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Software Functionality Revealed in Detail
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 statistical inventory reconciliation


Managing Demand: Considerations for the Chemicals Industry
Enterprise systems have brought many benefits to chemical environments, but for individual enterprises, gaining these benefits requires selecting a solution

statistical inventory reconciliation  be achieved by blending statistical analysis, customer projections, and the knowledge of sales and service teams, there is a natural limit to planning and forecasting accuracy, since inventing a better correlation from past events can only help so much. With the novel sense and respond approach, the gap between planning and reality (execution) can be closed (see SCP and SCE Need to Collaborate for Better Fulfillment ), since sensing signals from the real world (such as vendor-managed inventory [VMI]

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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

Business Intelligence (BI)

Business intelligence (BI) and performance management applications enable real-time, interactive access, analysis, and manipulation of mission-critical corporate information. These applications provide users with valuable insights into key operating information to quickly identify business problems and opportunities. Users are able to access and leverage vast amounts of information to analyze relationships and understand trends that ultimately support business decisions. These tools prevent the potential loss of knowledge within the enterprise that results from massive information accumulation that is not readily accessible or in a usable form. It is an umbrella term that ties together other closely related data disciplines including data mining, statistical analysis, forecasting, and decision support. 

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Documents related to » statistical inventory reconciliation

Challenges and User Recommendations for a Global Trading Solutions Provider on a Roll


The market is competitive, rapidly evolving, and highly fragmented, and one should only expect the intensity of competition to increase in the future. For the present, the biggest challenge remains a lack of awareness of the need for TradeStone's applications.

statistical inventory reconciliation  scheduling, piecework incentive payroll, statistical quality control, and other activities. Along similar order management and supply visibility lines are the offerings from Eqos , Jesta IS , ecVision , Global Sources , Infor RunTime , STYLEman , Logility , NSB Group , Oracle (via former Retek and G-Log), Intentia , 3i Infotech , and SAP . Also, supply chain planning (SCP) vendors like i2 Technologies, Manugistics (now part of JDA Software ), and Logility, as well as supply chain execution (SCE) vendors Read More

SAP Support of the Health Care Supply Chain’s Ongoing Effort to Ensure Patient Safety and Drive Business Value


Electronic product code information services (EPCIS) is a standard mechanism for inter-company collaboration and data sharing, which can enable health care partners to deploy solutions that meet short-term mandates driven by patient safety, as well as lay the foundation for long-term business value. Learn more about the impact of EPCIS in a study concerning data management and data sharing in the health care supply chain.

statistical inventory reconciliation  to do with improved statistical analysis for process improvement based on the tracking and measurement of serialized objects. It is a fundamental tenet of lean supply chain operations that process measurements can support analyses that will drive process improvements, and when serialized objects are tracked, outliers can be specifically identified, and the causes of unacceptable variances can be traced back to the source. For example, one company has used serialized product tracking to identify Read More

Sales and Operations Planning: The Key to Continuous Demand Satisfaction


All companies use some form of sales and operations planning (S&OP) to synchronize market data with production output. But most practice a planning process based on logistics rather than strategy. Taking a more strategic approach, however, the S&OP process can be designed to bring together a company’s marketing, finance, sales, and operations departments to continuously monitor—and meet—customer demand.

statistical inventory reconciliation  only ensure that the statistical forecast is based on the best data and model, including marketing assumptions, but also compare and incorporate sales and customer forecasts and include input from operations. The demand review also incorporates the results of the new product review, proposed promotions, and their demand impact. It incorporates real-time demand signals to monitor the plan assumptions and planning cycle so that demand can be adjusted accordingly. 3. Supply Review The supply review includes 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.

statistical inventory reconciliation  with historical data. While statistical forecasting methods can create certain forecast improvements, J.D. Edwards' research indicates that the addition of collaborative human forecasts can improve the accuracy by another 20%. To that end, Demand Consensus is a Web-based application that brings planners, sales, executives, operations, customers, and suppliers together in a collaborative conference room environment to produce better forecasting results. This application shares information with other J.D. Read More

Managing Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits


For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency challenges. Hexion needed better supply chain management—the key to sustaining growth and profits. In adopting Zemeter solutions, Hexion reduced inventory by more than 20 percent and increased margins—exactly what Hexion needed to stay competitive on a global scale

statistical inventory reconciliation  Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency challenges. Hexion needed better supply chain management—the key to sustaining growth and profits. In adopting Zemeter solutions, Hexion reduced inventory by more than 20 percent and increased margins—exactly what Hexion needed to stay competitive on a global scale Read More

Click Commerce Helps Aviall Optimize Their Service Supply Chain and Reduce Excess Inventory


Availl, Inc, the leading solution provider of sales, supply chain management, and logistic services for the aviation industry. Learn how it used Click Commerce Service Parts Optimization solutions to extend its inventory planning capabilities, enable comprehensive demand forecasting, and provide Web-based visibility into global inventories.

statistical inventory reconciliation  Commerce Helps Aviall Optimize Their Service Supply Chain and Reduce Excess Inventory Availl, Inc, the leading solution provider of sales, supply chain management, and logistic services for the aviation industry. Learn how it used Click Commerce Service Parts Optimization solutions to extend its inventory planning capabilities, enable comprehensive demand forecasting, and provide Web-based visibility into global inventories. Read More

