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 exponential smoothing


Achieving Effective Inventory Management
In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These

exponential smoothing  these early weighting techniques, exponential smoothing proved the most accurate. Exponential smoothing places a certain weight on the usage recorded in the previous month. It also places another weight on the forecasted demand for that month. The result is that the effect on forecasted demand of each month's usage history decreases over time. For this reason, exponential smoothing often calculates a more accurate forecast than the rolling average method. The weighted average method in Sage MAS 500

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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.

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Documents related to » exponential smoothing

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.

exponential smoothing  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 levels and optimized inventory levels, and Read More

Best Practices of the Best-run Sales Organizations: Sales Opportunity Blueprinting


To move your sales team to the next level, you need to find answers to several questions. For example: How do you determine which customers provide the best opportunity for a successful sale? Can you develop and present a comprehensive view of your value position to a prospect? What is the role of IT in driving a best-run sales organization? Find out how leading companies have answered these questions—and how they excel.

exponential smoothing  best practices to achieve exponential results. This SAP Executive Insight looks at leading-edge companies and examines how they excel in areas where most sales organizations struggle. To move your sales team to the next level, you need answers to the following: How do you determine which customers provide the greatest opportunity for a successful sale? Can you develop and present a comprehensive view of your value position to a prospect? How do you drive sales activity to ensure optimal coverage? What is Read More

The Convergent Mediation Solution--Competitive Advantage Enabler


The notion of having disparate mediation systems in today’s service oriented telecommunications industry is no longer valid. The accurate and timely knowledge of customer information, such as usage patterns, preferences, spending habits and duration can provide competitive advantages to service providers. Learn about convergent mediation systems that can support multiple service types (voice, data, content) in this white paper.

exponential smoothing  can increase at an exponential speed. Having separate mediation systems for each service type may be sufficient to direct usage traffic, but it is no longer economically feasible to meet the punishing performance, reliability and scalability pressures associated with a growing base of customers. The need for a convergent mediation system that can support multiple service types (voice, data, content) is very much apparent these days. In such challenging environments, a robust and flexible convergent Read More

A Modern Tale of Long (Supply Chain) Tails -- Part II


Part I of this blog series introduced the notion of long tails in modern supply chains. That blog post also introduced the vendor ToolsGroup and its solution for planning and optimizing finished goods in distribution environments. So, How Does ToolsGroup Solve the Distribution Puzzle? Most of the benefits are driven here by the distinctive Stock Mix Optimization capability that has delivered

exponential smoothing  the poisson, normal or exponential distribution models), see this brochure . It is apparent from there that STS curves reach higher service levels (measured in percentages) at significantly lower average stock levels (measured in periods). In addition to the above-mentioned capabilities and the largest installed base, domain experience and recently acquired brand new customers in distribution-intensive verticals such as food, consumer packaged goods (CPG), durables, retail/wholesale, aftermarket parts, Read More

One-on-One with BPM Vendor K2’s Executives


TEC recently spoke with the top executives of business process management (BPM) vendor K2 to get an insider view of the company’s mission and vision for the future.

exponential smoothing  super low to an exponential value/ROI—that is where the magic is. Alternatively, there are business process applications that can achieve immediate ROI while driving a process over the long term within a functional or process area (case management, inventory approvals, time and reporting, etc.) and address the business requirements.   We believe the days of “transformational business process,” which require an army of services consultants and years of design to attain a multi-year ROI/breakeven Read More

ToolsGroup-Going Back to Its SCP Roots


What has ToolsGroup, the expert in demand-driven SCP, been doing to address demand and supply variability? Read P.J. Jakovljevic’s article and see how ToolsGroup has developed sophisticated software that analyzes demand history across multiple dimensions, enabling companies to obtain more accurate forecasts and inventory targets for driving outstanding customer-service levels with less global inventory in their supply chains.

exponential smoothing  the tail of an exponential probability distribution than observed under a “normal” (or Gaussian distribution), which is symmetrical in nature. In a vast majority of industrial sectors, planners have now to keep under control a much higher number of SKU locations, all characterized by a more volatile stochastic behavior, which is rather difficult to model. The typical “normal” (Gauss) distribution assumption can nowadays be used on a relatively small percentage of cases (from less than 5 percent Read More

Data Management and Business Performance: Part 1-Data


Research for one of my projects led me to ask both software vendors and customers about the factors most important to software users in the selection of a business intelligence (BI) solution. Two topics resounded: the use of BI tools to improve data management and business performance management. Consumers are continuously looking for innovative ways to move, store, and improve the quality of

exponential smoothing  have led to the exponential growth of data—resulting in massive amounts of data to be managed. Velocity . As data volume increases, so must the speed at which data is captured and transformed into its final form. This is crucial for time-sensitive businesses where operations and analysis come together (e.g., retailing and support center systems as well as systems based on real-time event analysis in the oil and gas industry or in manufacturing). Sophistication . With the increasing complexity of data, Read More

