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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

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

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
Demand Planning: Optimizing Operations across the Supply Chain
Demand planning applications can help manufacturers establish baseline sales forecasts and perform analysis to improve resource usage. They can also help

track forecast accuracy scm  distribution plans accordingly. We track our forecast accuracy, so that we can see a forecast wandering out of the norm, says the director of production planning and forecasting at a large packaged foods manufacturer. We want to know exactly the number of weeks we are above or below a certain accuracy level in our forecast. That way, we build up a consistent trend of error. Granted, this food manufacturer has a special business need to minimize the amount of product lost due to expiration at 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

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
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,

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Supply Chain Apptricity: 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,

track forecast accuracy scm   Read More
New Dimensions in EC and SCM Part 2: The Efficiency Gains 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

track forecast accuracy scm  systems appearing that will track the status of incoming materials in real time, across multiple transportation carriers, look for leading companies to use this increased supply chain visibility to enhance their use of e-procurement. Conclusion of Part 2 Streamlining the process does little to address the other major potential sources of value from e-procurement — the ability to stimulate competition, drive better prices and services, and bring these improvements directly to the bottom line. Overall, Read More
Intentia''s Movex for Food and Beverage: Gaining a Foothold in North America Part Two: SCM and Other Functions
The SCM features of Movex should assist you in streamlining your operations to make them more efficient and cost-effective. Movex has meanwhile expanded its

track forecast accuracy scm  CRM module include promotion tracking, pro-active telesales (i.e. outbound order entry), customer business chain support, and support for vendor managed inventory. Movex comes with a limited number of pre-configured models to measure the performance of your business to include built-in key performance indicators (KPIs) for the food and beverage industries. Standard models are available for sales, production, order fulfillment, distribution, maintenance, and warehousing. While not a major factor when Read More
Are You on Track for 21 CFR Part 203 Compliance?
It’s old, it’s new, and it’s the future. Pedigree tracking regulations were originally passed into law through the Prescription Drug Marketing Act of 1987 (PDMA

track forecast accuracy scm  You on Track for 21 CFR Part 203 Compliance? It’s old, it’s new, and it’s the future. Pedigree tracking regulations were originally passed into law through the Prescription Drug Marketing Act of 1987 (PDMA). After two decades of postponing enforcement, the US Food and Drug Administration (FDA) has lifted its final stay. Pharmaceutical companies are expected to be in compliance with 21 CFR Part 203 by the year 2011. Do you have what it takes for compliance? Read More
E2open Buys icon-scm, Makes Waves in Supply Chain Space
E2open and icon-scm have just combined to create a collaborative planning and execution software stalwart, enabling brand owners and their trading partners to

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Simple SCM Document Exchange
Abrica.net is a

track forecast accuracy scm   Read More
''Collaborative Commerce'': ERP, CRM, e-Proc, and SCM Unite! A Series Study: SAP AG
SAP AG has seemingly crossed a strategy chasm, from a strict, stodgy, Not-Invented-Here (NIH) approach to software development and delivery, to a seemingly

track forecast accuracy scm  mysap,sap books,erp software system,sap consultants,sap bi jobs,sap jobs,erp softwares,sap portal jobs,sap job search,entry level sap jobs,erp solutions,sap business one jobs,sap jobs uae,sap crm jobs,what is erp software Read More
Key SCM Features to Look For (And Major Players to Look Out For)
Many CFOs, CTOs, supply chain managers, and logistics managers struggle to decide which supply chain management (SCM) software is best-suited to their

track forecast accuracy scm  manufacture, store, transport, and track supply chain activities in distribution-intensive industries. The main modules in Logility Voyager Supply Chain Planning are Performance Management, Value Chain Collaboration, Demand Chain Planning, Global Sourcing Management, Supply Chain Planning, Transportation, and Logistics Management. Further information at http://vs.technologyevaluation.com/browse/624-23203/Supply-Chain-Management-SCM/Logility-Logility-Voyager-Solutions-Warehouse-PRO.html . There are other 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

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
How to Roll Out an MRO System for Airlines without Making Your SCM Problems Even Worse
When it comes to complex software implementations, some industries have it tougher than others. For instance, an airline company implementing a maintenance

track forecast accuracy scm  that must also be tracked. You need a substantial level of automated functionality to make all this happen. Now, these airlines haven’t grown overnight—some of the young airlines are only a little less than 20 years old, while established airlines have typically been operating for over twice that period of time. These legacy airlines pioneered their various industry practices and consequently developed the systems running their daily operations. But as with most large businesses, IT initiatives Read More

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