X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 track 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.

Compare Now

Recruitment and Staffing

Recruitment and Staffing functionality allows the user to select and hire the right people with the right skill sets, as well as track the information regarding their recruitment for later analysis. It covers criteria such as Organization Structures and Modeling, Corporate Branding, Sourcing, Applicant Tracking, Assessment and Selection, Governance and Compliance, Vendor Management Systems (VMS) Portal, Recruitment Analytics and Reporting, and Product Technology. 

Start Now

Documents related to » track forecast accuracy

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  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

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 manufacturers optimize pricing capabilities and better understand their markets. Yet to get the most out of these tools, manufacturers must be willing to reorganize their planning processes—and to share the resulting insights with supply chain partners and customers.

track forecast accuracy  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

Integrated Workforce Management (WFM) Platforms: Fact or Fiction? - Part 3


Part 1 of this blog series analyzed the major modules of integrated workforce management (WFM) suites that organizations can deploy to better schedule and assign work in their production and distribution facilities and in retail stores. Concrete examples of commercially available products included those from Kronos and RedPrairie Corporation, given those two vendors’ notable

track forecast accuracy  It also helps organizations track and manage compliance requirements with minimal administrative effort and cost, and can result in a reduced risk of fines, lawsuits, and negative publicity. Execution Management (Task Management) Demands on the retail store workforce are dynamic and increasing. The noble goal is to optimize across all the task- and traffic-driven labor to deliver the highest possible return. In case of the task-driven labor , demand can increase for tasks such as price optimization, 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  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

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.

track forecast accuracy  Planning Forecast Accuracy , Track Forecast Accuracy , Record Forecast Accuracy , Forecast Accuracy Data , Early Forecasting Accuracy , Search Forecast Accuracy , Forecasting Accuracy Assessment , Forecast Accuracy Statistics , Forecasting Accuracy Assortments , Documents Forecast Accuracy , Statistical Forecasting , Forecast Accuracy Calculations , Alternate Forecast Measures , Supply Chain Forecasting , Estimation , Prediction , Accuracy Method , Business Forecasting , Econometric Forecasting , Read More

The Top 3 Points to Consider When Selecting a Human Resources Information System


You probably already know that a human resources information system (HRIS) should track all information on current and former employees, and reduce your HR staff’s workload. Not sure what lies beyond that? There are a few things you should know before selecting an HRIS. Find out how to identify your HR needs, so your HRIS can help you reach your business objectives—and give you a quick return on investment (ROI).

track forecast accuracy  information system (HRIS) should track all information on current and former employees, and reduce your HR staff’s workload. Not sure what lies beyond that? There are a few things you should know before selecting an HRIS. Find out how to identify your HR needs, so your HRIS can help you reach your business objectives—and give you a quick return on investment (ROI). Read More

BambooHR


BambooHR is a SaaS-based HRIS with flexible customization features providing HR practitioners the ability to track, manage, and maintain their data. Customization features include layout and design, reporting, fields, tabs, tables, PTO accruals and types, permissioning and access levels, and more. BambooHR's Software as a Service Solution does the following: Centralizes your employee data so you can control, sort, and analyze it from anywhere. You have instant access to employee records, documents, benefit info, training and compliance data, hiring checklists and more. Streamlined reports are easy to read and allow you to make well-informed,strategic decisions. This HR software includes an intuitive drag-and-drop report builder and powerful filtering to allow you to customize reports quickly and easily. Hours of busywork are eliminated to let HR focus on finding, hiring, and retaining the best talent for your company.

track forecast accuracy  practitioners the ability to track, manage, and maintain their data. Customization features include layout and design, reporting, fields, tabs, tables, PTO accruals and types, permissioning and access levels, and more. BambooHR''s Software as a Service Solution does the following: Centralizes your employee data so you can control, sort, and analyze it from anywhere. You have instant access to employee records, documents, benefit info, training and compliance data, hiring checklists and more. Streamlined 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  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

Ten Ways Robots Enhance Lean Manufacturing Environments


Traditionally, robots have not played a prominent role in the implementation of lean strategies. However, due to their repeatability, speed, accuracy, and flexibility, the role of robots in lean implementations is constantly increasing. Automation equipment, which includes robots, is rapidly becoming a core component to lean manufacturing and the reduction of manufacturing costs. Download this white paper to learn more about the 10 ways large and small manufacturers are benefiting from robotic automation in lean manufacturing environments.

track forecast accuracy  robotics,abb industrial robots,abb industrial robotics,industrial robots,industrial robotics,abb robots,abb robotics,lean manufacturing Read More

Credit versus Collections... Who Do You Trust?


Learn how receivable dashboards allow you to keep track of your customers’ payment more efficiently and improve your agribusiness cash flow. Find out how a good collections management system could significantly increase your return on investment (ROI).

track forecast accuracy  allow you to keep track of your customers’ payment more efficiently and improve your agribusiness cash flow. Find out how a good collections management system could significantly increase your return on investment (ROI). Read More

TAKE Supply Chain


TAKE Supply Chain, a division of TAKE Solutions, Inc., offers flexible, accessible, and mobile supply chain software solutions that deliver increased accuracy, visibility, and responsiveness inside an organization's four walls and with trading partners across the globe. TAKE software solutions offer a high level of configurability, integration, and deployment options. This helps to significantly reduce the historical compromises between time to value, total cost of ownership, and optimal supply chain functionality. TAKE offers robust supply chain collaboration and data collection solutions that leverage existing and emerging technology such as the cloud, mobility-enabled transactions, and business-configured instant communications with attachments and audit history to support the increased challenges of expanding global supplier networks. TAKE Supply Chain provides midmarket companies with software and consulting services focused on delivering rapid return on investment (ROI) from their supply chain operations. 

track forecast accuracy   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.

track forecast accuracy   Read More