X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 weighted averages


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


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

Documents related to » weighted averages

Achieving Effective Inventory Management


In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These challenges, combined with customer demands for product availability, can conflict with operational goals of increasing inventory turnover and minimizing costs. However, business automation software can deliver sophisticated distribution capabilities designed to help you with these important business issues.

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

TEC Case Study: Corona


Following several acquisitions, Colombia-based ceramics manufacturer Corona found itself with multiple enterprise resource planning (ERP) systems to manage. To find a single ERP solution that was suitable for all of its facilities, and would integrate with its existing business software, Corona turned to Technology Evaluation Centers (TEC). Learn how TEC’s selection methodology helped Corona choose the right ERP software.

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

Paradoxes of Software Estimation


Software development has spawned an independent industry in its own right. But the processes of asking for service, offering service, and pricing are all somewhat haphazard. Perhaps it's time to focus efforts on resolving the key paradoxes of software estimation.

weighted averages  a simple average, a weighted average (simple or complex), a moving average, a statistical mean, a statistical mode, and a statistical median. How do we compute the probability of success (or risk of failure)? Which of the probability distributions do we use? Normal, binomial, Poisson, beta, gamma, or t-distribution? The general practice is to use normal or beta distributions, but there are concerns about their suitability. Conclusion The purpose of this discussion is to bring to the surface all the Read More

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 natively), Strategic Systems International (SSI) has longstanding partnerships with several best-of-breed specialists.

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

CRM Selections: When An Ounce Of Prevention Is Worth A Pound Of Cure Part Two: Using A Knowledge Base To Reduce The Time, Risk And Cost Of A CRM Selection


Using a knowledge base in the selection process can reduce the time, risk and cost of procuring technology. Well constructed knowledge bases that are used in a tested selection methodology reduce the RFI process from months to weeks, eliminate data quality issues and allow an apples to apples comparison of vendor offerings.

weighted averages  and numerical equivalents. The Weighted Average is the sum of the weight (x) the numerical equivalent of the rating for each end level criterion. The BestMatch Factor is a metric that uses patented algorithms to identify the risk associated with inconsistent vendor ratings across the model. The BestMatch Factor reduces the Weighted Average by an amount that is relative to the variability of the vendor's ratings across the model. For example, if two vendors have the same Weighted Average but Vendor A's Read More

Welcome to the CRM Mid-Market Abyss-PeopleSoft


As the market shifts from sophisticated enterprise CRM implementations to the more competitive and overcrowded mid-market-large enterprise vendors tend to step on mid-market vendor's toes. The real concern is to determine whether the mid-market cultural and functional differences are well understood and acted upon or do the large players simply offer a smaller mockup of their existing enterprise solutions. This article, which evaluates the PeopleSoft mid-market CRM solution, is the first of a series of research articles that focus on the mid-market applications provided by large CRM vendors.

weighted averages  less burdened with heavily weighted legacy systems, integration should be less cumbersome. From the integration side, the PeopleSoft Accelerated CRM could easily integrate other PeopleSoft back-office systems like the supply chain management, financial applications, and human resources systems. PeopleSoft also provides APIs (application program interface) for other back-office systems integration. The PeopleSoft Accelerated CRM solution covers a myriad of process areas like help desk, marketing, portal, 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 reported a net loss for the quarter of $4.8 million, or $0.17 per share.

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

A Case Study and Tutorial in Using IT Knowledge Based Tools Part 2: A Tutorial


This tutorial, part 2 of a two part series on Knowledge Based Selection, demonstrates the selection processes and capabilities of Knowledge Based Selection Methods and Tools. These tools, integrated with business decision making procedures, can arguably reduce selection risk and improve chances for success in IT projects. Given the appalling rate of IT project failures, selection can potentially help reduce risk in some 30% of cases, with an associated estimated cost of about $30B annually to industry according to some sources. In this tutorial, we illustrate a number of the procedures for rapid decision processing through the real-life selection of a PDA device. The process gave confidence to the argument to wait for the solution, while weighing risk against return.

