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Business Intelligence: A Guide for Midsize Companies
Business intelligence (BI) is not a new concept. What’s new is that BI tools are now accessible for midsize companies. Managers can use BI to analyze complex

statistical symbols  economy. BI uses sophisticated statistical techniques to find relationships that are hidden or not obvious. It can be used to identify which factors closely relate to customer churn and attrition or which factors (such as a prospect's income, education, age, or last purchase amount) were most closely related to a successful response in a marketing campaign. Visualization Techniques A picture is worth a thousand numbers, and highly graphical techniques ' including dashboards ' strongly complement the Read More...
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 pro...
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Documents related to » statistical symbols


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  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...
E-mail Clustering and Cloud E-mail Services
There has been a lot of buzz about the new cloud computing paradigm. But can cloud computing offer the same benefits as clustering? Find out more in a

statistical symbols  | Similarity Clustering | Statistical Clustering | Using Clustering | IT Email Clustering | IT Clustering Email Servers | IT Email Clustering Comparison | IT Email Clustering Domain | IT Email Clustering System | IT Email Clustering Algorithm | IT Clustering Email Campaign | IT Structural Email Clustering | IT Email Activity Clustering | IT Email Clustering Invention | IT Available Clustered Email | IT Email Clustering Implemented | IT Automatic Email Clustering | IT Conduct Email Clustering | IT Applicat Read More...
Predictive Analytics; the Future of Business Intelligence
Business intelligence (BI) is evolving as it grows in popularity. Within BI, there is a shift from traditional analytics to predictive analytics, and predictive

statistical symbols  data is collected, a statistical model is formulated, predictions are made, and the model is validated (or revised) as additional data become available. Predictive analytics combine business knowledge and statistical analytical techniques to apply with business data to achieve insights. These insights help organizations understand how people behave as customers, buyers, sellers, distributors, etc. Multiple related predictive models can produce good insights to make strategic company decisions, like where Read More...
Intuitive Manufacturing Systems Shows Maturity in Adolescent Age Part Two: Market Impact
Intuitive is one of the vendors that have long attempted to mitigate the actual and perceived barriers to enterprise resource planning (ERP) acceptance by

statistical symbols  which provides real time statistical process control (SPC) at all inspection points throughout the Intuitive ERP system, including work-in-process, purchasing, and material review and return. This module completes the Intuitive ERP quality cycle with a dynamic tool that can capture and analyze high-level data using statistical techniques to help maintain and improve the user company's process capabilities. More than just a data entry and charting tool, Intuitive's SPC module is a real time system that Read More...
Contemporary Business Intelligence and Its Main Components
Business intelligence (BI) represents the tools and systems that play a key role in the strategic planning process by allowing a company to manipulate corporate

statistical symbols  market segmentation, product profitability, statistical analysis, and inventory and distribution analysis, to name only a few. Data Warehousing Data warehousing is a collection of data designed to support management decision-making. A data warehouse (DW) contains a wide variety of data that presents a coherent picture of business conditions at a single point in time. Its purpose is to create a database infrastructure that is always online, that contains all the information from the online transaction 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  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...
SAP to Bring Predictive Analytics to the Masses
Traditionally, SAP has not been a leader in predictive analytics, at least not until its acquisition of Business Objects and the advent of SAP HANA. SAP has

statistical symbols  opens up all the statistical functions available in one of the world’s most popular open source projects. The acquisition is expected to allow SAP to introduce new predictive capabilities to the portfolio of solutions for more than 25 industries, particularly data-intensive vertical industries such as telecommunications, retail, consumer products, manufacturing, and financial services. With these capabilities, SAP should give the traditional predictive analytics players— SAS, IBM SPSS, Pegasystems 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 symbols  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...
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 symbols  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...
APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 4
Part 1 of this series talked about my attendance of the APICS 2009 international conference in Toronto (Canada) in early October. I attended only a few

statistical symbols  to develop the new statistical forecast. The input should come from all relevant marketing calendars, including NPD’s. This needs to be done quickly to keep the process moving ahead on time. Demand planning (and review) -- Sales and marketing representatives should review the data and issue an updated medium-term management forecast for current and new products. Based on their expertise, they may override the statistical forecast if in their empirical judgment upcoming changes in the market will affect 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 symbols  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...
TARGIT BI Product Certified
Recently, I met over the Web with TARGIT’s Ruben Knudsen and Ulrik Pedersen, along with some TEC cohorts to verify TARGIT’S BI product.  TARGIT had  completed a

statistical symbols  reports using the usual statistical distributions and the associated functions for regression and correlation analysis, calculations of the mean, variance, standard deviation, and other statistical measures. For more specific information, I refer you to the TARGIT website. I realize that I have provided a lot of accolades for the company and its products and I feel I am justified in tooting their horn, as they completed their demonstration flawlessly. Read More...
Asset Data for Accurate Lifecycle Management
Among the areas where modern enterprise asset management (EAM) systems provide substantial benefits is the driving out of inefficiencies in business processes

statistical symbols  also be used in statistical models regarding asset degradation and predictions of capital spend requirements. By the inclusion of these outputs of an RCM analysis, asset managers can use the results with increasing confidence as predictors of whole-of-life cost profiles, and end-of-life points. Preventive Maintenance Where predictive maintenance tasks cannot be applied, for whatever reason, the next two options on either side of the decision diagram are preventive maintenance tasks. These are tasks that a Read More...
Intentia Floats Vaporware Agent to Replace Business Planning
Intentia announces an intelligent negotiating agent for its enterprise resource planning software.

statistical symbols  planning functions based on statistical and analytic methods will become less important as companies find themselves forced to be instantaneously responsive to changes in customer requirements. We agree. Will intelligent agents be useful in this transformation? Probably. Will Movex Intelligent Agent provide a significant advantage? That's a bit harder to tell, since there are few details of this product available. In fact, given that this product has been announced almost a full year before its planned Read More...
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