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Why Most Balanced Scorecards are Subverted
Business and IT managers have failed to get at the root cause of Balanced Scorecard ineffectiveness. Getting the most from corporate data will continue to be

statistical symbols and definitions  balanced scorecard,data provisioning,BSC,strategic performance management tool,Balanced Scorecard initiatives,scorecard financial measures,customer knowledge,internal business processes,IT scorecard deployment issues,Executive Information Systems,eis Read More
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Documents related to » statistical symbols and definitions


Do Your Customers Really Trust You? Well, That Depends …
Crises such as the one we’re currently going through seriously damage the trust bestowed by individuals upon corporations. This is more likely to result in the

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Apriso Comes Closer to Paperless Manufacturing
Recently, Apriso announced general availability of FlexNet 9.6, its next generation manufacturing software platform that offers much more than traditional

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Management for Next-generation Multi-service System Networks
The history of telecommunications management is rife with examples of good technology failing to meet business requirements. Historically, while business has

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A Definition of Data Warehousing
There is a great deal of confusion over the meaning of data warehousing. Simply defined, a data warehouse is a place for data, whereas data warehousing

statistical symbols and definitions  usually driven by complex statistical formulas. The easiest way to distinguish data mining from the various forms of OLAP is that OLAP can only answer questions you know to ask, data mining answers questions you didn't necessarily know to ask. Data Visualization Tools: Tools that show graphical representations of data, including complex three-dimensional data pictures. The theory is that the user can see trends more effectively in this manner than when looking at complex statistical graphs. Some Read More
Managing Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part Four: Guidelines and Case Studies
The lack of effective game plans is typically cited as a leading cause of poor system implementation. The following guidelines provide suggestions for improving

statistical symbols and definitions  operational excellence. Case #30: Statistical Forecasting . The Distribution company used statistical forecasting to calculate future sales demand in monthly increments based on historical data. This required historical data about previous months. In addition to shipments, the historical data included customer returns, credit memos, and selected inventory adjustments. Further refinements included the requested shipment date to give a true picture of demand patterns. Statistical forecast information was Read More
The Truth about Data Mining
It is now imperative that businesses be prudent. With rising volumes of data, traditional analytical techniques may not be able to discover valuable data

statistical symbols and definitions  grows significantly, only specialized statistical models can help uncover important patterns; in this situation, simple reporting and multidimensional analysis may fail. Predicting behavior . There are situations in which organizations may need to predict customer behavior. For instance, churn analysis helps organizations identify which of their customers are likely to leave them for competitors. Modeling diseases in an animal population based on information relevant to the species in question can, Read More
IBM Cognos 10.2 BI Is Now a TEC Certified Product
We are pleased to announce that IBM Cognos BI, one of the leaders in the business intelligence (BI) space, is now part of TEC’s certified BI applications family

statistical symbols and definitions  (software package used for statistical analysis). About Cognos BI Enterprise Since being acquired by IBM, Cognos has broadened its horizontal functionality—widening its integration with powerful third-party software business applications, such as for Big Data sources. It has also extended its functional reach through different software acquisitions and in-house development of rich sets of industry and LOB vertical functionality. In addition, the product has amassed a wide variety of functional Read More
TIBCO Spotfire Releases Version 5
TIBCO will be launching version 5 of Spotfire, its BI and analytics solution. With enhancements in its analysis engine and a newly re-architected in-memory

statistical symbols and definitions  of the most popular statistical languages in the industry. Without a doubt, BI providers are racing to develop more efficient applications to address the challenge of big data analysis, with a focus on improving in-memory mechanisms to make them significantly faster. Read More
CRM: The Truth, The Whole Truth And Nothing But The Truth(For A Change)
Finding out the true facts about what makes CRM tick and how fast it circles the ROI clock—if it indeed reaches ROI-has long frustrated potential CRM

statistical symbols and definitions  but minimal margin of statistical error. Moreover, the research sponsors, Caribou Lake Customer-1 and CRMGuru.com partnered with an outcome-neutral statistical research firm, Mangen Research Associates, to assure that the data collection methods and statistical analysis would conform to rigorous professional standards. In fact, the impetus for this research project arose from a desire by some CRM professionals to cut through the ubiquitous claims and counterclaims surrounding CRM, many germinating from Read More
The Newest Release of SYSPRO ERP-SYSPRO 7-Is Now TEC certified
It has been only a year and a few months since Technology Evaluation Centers (TEC) analysts last certified the then-current version of SYSPRO ERP, SYSPRO 6.1

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Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

statistical symbols and definitions  important for different reasons: Statistical forecasting is controlled by rules and methods and is more or less calculated automatically. Demand planning is more controlled by market and capacity. It is more manually oriented and reflects many more influences, such as marketing activities, new demand from new products and new markets. Statistical forecasting Carrying out statistical forecasting requires at least a 24-month demand history to detect trends and seasonal profiles. It is important to focus on Read More
How Inventory Optimization Can Increase Your Profitability
One of the largest expenses for distributors and wholesalers is stock. Many have difficulty finding the perfect balance between ensuring products are available

statistical symbols and definitions  get accurate forecasting the statistical forecast figures have to be based on requested demand rather than delivery statistics. In addition, casual factors such as events and promotions, as well as collaborative input from the organization and trading partners have to be included or considered. An inventory optimization system is designed to help companies increase accuracy and overcome these issues in order to enhance customer service and lower operational costs. What is inventory optimization? The core Read More
Economizer Modes of Data Center Cooling Systems
In certain climates, some cooling systems can save over 70% in annual cooling energy costs by operating in economizer mode, corresponding to over 15% reduction

statistical symbols and definitions  DCIM, data center, data center infrastructure management, DCIM management, DCIM software, DCIM software tools, IT, IT infrastructure, APC by Schneider Electric, data center cooling system, data center PUE, PUE Read More
Sales and Operations Planning Part One: Identifying and Forecasting Demand
An effective sales and operations planning game plan results in fewer stock-outs, shorter delivery lead-times, higher on-time shipping percentages, a manageable

statistical symbols and definitions  set of forecasted demand. Statistical Forecasting and Demand Planning Forecasted demands can be based on many factors, such as management intuition, the current pipeline of prospects and quotes, and sales history. An item's sales history—typically reflecting posted shipments or item ledger entries about shipments—provides the basis for generating a statistical forecast in weekly or monthly increments. A sales forecast by location can be based on the best fit of various forecasting techniques. Read More

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