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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...
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...
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...
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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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...
IBM & ILOG Matrimony: Good for BPM, Uncertain for SCM? -- Part 2
Part 1 of this blog topic analyzed IBM’s rationale to acquire ILOG to bolster its service-oriented architecture (SOA) and business process management (BPM

track forecast accuracy scm   Read More...
Integration Appliances: The Fastest Track to Master Data Management
While the idea of enterprise-wide data management is conceptually simple, it is extremely difficult to implement in most organizations, due to differences

track forecast accuracy scm  Appliances: The Fastest Track to Master Data Management While the idea of enterprise-wide data management is conceptually simple, it is extremely difficult to implement in most organizations, due to differences between heterogeneous databases and applications. However, conventional integration software is not required to achieve consistent management of customer data. In fact, integration appliance technology can greatly simplify and reduce the cost of master data management (MDM). Read More...
Elementum Does Mobile End-to-end SCM
After about two years of stealth operation, Elementum, a novel mobile cloud platform for holistic supply chain management (SCM), announced that it has more than

track forecast accuracy scm  performance indictors (KPIs), and tracking shipments.   Elementum offers simple and intuitive mobile software that users can actually use and understand in order to see exactly where every part, component, and finished good is manufactured, supplied, and distributed all over the world. All customers have to do is download an app, log in, and go. Under the hood lies a platform built from the ground up using the latest in scalable big data technologies, such as flexible schema databases, representational Read More...
Mid-Market ERP Vendors Doing CRM & SCM In A DIY Fashion Part 1: Recent Announcements
While the ERP mid-market has seen more vibrant intra-market merger & acquisition activity during 2001, it appears that 2002 will, for some more tenacious Tier 2

track forecast accuracy scm  that enables organizations to track and proactively support customers through an unlimited number of user-defined service contracts. Among the newly configured features are: Service Queue Management; Enhanced routing system; Simplified escalation system; Automatic triggering of service processes; Inclusion of a roles table; Tracking of user-defined milestones; Embedded RMA tracking; Improved item tracking; Item and serial number searching; Support for multiple service contracts per customer; and Read More...
ERP and SCM Implementations Part Two: Interfaces and Priorities
To a large extent, software packages do work out of the box. Packages that do not perform perfectly or as users would expect is when dissatisfaction arises

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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...
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

track forecast accuracy scm   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...
''Collaborative Commerce'': ERP, CRM, e-Proc, and SCM Unite! A Series Study: Oracle
There are two ways to build enterprise application solutions: link together disparate, best-of-breed solutions, in which vendors embrace open architectures and

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