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Software Functionality Revealed in Detail
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 track forecast accuracy scm

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) RFI/RFP Template

Demand Management,Supply Chain Optimization,Warehouse Management System (WMS),Production and Supply Planning,Service Parts Planning,Transportation Management System (TMS),International Trade Logistics (ITL),Order Management,Supply Chain Event Management,Supplier Relationship Management (SRM),Product Technology  

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Documents related to » track forecast accuracy scm

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.

track forecast accuracy scm  Planning    If you track the accuracy of your forecasts, then you have some idea whether or not your company anticipates marketplace requirements well. However, you must look beyond the aggregate annual revenue projection. To understand the impact of demand planning on operations, it must be examined at a level that can be executed. In other words, are you accurately anticipating the requirements for parts, people and processing at a fairly detailed level? If significant forecast misses regularly 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.

track forecast accuracy scm  procedure in place to track premium shipments that are paid by your company by reason code. Take the premium freight that is caused by bad forecasts to the bottom line. Then, since you made an assumption that forecasts could be 50% more accurate, you will need to perform some sensitivity analysis. Vary the 50% and see what the results tell you. This kind of simulation model can be created with a spreadsheet tool. Data Analysis Challenge Summary    Borrowing the Pareto and Ishikawa tools from TQM Read More

ChemicalsWorld.com Debuts On The Web


ChemicalsWorld.com, a new Internet marketplace offering value-added services for users in the chemicals industry makes its debut.

track forecast accuracy scm  optimize inventory deployment, and track orders and shipments. Part of the difficulty lies in the novelty of performing mission critical activities over the web and the hype surrounding the benefits that can be achieved. Market Impact The scope and ambition of ChemicalsWorld eclipses that of ProcessCity.com, Aspen Technology''s venture for the process industry launched just three months ago. ProcessCity has a wider industry focus than ChemicalsWorld, but does not attempt to offer a business-to-business 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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Optiant Going to a (Much) Better Place: Logility - Part 2


Part 1 of this series analyzed the late-March acquisition of long struggling inventory optimization (IO) provider Optiant by long well-performing supply chain management (SCM) provider Logility. The blog post then discussed Logility’s acquisition history to set the stage for the current offerings that Optiant will join. The 2004 acquisition of Demand Management, Inc. (DMI) and its Demand

track forecast accuracy scm  set up metrics that track the pulse of the business and  alert notifications  that prioritize work. Some examples of user-configured  key performance indicators (KPIs)  are  mean absolute percentage error (MAPE)  and inventory turns, while exception criteria could be if orders exceed forecast or if the inventory level gets below safety stock. Users may have multiple profiles (roles) with relevant KPIs and alerts, such as budget planning, forecast monitoring, S&OP, and so on. Value Chain Read More

Lucrative but "Risky" Aftermarket Business-Service and Replacement Parts SCM


The growing pressure for improving customer responsiveness and profits has lately changed the traditional role of supply chain management (SCM) of spare and replacement parts.

track forecast accuracy scm  supply chain management,SCM,enterprise asset management,EAM,replacement parts,original equipment manufacturers,OEM,maintenance repair and overhaul,MRO,service,aftermarket,inventory management 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.

track forecast accuracy scm  inevitable challenges down the track. True, the PeopleSoft-J.D. Edwards merger was in great part about retaining the big five (or big four, or big three) seat and about the need to be bigger within shrinking market opportunities. It was no big secret that PeopleSoft had long been looking to expand its reach through acquisitions (see PeopleSoft''s Buying Momentum Goes On. Pageant Participants, Line Up Please! ), but many expected a smaller scale acquisition, such as its most recent: JCIT. Following the Read More

New Dimensions in EC and SCM Part 4: Using E-Procurement to Leverage Volume


A straightforward way to drive prices down and obtain increased supplier attention is to leverage total purchasing volume through Internet-based auctions. This part addresses the implications of using e-procurement to Leverage Volume, including leveraging volume through outsourcing.

track forecast accuracy scm  capacity, quality levels, and track record to serve your business, and invite only that select group to participate in the auction event. Do you really want anybody with a Web browser to be able to bid for your business? In addition, without a strong knowledge base of what your company purchases, from whom, at what prices, and for what uses, it is nearly impossible to derive the full value from e-procurement and other upstream supply chain initiatives. Many companies still don''t really know these basic Read More

IBS-Slow but Steady (and Demand-Driven) May Win the SCM Race


IBS, a conservative Swedish enterprise resource planning and supply chain management, seems to be making right moves to remain the leader within its selected segments. However, the road to becoming uniformly globally recognized player will not be smooth.

track forecast accuracy scm  integration,supply chain management,SCM,enterprise resource planning,ERP,IBM,IBM iSeries,IBS Pharma Adaptive Supply Chain,IBS Iberia Group,ASW Read More

Grupo Karim’s Selects NGC’s Fashion PLM and SCM Solution


NGC Software, a provider of product lifecycle management (PLM), supply chain management (SCM), enterprise resource planning (ERP), and shop floor control software and services for brands, retailers, and consumer products companies, has announced that Grupo Karim’s, a diversified global company with core businesses that include private-label apparel manufacturing, has selected NGC’s fashion PLM and

track forecast accuracy scm  work in progress (WIP) tracking, vendor collaboration and management, materials management, quality, logistics. With its combined PLM-SCM offering, NGC is able to provide a single solution that extends from the initial design until the products are available on the retail floor. The offering is hoped to help Grupo Karim’s shorten the total lead time from product concept to delivery at the customer''s door, with the ability to manage compliance and testing requirements under one platform for real-time 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.

track forecast accuracy scm  procurement strategy,new dimensions,procurement,supply chain,purchase order tracking,supplier management software,purchase order software,software purchasing,supply chain consultants,purchase order system,purchase management,supply chain consultant,fulfillment services,logistics consulting,e commerce software 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). 

track forecast accuracy scm   Read More

Infor M3: 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.

track forecast accuracy scm   Read More

Are You on the Right Track to Lean - or Getting Left behind?


Find out in the aberdeen white paper the impact of lean on consumer product manufacturers.

track forecast accuracy scm  You on the Right Track to Lean - or Getting Left behind? While consumer goods manufacturers have been slow to go lean, the industry is finally catching up: 52 percent of consumer goods companies are committed to reducing manufacturing and supply chain costs and 48 percent are setting goals to implement continuous improvement programs . So where does your company stand when it comes to lean? Are you on the right track—or are you getting left behind? Find out in the Aberdeen white paper The Impact of Read More