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What Are Manufacturing Execution Systems?
A manufacturing execution system (MES) can be defined as a collection of business processes providing event-by-event, real-time execution of planned production

statistical definitions variance  based on defined routings), statistical process control [SPC] systems, quality control systems, and specialized applications such as batch reporting and control. [italics added] What these lengthy definitions illustrate is that it can be difficult to easily identify or define the full range of applications used on the plant floor, let alone determine what falls exclusively under MES. Moreover, vendors never hesitate to add to the confusion by using creative labeling to suggest difference. To put MES into Read More...
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Business intelligence (BI) and performance management applications enable real-time, interactive access, analysis, and manipulation of mission-critical corporate information. These applications pro...
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Documents related to » statistical definitions variance


Do We Already Know Whether You’re Going To Read This Article?
SLP InfoWare announced a product that can predict which of an ISP’s customers are likely to leave.

statistical definitions variance  InfoWare's ISP/CPS product uses statistical and machine-learning techniques to analyze past customer behaviors and predict which current customers behave like customers that, in the past, have decided to accept another offer. Such customers can then be targeted for special promotional offers. Market Impact Predicting churn is somewhat different from finding cross-sell opportunities - although only the statistical wizards know how different - because it requires discovering ill-defined patterns in Read More...
The Profitability Perspective: How Automated Reporting Drives Better Decisions
Driving sustainable growth requires profitability-focused planning and performance management. Most companies have some type of profitability reporting@but many

statistical definitions variance  And Analysis Tools , Statistical Analysis Report , Trend Analysis Report , Automated Reporting Drives , Profit Financial Reporting , Automating Reports , Automated Expense Reporting , Expense Report Software , Perspective Profit Loss , Accounting Perspective Report , Profitability Perspective Report , Report ROI Improved Decisions , Return On Investment ROI , IDC SAP . In This Special Study IDC recently completed a survey of 600 worldwide respondents on issues around profitability reporting ? enterprise Read More...
16th Vendor Shootout for ERP in Miami
Technology Evaluation Centers (TEC) is proud to announce the 16th Vendor Shootout for ERP. This year the Shootout will take place in beautiful Miami, Florida

statistical definitions variance   Read More...
RAJA Selects n.SKEP Retail Planning Solution
QAD Inc. continues to gain new customers via its relatively autonomous divisions, such as Precision Software for transportation management, and the recently

statistical definitions variance  areas: articles, sales channels, statistical family, warehouse, etc. The possibilities for forecast calculation will also be expanded in the following manner: projected sales of new products enriched by the seasonality of product family, automatic alerts on intermittent sales, logging of marketing and sales campaigns, as well as alerts of undetected seasonality. Finally, using the n.SKEP solution, receiving and storage capabilities can be automated, since the solution delivers alerts that indicate Read More...
The Art, Science & Software Behind (Optimal) Retail Pricing - Part 3
Part 1 of this blog post series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This

statistical definitions variance  pricing software applies advanced  statistical analytics  in several areas. For example,  DemandTec ’s Consumer Demand Management (CDM) software suite  is available in versions tailored to the needs of retailers and consumer packaged goods (CPG) manufacturers. The vendor’s applications, which include tools for managing pricing, promotions, and markdowns, leverage the following sophisticated statistical analytics methods: Demand Modeling . The CDM software uses complex  econometrics  models Read More...
Order Forecast Collaboration: Benefits for the Entire Demand Chain
When raw materials providers, manufacturers, and retailers work together to calculate future order needs, they can all act on the best information available

statistical definitions variance  measures should use standard statistical formulas (such as MAPE - Mean Absolute Percentage Error) and should be measured over different time intervals that carry meaning for demand chain partners. For example, if an October shipment has been forecasted to be 1000 units for the past three months the demand chain may order raw materials and schedule production time to support the upcoming order for 1000. If the retailer actually orders only 250 units and does not notify the supplier until the PO is cut, Read More...
Teknetix Selects InfinityQS ProFicient
InfinityQS International, Inc., a provider of real-time manufacturing intelligence (MI) and enterprise quality software, today announced that Teknetix, Inc. has

