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HRMS Showdown: Lawson S3 Human Capital Management versus Vista HRMS from PDS
I'm Sherry Fox, human resources (HR) research analyst and manager of Technology Evaluation Centers’ Research Analyst Group. Welcome to this month’s enterprise

weighted averages  do nicely. Figure 2. Weighted averages (WA) for HRMS evaluation (broken down by module) However, if we drill down further into the submodules of the HRMS Evaluation Center, you can see where these two solutions start to differ. In the area of Personnel Management , PDS's Vista HRMS is clearly a winner in the Organizational Structures , Career Development and Training, Management of Rewards , and Government and Compliance Reporting submodules. When it comes to the Profile of Personnel submodule, Lawson S3 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 » weighted averages


Impressive Enterprise Resource Planning Solution Gets A Little Help From Its Friends
Despite impressive product depth and breadth (for instance, customer relationship management [CRM], workflow, traceability, and quality management are provided

weighted averages  algorithms, including moving averages, weighted moving averages, and exponential smoothing with trend analysis and seasonality options. Manual adjustments can be electronically recorded, together with user comments in the meeting (or conferencing) comments facility to collaboratively support changes. Adjustments to future demand can also be made so that promotional or marketing events can be added to the underlying demand by product. The net result should be reduced risk, leading to improved service Read More
Your Guide to Enterprise Software Selection: Part Two
Enterprise software selection is a risky undertaking. Even after you’ve determined your requirements, the crucial software assessment and negotiation phases are

weighted averages  the risk of using weighted averages alone, which can often mislead users into selecting products that do not closely match their requirements, since weighted averages can conceal product performance inequalities. ( Click here for larger version ) Figure 2: Weighted average versus weighted average composite index (WACI) Phase 3: How to Negotiate and Make a Final Selection The first two phases narrowed the field down to the final two or three vendors best suited to provide the functionality you require. Read More
TEC Case Study: Corona
Following several acquisitions, Colombia-based ceramics manufacturer Corona found itself with multiple enterprise resource planning (ERP) systems to manage. To

weighted averages  range of solutions. Using weighted averages and TEC's weighted average composite index (WACI) , based on the users' priorities, makes it easy to determine which solution offers the best match for a company's functionality requirements. First, using the RFI spreadsheets as a basis, TEC helped Corona define and prioritize its requirements for various manufacturing processes, including order-to-cash, plant maintenance, design-to-deploy, and financial processes. Another requirement for the ERP system was Read More
Achieving Effective Inventory Management
In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These

weighted averages  calculation of demand forecasts. Weighted Average Forecasting Most distribution software packages calculate forecasted demand for products using techniques such as the rolling average method or exponential smoothing. The rolling average method averages the usage recorded in the past several (typically six) months. Starting with a usage history as shown below, calculate a forecasted demand for July by averaging the usage recorded for this product over the preceding six months:   January February March Read More
Lose the Starry Eyes, Analyze: Reviewing the Ideal Candidate for a Pronto Solution
This is an examination of Pronto Software's ERP solution. By looking at how areas where the Pronto product fulfills a large portion of selection criteria

weighted averages  line shows every module weighted such that the modules are equally important to the product's functionality, while the solid line shows how much each of the Pronto modules contribute to the product's functionality. Figure 1. From a high-level it seems Pronto provides near-equal support for each group of criteria. The two areas that appear the least well-supported are in product technology and human resources . If you were to set the benchmark as your company's requirements for a group of criteria, you Read More
E2open Launches E2 Rapid Resolutions
E2open, a provider of cloud-based solutions for collaborative execution across global trading networks, recently announced the addition of E2 Rapid Resolutions

weighted averages  alternatives scored to user-defined, weighted priorities. The solution can identify actual and predicted disruptions to determine the scope and impact and separate what is important from simple noise. E2 Rapid Resolutions then prescribes resolution options based on operational and financial priorities. Considerations include customer service levels, cost to serve, alternate sources of supply, and shipping mode/lane alternatives. Then, and this is important to note, E2open can directly execute the Read More
Software Selection: An Approach
Selecting package software can have long-term benefits or long-term regrets. To avoid the latter, your approach needs to be sound, logical, and prudent. It also