SAP Services 2014 Analyst Summit—Enhanced Offerings for Better Business Outcomes


In this era of unprecedented changes, such as rising customer expectations, dramatically changing workforce, worldwide pressure on resources, and the exponential growth of data, companies must invest heavily in technologies to innovate and grow their business. SAP has markedly enhanced a slew of offerings to help its clients adapt and succeed in this changing climate. Read P.J. Jakovljevic's write-up and see how your company can harness SAP's latest offerings to achieve better business outcomes.

exponential smoothing  on resources, and the exponential growth of data, companies must invest heavily in technologies to innovate and grow their business. SAP has markedly enhanced a slew of offerings to help its clients adapt and succeed in this changing climate. Read P.J. Jakovljevic's write-up and see how your company can harness SAP's latest offerings to achieve better business outcomes. Read More

Lucent's Octel for Microsoft Exchange


Lucent's Octel unified messenger uses a text-to-speech conversion engine for transmitting e-mails over a standard telephone line.

exponential smoothing  storage will grow at exponential rates, given that a one-minute voice-mail message will take up 240 times more disk storage space than a one-page e-mail. Lucent Octel's clients are not implementing the Unified Inbox on a corporate wide level, but for specific departments comprised mainly of remote users in order to reduce implementation costs. Lucent must develop a compression method to improve on the 240K per minute storage requirements. Vendor Recommendations Lucent should collaborate with a well-known Read More

Ariba Successes Highlight Standards Wars


California based Ariba saw its stock rise 20% (by 17.88 points to 107.88) on August 11, with continued rises into the low 120's for the rest of the week.

exponential smoothing  Successes Highlight Standards Wars Event Summary California based Ariba saw its stock rise 20% (by 17.88 points to 107.88) on August 11, with continued rises into the low 120's for the rest of the week. Ariba (ARBA) is a provider of Internet procurement products and services. The jump followed closely on partnership announcements with vendors in the electronics (NetBuy) and print (Impresse) sectors. It is not necessarily the case that these agreements sparked the price increase, but putting them Read More

PeopleSoft Gathers Manufacturing and SCM Wherewithal Part Four: Challenges and User Recommendations


PeopleSoft manufacturing customers and J.D. Edwards customers in service industries should assess the vendor's product plans given these customers might benefit if PeopleSoft shares functions between the product sets.

exponential smoothing  Gathers Manufacturing and SCM Wherewithal Part Four: Challenges and User Recommendations Challenges This article analyzes whether an array of recent PeopleSoft , Inc. (NASDAQ: PSFT), moves will finally and lastingly establish it as a serious contender in the manufacturing enterprise resource planning (ERP) and supply chain management (SCM) space. These moves are discussed in detail in Part One of this note. In a nutshell, we have been looking positively at PeopleSoft's mega acquisition of J.D. Read More

A Consolidated Archive Storage Array for Compliance and Retention


Reliance on enterprise data is growing at exponential rates. And thanks to internal processes and legal requirements, the period of time that data must be retained is increasing—as is the cost of retaining the data itself. As storage needs grow, the cost of deploying siloed storage systems is becoming unmanageable. Find out how consolidating resources can translate into bottom-line savings for your enterprise.

exponential smoothing  data is growing at exponential rates. And thanks to internal processes and legal requirements, the period of time that data must be retained is increasing—as is the cost of retaining the data itself. As storage needs grow, the cost of deploying siloed storage systems is becoming unmanageable. Find out how consolidating resources can translate into bottom-line savings for your enterprise. Read More

Pull vs Push: a Discussion of Lean, JIT, Flow, and Traditional MRP Part Two: Challenges and User Recommendations


While lean/flow leverages practices to stay ahead of actual demand, traditional approaches better coordinate secondary, back-office systems like accounting and HR. Moreover, flow should be a company-wide strategy that impacts more than manufacturing.

exponential smoothing  vs Push: a Discussion of Lean, JIT, Flow, and Traditional MRP Part Two: Challenges and User Recommendations Challenges Still, while some tout that flow manufacturing principles can be implemented successfully, regardless of the industry, type of manufacturing environment, or product volumes, the concept has not been everything to all people so far. It is still challenging or even unsuitable to use in a jobbing shop producing highly configure-to-order (CTO) or engineer-to-order (ETO) products with high Read More

Six Mistakes Companies Are Making Today and How You Can Avoid Them


When the economy slows, many businesses react by retrenching and cutting costs. While cost reduction is important, companies often overlook equally critical strategic decisions—opportunities to use business information to strengthen product and service offerings and emerge ahead of the competition. Find out how you can use business intelligence (BI) to avoid the most common mistakes companies make in a down economy.

exponential smoothing  7 Essentials to Achieve Exponential Growth, you may need to perform a competitive analysis to determine how your gross margins compare to industry averages. If you find that your product costs are too high, you'll need the ability to further investigate costs throughout the supply chain and seek areas to optimize systems and processes, notes Thomson. Even if your gross margins are better than average, expenses may be high. For example, Thomson found that leading companies carefully manage expenses in Read More