statistical definitions variance  implement process control and statistical process control (SPC) methodologies to improve product quality. Based in Parkersburg, West Virginia, with a 60,000-square-foot facility, Teknetix is a provider of assembly services to the mid-volume, high-mix original equipment manufacturer (OEM) electronic manufacturing market. InfinityQS’ enterprise quality hub, ProFicient, is powered by a centralized SPC engine. The manufacturing quality software, which can be deployed on premises and in the cloud, also Read More...
AVEVA Augments Its Advanced Simulation Capabilities, Acquires GMS
Simulation has become an integral part of the engineering software market. When we talk about return on investment (ROI) from simulation software implementation

statistical definitions variance   Read More...
The Perfect Order--Inside-Out or Outside-In?
The Perfect Order measurement has proven to be a powerful measurement of a business. Should The Perfect Order be defined from an internal point of view or from

statistical definitions variance  Perfect Order--Inside-Out or Outside-In? Defining The Perfect Order Key performance indicators (KPIs) give management a tool to judge the health of the business. While the concept has proven itself, a key question should be what do we measure? The Perfect Order measurement has proven to be a powerful measurement of the business. Should The Perfect Order be defined from an internal point of view or from a customer point of view inside-out or outside-in? In addition to defining The Perfect Order, AMR Read More...
Why CRM Is So Hard and What To Do About It: Data is key to making CRM work
Making a CRM investment work is a two-step process that begins with unifying disparate systems by creating and managing standardized, reusable business

statistical definitions variance  CRM Is So Hard and What To Do About It: Data is key to making CRM work Introduction Over the next five years, companies will spend $150 billion to reinvent sales, marketing and service. Customer relationship management (CRM) is the hub of this turning wheel, and data is the axle. It's why Gartner calls managing customer-related data the number one obstacle to getting a return on CRM investments. To fully exploit the power of CRM, and to realize its much-hyped promise, organizations must first recognize 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,

statistical definitions variance  Documents Forecast Accuracy , Statistical Forecasting , Forecast Accuracy Calculations , Alternate Forecast Measures , Supply Chain Forecasting , Estimation , Prediction , Accuracy Method , Business Forecasting , Econometric Forecasting , Economic Forecasting , Forecasting Adjustment . Peerless Pump has been designing, engineering and manufacturing pumps for more than 80 years. Although its first pumps were used to irrigate orange groves in California, its pumps today are used for a wide spectrum of Read More...
SAS: Striving to Sustain Leadership
SAS Institute has been successful, moving beyond a business intelligence. Lately, it has lately focused on sustaining its technology leadership, expanding in

statistical definitions variance  applications, from geographical and statistical visualization to fraud detection and DW administration tools. Products include CRM, financial intelligence, human capital management (HCM), IT management, patent intelligence, performance management, process intelligence, risk management, scorecarding, supplier relationship management (SRM), supply chain intelligence, value chain analysis, warranty analysis, and Web analytics. SAS also provides services like consulting, technical support, and training and Read More...
Total Cost of Ownership Secrets for Enterprise Applications
Any enterprise suite will pay for itself faster if you work diligently to reduce the total cost of ownership (TCO). Those who interact with companies on

statistical definitions variance  Cost of Ownership Secrets for Enterprise Applications Total Cost of Ownership Secrets for Enterprise Applications If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Providing services by people who know the business and products, we help to maximize benefits, and by providing new versions and enhancements on leading technology we secure investments, maximize uptime and minimize the total cost of ownership . Source : IFS Resources Read More...
Orchid Orthopedic Solutions Selects CEBOS QMS
Orchid Orthopedic Solutions recently selected CEBOS MQ1 Elements Life Sciences solution to automate its quality management system (QMS) and ensure compliance

statistical definitions variance  shop floor inspection and statistical process control (SPC), supplier management, project and program management, and training tTracking (for more details, see).   Note that QAD’s subsidiary companies continue to sell their best-of-breed products to companies running non-QAD ERP; Orchid is not a QAD enterprise resource planning (ERP) customer. Read More...

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