weighted averages  iPAQ has the highest weighted average value all the way round, and the Jornada only achieves near-parity when the lower priority criteria are included. I can interpret this as the iPAQ having more of what is important to me. Figure 2. How the decision appears when lower priority criteria are neglected. At 11 o'clock in the spider, all the criteria are included in the decision. Going counterclockwise, more criteria are excluded. At twelve o'clock, we're basing our decision solely on Basic Supported 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 recent surge in the federal and defense markets. Conversely, those vendors and their users--government contractors--who can deliver comprehensive solutions that satisfy the requirements of federal agencies are in the driver's seat to capture that market segment.

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

Demand-driven Versus Traditional Materials Requirement Planning


Material requirements planning is a system that strives to plan replenishment just before a withdrawal from stock, which does not work in some manufacturing environments.

weighted averages  driven Versus Traditional Materials Requirement Planning The Realities of Manufacturing Today Nowadays, manufacturers are increasingly subject to massive pressures to drive down costs and increase efficiency. However, these pressures often invalidate the traditional materials requirements planning (MRP) batch-based manufacturing planning and product costing approaches. Moreover, companies struggling to serve their customers using purely traditional MRP methodology are often unable to meet the Read More

Keep Your IT Projects Focused with TEC’s Evaluation Centers


Here at TEC, we spend a lot of time talking about how easily software selection projects can go wrong. One mistake we see over and over is that companies fail to properly define their functional and technical requirements—the things that their new software must do and support. That’s a big problem—because accurate, well-defined requirements are a critical part of any selection project. Get them

weighted averages  ebestmatch can supplement traditional weighted-average-based analysis with the BestMatch Factor—a patented computation that analyzes not only how well a solution matches your requirements, but also how closely it hews to your priorities. With ebestmatch, it is also possible to do a “value analysis” that tells you which solution offers the closest match to your requirements for the price, and shows you how other vendors would have to adjust their pricing to stay competitive. How Does This Help Keep Read More

Supply Chain Commerce Vendor Manhattan Broadens TMS Reach


Atlanta, Georgia-based Manhattan Associates is a renowned provider of supply chain management (SCM) solutions, and has deep roots in supply chain execution (SCE), and a leading position in the realm of warehouse management systems (WMS). Manhattan has also added many new capabilities to its portfolio throughout the years, such as transportation management (TMS), supply chain planning (SCP), and omni-channel enterprise order management. These capabilities have been “all the rage” and a new growth engine of late, causing Manhattan Associates to rebrand itself as a “supply chain commerce solutions” provider.

weighted averages  Chain Commerce Vendor Manhattan Broadens TMS Reach Atlanta, Georgia-based Manhattan Associates is a renowned provider of supply chain management (SCM) solutions with an impressive array of profitable and growth quarters (20 or so in a row). The company has deep roots in supply chain execution (SCE), and a leading position in the realm of warehouse management systems (WMS), but Manhattan has also added many new capabilities to its portfolio throughout the years, such as transportation management 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 brand has been discontinued), SYSPRO should certainly give other incumbent mid-market players and intruders a run for their money.

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

Mindjet and Spigit to Merge Their Innovation Wares


My recent blog post discussed the increasing need for enterprise innovation management (EIM) software covering all of the innovation lifecycle stages, from strategic innovation planning via ideation and product portfolio management (PPM) and optimization to execution. In a recent survey conducted by Bain @ Company, two-thirds of executives at companies generating over $100 million in revenue named

weighted averages  views, votes, approval ratings (weighted by reputation) and evaluations. In essence, it lets you know the popularity of an idea rather than a simple metric of number of votes. In 2012, Inc. Magazine listed Spigit as the number one fastest growing private software company in California and the fourth fastest growing company in the private software sector in the United States. Spigit continued to build upon its momentum in 2013 with record revenue growth. However, Spigit had been focused on the standalone Read More