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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

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

J.D. Edwards Finds Its Inner-Self Within Its 5th Incarnation


By espousing its namesake 5th generation of products that preserves flexibility and provides much more of its own ‘must have’ collaborative applications (i.e. SCM and CRM), J.D. Edwards may start looking forward to the future with its new winning attitude.

track forecast accuracy scm  capabilities to collaborate and track forecast changes; and The flexibility to import and export data from Microsoft Excel spreadsheets directly into or from the Demand Consensus application Based on its Strategic Network Optimization ( SNO ) application, Tactical Network Optimization ( TNO ) provides a simpler interface to this powerful solution, giving mid-sized enterprises the power to plan and optimize the design of their production and distribution networks, and thereby reduce overall operating 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

Why Monitor Your Competitors and Track Keywords?


Does Google keep an eye on Microsoft? Does Microsoft keep an eye on Apple? The answer, of course, is “yes.” Why does it matter what the other guy is up to? Because in business, you’re not operating in a vacuum—the turf is competitive and ever changing. Not only do you need to know what your competitor is doing, but also what it’s using when it comes to online marketing and search engine optimization (SEO). Learn more.

track forecast accuracy scm  Monitor Your Competitors and Track Keywords? Does Google keep an eye on Microsoft? Does Microsoft keep an eye on Apple? The answer, of course, is “yes.” Why does it matter what the other guy is up to? Because in business, you’re not operating in a vacuum—the turf is competitive and ever changing. Not only do you need to know what your competitor is doing, but also what it’s using when it comes to online marketing and search engine optimization (SEO). Learn more. 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.

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Why Manufacturers Need to Finally Get on Track with Business Intelligence (BI)


More manufacturers would implement a business intelligence (BI) solution if they understood the true value BI brings to the organization. In this podcast, TEC analyst Lyndsay Wise sits down with Robert Abate, RCG IT’s principal consultant, to discuss why manufacturers should turn to BI to boost efficiencies and return on investment (ROI), and how to optimize a BI implementation.

track forecast accuracy scm  to Finally Get on Track with Business Intelligence (BI) More manufacturers would implement a business intelligence (BI) solution if they understood the true value BI brings to the organization. In this podcast, TEC analyst Lyndsay Wise sits down with Robert Abate, RCG IT’s principal consultant, to discuss why manufacturers should turn to BI to boost efficiencies and return on investment (ROI), and how to optimize a BI implementation. Read More

How Best-in-class Plan, Budget, and Forecast in Today’s Dynamic World


Prospects for the global economy remain precarious. But effective financial planning, budgeting, and forecasting can enable successful decision making even in periods of unprecedented change. Dynamic financial planning enabled through five key elements—process, organization, knowledge management, technology, and performance management—give business leaders the tools to take action and emerge even stronger. Find out how.

track forecast accuracy scm  Best-in-class Plan, Budget, and Forecast in Today’s Dynamic World Prospects for the global economy remain precarious. But effective financial planning, budgeting, and forecasting can enable successful decision making even in periods of unprecedented change. Dynamic financial planning enabled through five key elements—process, organization, knowledge management, technology, and performance management—give business leaders the tools to take action and emerge even stronger. Find out how. Read More

Not all SCM Products Are Created Equal


In this article, we examine capabilities of five top Supply Chain Management software vendors in several key areas of functionality: material procurement planning, manufacturing planning and scheduling, distribution and transportation management, and inventory management and warehousing.

track forecast accuracy scm  order management, and supplier tracking and rating. Manugistics comes out on top within material procurement planning, though Adexa finishes a close second. Among the remaining vendors, only i2 may be the biggest surprise given its acquisition of Aspect Development and SupplyBase, though one should remember two things: these acquisitions are fairly recent and i2 has yet to demonstrate a competent, fully integrated application   product catalog integration is but one of many functional sub-criteria If it Read More

New Dimensions in EC and SCM Part 3: E-Procurement Can Broaden the Supplier Pool


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,procurement,supplier management software,supplier audits,purchase order system,software purchasing,purchase management,supplier performance,purchase to pay,supplier quality,supplier scorecards,supplier rating system,procurement services,supply chain consulting,utility comparison 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

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'Collaborative Commerce': ERP, CRM, e-Proc, and SCM Unite! A Series Study: Baan and Parent Company, Invensys


Baan is now iBaan, fully focused on the Internet via Portals and web technologies, across CRM, ERP, and SCM spaces.

track forecast accuracy scm  the ability to accept, track, and intelligently route service requests, and iBaan E-Service Remote, as mentioned above. In addition: iBaan Portal - Enterprise portal for corporate information for employees iBaan Business Intelligence - Including Enterprise Reporting from Crystal Decisions and Tactical Reporting from Business Objects. Not to be left out of the mix are the pieces that support the outside world; to help the universe of third-parties work in tandem with Baan (or should I say, iBaan): Read More

Infor SCM Warehouse Management Provia


Infor SCM Warehouse Management is a modern extended-warehouse-management supply chain solution that provides business agility by automating fulfillment and distribution processes. Its core capabilities include inventory management, work and task management, and labor forecasting. The solution also supports capabilities such as slotting yard management voice-directed distribution cross-docking costing multiple inventory ownership value-added services billing and invoicing for third-party logistics (3PL) providers radio frequency identification (RFID) Infor SCM Warehouse Management is based on a modern Java 2 Platform Enterprise Edition (J2EE), zero-footprint, stateless architecture that is wide area network (WAN)-deployable with no client administration. This allows organizations to personalize radio frequency (RF) and terminal server environments to business and user needs, and provides a scalable architecture for centralized and decentralized support. Infor SCM Warehouse Management has been deployed in more than 20 countries, in multiple languages, and is available in an enterprise or business edition.

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Next-generation Fibre Channel Storage Systems: 2007-2011 Market Forecast


At the macro level, the fibre channel storage systems market is mature and slow-growing. However, the market is actually undergoing tremendous architectural and technological transition. This report provides a quantitative market-sizing analysis based on the direction and scope of the overall fibre channel storage systems market, and analyzes next-generation fibre channel storage systems segments and their growth prospects.

track forecast accuracy scm  generation Fibre Channel Storage Systems: 2007-2011 Market Forecast At the macro level, the fibre channel storage systems market is mature and slow-growing. However, the market is actually undergoing tremendous architectural and technological transition. This report provides a quantitative market-sizing analysis based on the direction and scope of the overall fibre channel storage systems market, and analyzes next-generation fibre channel storage systems segments and their growth prospects. Read More