Forecasting Functions & Features

Functionality covered Conducts simulation to test policies;Uses beta factor to resolve forecasting errors;Compares actual service levels to service levels specified in policies;Generates initialization and control reports to create and evaluate forecasts;Generates initialization or simulation reports for safety stock;Imports forecast data from spreadsheet;.. Forecasting Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Forecasting Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

complete response from each ERP software vendor
deep and accurate evaluation of submitted ERP proposals
impartial side-by-side comparison of ERP solutions evaluated
rational and documented selection of the best matching ERP system

The ERP software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the ERP solutions from scratch.

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The Forecasting Functions & Features comprise the following elements:

Conducts simulation to test policies
Conducts simulation to test policies, Forecasting Functions & Features
Uses beta factor to resolve forecasting errors
Uses beta factor to resolve forecasting errors, Forecasting Functions & Features
Compares actual service levels to service levels specified in policies
The ability to compare the service level being achieved with the service level that is targeted Compares actual service levels to service levels specified in policies, Forecasting Functions & Features
Generates initialization and control reports to create and evaluate forecasts
Generates initialization and control reports to create and evaluate forecasts, Forecasting Functions & Features
Generates initialization or simulation reports for safety stock
Generates initialization or simulation reports for safety stock, Forecasting Functions & Features
Imports forecast data from spreadsheet
Imports forecast data from spreadsheet, Forecasting Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

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