that end, in July 2012, KANA Software , a longstanding customer service software provider, which has lately be Read More