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The Art, Science & Software Behind (Optimal) Retail Pricing - Part 5
Part 1 of this series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series

science news  optimization contestant (although the science behind retail pricing optimization might still be beyond the grasp of Business Objects). The competition can still come from niche retail software vendors targeting smaller retailers, such as  KSS Retail  and from statistical tool vendors such as  SAS Solutions for Retail . On the consulting and  intellectual property (IP)  front, competitors can be marketing information providers for the CPG industry such as  ACNielsen  and  Information Resources, Inc Read More
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » science news


The Art, Science, and Software behind (Optimal) Retail Pricing: Part 1
The “Four Ps” of marketing strategy, also known as the

science news  Art, Science, and Software behind (Optimal) Retail Pricing: Part 1 The “Four Ps” of marketing strategy, also known as the marketing mix , are basically applicable to all businesses. TEC ’s  two-part blog post series in 2008 talked about the importance of pricing management in a down economy . Price and promotion in particular are the lubricants in  retailing , although the two remaining Ps-- product and place , are indisputably important there as well. In his  guest author article in Retail Read More
TEC Industry Watch: Enterprise Software News for the Week of August 13, 2012
SOFTWARE SELECTIONSSwiss investment bank UBS selects cloud-based Oracle’s Fusion Human Capital ManagementIndustry tags: Finance and Banking

science news  Covance Inc, a life sciences company based in Princeton, NJ, with over 11,000 employees, has implemented Oracle Primavera to support the IT department’s federated project management organizations (PMO) model, standardize portfolio governance, and support staged-gate review processes. Covance’s IT department has multiple PMOs to support varying business units, yet required centralized process and tools. Other benefits of the implementation included doubling the number of project reviews per gate meeti Read More
TEC Industry Watch: Enterprise Software News for the Week of July 23, 2012
SOFTWARE SELECTIONS @ IMPLEMENTATIONSSeaspan selects IFS Applications to support its shipbuilding projectsIndustry tags: manufacturing“Seaspan is an

science news  superstore, because its pricing science is sophisticated and usable (i.e., transparency into recommendations, speed to insights and recommendations, etc.), and it supports standards such as Association for Retail Technology Standards (ARTS), a division of the National Retail Federation (NRF). BevMo! was also attracted by the value of cloud-based solutions and how this approach maximizes its agility, time-to-ROI, and future-proofs them.” — P.J. Jakovljevic, TEC Principal Analyst TEC blog post (Jan 2010 Read More
TEC Industry Watch: Enterprise Software News for the Week of June 18, 2012
SOFTWARE SELECTIONSLoudoun County Sanitation Authority selects SAP ERPIndustry tags: utilities

science news  (January 2012):  The Art, Science & Software Behind (Optimal) Retail Pricing Exact introduces Exact Macola QuickStart Industry tags: automotive, electronics, consumer goods As part of Exact Macola’s resurgence, the six templates (three for manufacturing and distribution each) will work with Macola On Demand as well as the on-premise version. Exact Americas does not have plans to announce this for other products currently. The templates are the basis for a reduced implementation fee and faster implemen Read More
Is J.D. Edwards's CRM 2.0 (With more than 200 Enhancements) Good News?
When it comes to touting 200 product enhancements, what J.D. Edwards is saying is that ease of integration is important to mid-market companies because they

science news   Read More
Simple Analytics
Simple Analytics is a data analytics solutions and services company, formed in 2013. With data science capability and competence becoming a minimum requirement

science news  in 2013. With data science capability and competence becoming a minimum requirement in areas which have not traditionally been thought of as data-focused industries, the company's approach is to provide turn-key solutions and services that maximize ROI and can be implemented rapidly without straining IT investments. Simple Analytics provides consultancy, technical support, and training on big data, predictive analytics, prescriptive analytics, prospective analytics, data sciences, and mobility. Read More
Business Finance
Business Finance is a news source for finance executives. The company produces white papers, articles, videos, and newsletters. Its topics include corporate

science news  Finance Business Finance is a news source for finance executives. The company produces white papers, articles, videos, and newsletters. Its topics include corporate finance, risk management, and technology. Read More
Retail Systems Research
Retail Systems Research (RSR) provides advisory services, research, and industry news. RSR publishes Retail Paradox Weekly, a retail news analysis newsletter.

science news  Systems Research Retail Systems Research (RSR) provides advisory services, research, and industry news. RSR publishes Retail Paradox Weekly, a retail news analysis newsletter. Read More
Source Media
Source Media produces content for the financial and technology industries, including analysis and news. Its sites include American Banker and Accounting Today.

science news   Read More
Introduction to Business Process Management: Are We Ready for It?
Business process management (BPM) is not another form of automation, or another rocket science, or a revolutionary new philosophy. It helps discover what we do,

science news  automation, or another rocket science, or a revolutionary new philosophy. It helps discover what we do, and then manages the lifecycle of improvement and optimization in a way that translates into operations. Based on a solid mathematical foundation, the BPM breakthrough is for business people. Read More
Global Trade Hits Home at MegaResistCap-Part IV: Blinded Me with Science
At the end of part III of this series, the software selection team at MegaResistCap had turned in their software selection votes to the company’s executive

science news  IV: Blinded Me with Science At the end of part III of this series, the software selection team at MegaResistCap had turned in their software selection votes to the company’s executive operating committee. Jim, director of information technology (IT), was anxiously awaiting the voting result, which was now being announced by Francois, the company’s chief legal counsel. Francois wasn’t one to mince words, and got right to the point: “It is with great pleasure that I announce the results of the Read More
The Art and Science of E-mail Marketing
When crafting an e-mail marketing campaign, a few guidelines should be followed in order to maximize its effectiveness. Believe it or not, e-mail marketing is

science news  Art and Science of E-mail Marketing When crafting an e-mail marketing campaign, a few guidelines should be followed in order to maximize its effectiveness. Believe it or not, e-mail marketing is not only an art, but a science as well. Carefully balancing the needs of the audience, properly communicating your inspiring message, and using the right technology to manage the interaction are some of the key ingredients needed to make it a success. Read More
TEC Industry Watch: Enterprise Software News for the Week of April 23rd, 2012
SOFTWARE SELECTIONSThe SuperYacht Group selects NetSuiteIndustry tags: services industry

science news  Industry Watch: Enterprise Software News for the Week of April 23rd, 2012 SOFTWARE SELECTIONS The SuperYacht Group selects NetSuite Industry tags: services industry The holding that includes magazine and Web site publishing, event hosting, marketing consultancy, and creative services has consolidated and centralized all its activities on cloud-based NetSuite ERP. The company has replaced its point solutions—solutions that had obviously become too tiny for them. The group has reported increased Read More
TEC Industry Watch: Enterprise Software News for the Week of August 27, 2012
SOFTWARE SELECTIONSMid-sized refractory products manufacturer selects EnterpriseIQ ERP from IQMSIndustry tags: manufacturing

science news  Industry Watch: Enterprise Software News for the Week of August 27, 2012 SOFTWARE SELECTIONS Mid-sized refractory products manufacturer selects EnterpriseIQ ERP from IQMS Industry tags: manufacturing The reasons why Riverside Refractories Inc. decided to replace its existing ERP system aren't unique—the old legacy system's inflexibility and inability to support manufacturing needs in the changing business environment had started impeding the company's operations. The company selected an ERP solution Read More

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