CSN Achieves Streamlined Order & Inventory Management, Improves Customer Service




statistical inventory reconciliation  Achieves Streamlined Order & Inventory Management, Improves Customer Service Read More

Auto Supplier Chooses Plex Cloud ERP Over QAD, Eliminates Inventory Discrepancies


For several years, Spring Dynamics had been using an on-premise enterprise resource planning (ERP) system that included accounting functions and standard reports on inventory and accounts receivable and payable. Management wanted a more robust, comprehensive system that would also include shop floor operations and generate management reports. Learn how Plex Cloud ERP helped maximize overall business performance.

statistical inventory reconciliation  Supplier Chooses Plex Cloud ERP Over QAD, Eliminates Inventory Discrepancies For several years, Spring Dynamics had been using an on-premise enterprise resource planning (ERP) system that included accounting functions and standard reports on inventory and accounts receivable and payable. Management wanted a more robust, comprehensive system that would also include shop floor operations and generate management reports. Learn how Plex Cloud ERP helped maximize overall business performance. Read More

Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment


Small and medium businesses (SMB) need to address inventory challenges by using a tightly integrated approach that reflects the dynamics of the extended supply chain. Data must also be available to other application modules within the enterprise resource planning (ERP) system. An inventory optimization solution allows companies to effectively fulfill demand and identify how to gain additional profits from their inventories.

statistical inventory reconciliation  Inventory Optimization to Reduce Inventory Levels in a Lean Environment Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. SYSPRO Inventory enables effective customer servicing and improved profits by providing superior inventory that optimizes stocking levels. Inventory Optimization that aggregates & analyzes inventory to support lean manufacturing Read More

Six Steps to Effective Inventory Management


You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an active inventory management process in place, and continually improve the business results. Learn how to view inventory as cash that can be invested in other ways: move from reactive inventory management to lean and active inventory management in six easy steps.

statistical inventory reconciliation  Steps to Effective Inventory Management You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an active inventory management process in place, and continually improve the business results. Learn how to view inventory as cash that can be invested in other ways: move from reactive inventory management to lean and active inventory management in six easy steps. Read More

Case Study: Ralco Industries


Automotive supplier Ralco Industries was having inventory trouble. The lack of accurate data from its systems was causing a number of expensive issues—quality problems, scrap, overtime, expedited shipments, etc. Learn how implementing a new software-as-a-service (SaaS) enterprise resource planning (ERP) solution helped Ralco dramatically reduce inventory costs and achieve return on investment (ROI) in just over one year.

statistical inventory reconciliation  Study: Ralco Industries Automotive supplier Ralco Industries was having inventory trouble. The lack of accurate data from its systems was causing a number of expensive issues—quality problems, scrap, overtime, expedited shipments, etc. Learn how implementing a new software-as-a-service (SaaS) enterprise resource planning (ERP) solution helped Ralco dramatically reduce inventory costs and achieve return on investment (ROI) in just over one year. Read More

Waer Systems—Integration, Process, and Presentation in the Supply Chain


Long known as a supply chain firm with specialized capabilities around warehouse and inventory management, U.K.-based Waer Systems has never been one to sit still, and in the years since the company’s founding in 2000, Waer has evolved and matured its solutions and services to focus on integration, with virtually any enterprise system, in large multi-national enterprises.

statistical inventory reconciliation  Systems—Integration, Process, and Presentation in the Supply Chain Long known as a supply chain firm with specialized capabilities around warehouse and inventory management, U.K.-based Waer Systems has never been one to sit still, and in the years since the company’s founding in 2000, Waer has evolved and matured its solutions and services to focus on integration, with virtually any enterprise system, in large multi-national enterprises. Waer’s solutions demonstrate complex capabilities in the Read More

Supply Chain Management: Morphing the Functional Scope of Service Parts


The quintessential business challenge is to minimize downtime on assets while minimizing the cost of spare and replacement parts inventory. To meet these challenges, heavy investments have been made in extensive spare ad replacement parts networks.

statistical inventory reconciliation  Chain Management: Morphing the Functional Scope of Service Parts The Morphing Functional Scope of Service Parts SCM There are many requirements involved in the supply chain management (SCM) of service and replacement parts that make the process different from traditional, new parts SCM (see Part One ). As a result, some specialist SCM solutions have been developed to address these challenges. Some might resemble conventional SCM solutions, but feature different approaches. The requirements of Read More

Inventory Management Technology Strategies for Distribution


Inventory has been—and continues to be—the lifeblood of the distribution marketplace. While many companies are slow to adopt new strategies and technologies, a growing number of distributors are leveraging inventory practices to improve key metrics like customer retention, gross margins, and inventory turns. Read these research survey findings to find out how you can make better inventory management technology decisions.

statistical inventory reconciliation  Management Technology Strategies for Distribution Inventory Management Technology Strategies for Distribution If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Infor SCM’s Warehouse Management system solution enables you to see what inventory is or will be available, organize work and align resources and labor to satisfy customer requirements, and optimize fulfillment and distribution processes to ensure that products are Read More