weighted averages  more important the criterion. Weighted criteria are an attempt to promote an objective and unbiased scoring of vendor proposals. Note that these criteria, not the ranking, are shared with the vendors. Ranking of the criteria must be approved by the steering committee. The rankings should also be shared with department executives so that they have an appreciation of the methodology and objectivity. Identify Vendors and Issue RFP There are several sources for identifying potential vendors. A survey of the Read More
ERP Selection Facts and Figures Case Study - Part 2: Qualitative Assessments and Analysis
This is part two of a note describing an opportunity TEC had to evaluate and compare the four top ERP vendors for a client. Each vendor’s offering differed in

weighted averages  how those categories were weighted. Each vendor's bars sum to zero. Figure 11. Strengths and Weaknesses Graph User Recommendations  The client used the preceding results and analyses to make an ERP selection decision as part of TEC's selection process. When beginning a selection process it is important to keep the following in mind: Auditing the selection process is vital. Auditing the process allows the client to hold the winning vendor to specific claims made throughout the selection at the time of Read More
ERP for Distribution: See for Yourself How the Competition Stacks Up
Technology Evaluation Centers (TEC) is proud to announce the TEC Vendor Challenge—ERP for Distribution. The Vendor Challenge event is for distributors

weighted averages  the first scenario, I weighted all modules within supply chain management equally. All modules were considered to be “Must Haves” in my software selection.  Below is a graph showing the results for this scenario (click on graph for a larger image). Supply Chain Management – Scenario 2 For the second scenario, I wanted to see what would happen if I didn’t need international trade logistics capabilities, so I set this module’s priority to “No Need” and then re-ran the numbers.  Below is the Read More
SYSPRO - Awaiting Positive IMPACT From Its Brand Unification
By further perfecting its mid-market value proposition and by also unifying its corporate and product brands (i.e., often conflicting IMPACT Encore product

weighted averages  for businesses. On a weighted average rating system applied to all responses, SYSPRO earned the highest overall ranking, especially when also considering systems with 50 employees and above. The survey respondents represented a balance of small, medium and large manufacturers in Make to Order (MTO), Engineer to Order (ETO), Job Shop, Process and Mixed-Mode manufacturing environments. SYSPRO also had the highest number of respondents in four of the five areas. Material Yield System On December 5 2002, Read More
Pricing Management in a Down Economy -- Part 1
Not long ago, I wrote about the pricing management and optimization software market, and in particular depth about two bullish vendors and fierce competitors in

weighted averages  Management in a Down Economy -- Part 1 Not long ago, I wrote about the pricing management and optimization software market , and in particular depth about two bullish vendors and fierce competitors in the business-to-business (B2B) manufacturing and distribution segments:  Zilliant and Vendavo . Look for similar write-ups down the track on DemandTec , Symphony Metreo , and on the Servigistics pricing solution (whereby the last will focus solely on spare parts pricing and planning ). While I do Read More
Federal Contract Management and Vendors' Readiness Part Three: Meeting Federal Requirements
Companies that are not already offering the capabilities of meeting the exacting, stringent requirements of federal agencies will likely not be able to tap the

weighted averages  lot number, inventory quantities, weighted average costs, and the last inventory adjustment date. The MRO companies also have very stringent requirements they must meet regarding tracking parts and condition codes. This functionality allows for demand by item condition to be matched against inventory by item condition, and it also allows for inventory management and MRP-based supply planning by condition code. While these functionalities may sound ordinary and appear to be offered by many vendors as Read More
E-commerce Grass Getting Greener
Two recent studies on the growth of business over the Internet agree that growth is still strong. The studies contain information about infrastructure growth

weighted averages  commerce Grass Getting Greener Event Summary A study from the Center for Research in Electronic Commerce at the University of Texas at Austin shows significant growth in all layers of the Internet. The study looked at the Internet economy at the Infrastructure, Application, Intermediary and Commerce layers. Comparing the first quarters of 1998 and 1999, it found an overall growth rate of 68 percent, from $64 billion in Q1 1998 to $108 billion in Q1 1999. The Infrastructure layer, consisting of ISPs and Read More
Manugistics Posts Third Quarter Loss But Sees License Growth
Manugistics Group recently reported a 35% increase in third quarter license revenues to $14.6 million, a result of signing a number of new clients. The company

weighted averages  Posts Third Quarter Loss But Sees License Growth Manugistics Posts Third Quarter Loss But Sees License Growth S. McVey - January 5th, 2000 Event Summary Manugistics Group recently reported revenues and earnings for its third fiscal quarter ended November 30, 1999. License revenue increased for the first time in five quarters, rising 35% over last quarter to $14.6 million. Manugistics attributes the increase to the signing of several new clients, including BASF, BMW AG, and Heilig-Meyers Company. Read More
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