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ITIL v3: Supporting the Evolution of IT Effectiveness for Improved IT Operations
IT is often characterized as distinct groups pursuing individual agendas and launching disconnected initiatives to increase operational efficiencies. To

pit optimization  expertise of a trained pit crew to maintain it during the race and after. But what if the car is inadequately designed to begin with? Or, what if the strategic requirements change to, say, off-road racing? A stock car team that is focused on operations and divorced from the strategy, design, build, finance and test phases can do little to address these challenges. In the same way, an effective IT team in the business world needs to link strategy, applications and operations across the service lifecycle 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 » pit optimization


Ektron
Founded in 1998, Ektron is a Web solutions provider focused on Web content management (WCM), marketing optimization, intranet, social, and mobile solutions

pit optimization   Read More
Pricing Management Vendor Must Show Proven Payback from Clients
Vendavo’s recent growth is due to its reseller partnership with SAP, and the segmentation and optimization functionalities of its pricing solutions. But the

pit optimization  Management Vendor Must Show Proven Payback from Clients Vendavo ’s reseller partnership with SAP in providing a price and margin management (PMM) solution has proved to be of benefit to both companies. Vendavo alone has experienced recent strong growth, more than doubling its customer base. Vendavo’s contribution to this lucrative reseller partnership involves the functionalities of three modules in particular: the Vendavo Profit Analyzer , the Vendavo Price Manager , and the Vendavo Deal Read More
Retail Systems: A Primer
The core components of a retail information system are inventory management, inventory optimization, revenue management, sales management, and reports and

pit optimization  recognition than their acronyms. Despite their relative anonymity, these systems, also known as retail ERP systems, are the enterprise back-office software solutions upon which the majority of retailers rely to manage and to support their daily tasks. The following article provides an overview of both retail and the core and non-core areas of retail ERP systems. Retail Overview The retail industry evolved from merchants selling goods to local villagers, to the opening of stores by small business owners, Read More
ServiceMax
ServiceMax optimizes end-to-end field service operations including workforce optimization, advanced scheduling and dispatch, parts logistics, inventory and

pit optimization   Read More
The Art, Science & Software Behind (Optimal) Retail Pricing - Part 5
Part 1 of this series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series

pit optimization  Art, Science & Software Behind (Optimal) Retail Pricing - Part 5 Part 1 of this series  expanded on some of TEC ’s earlier articles about companies’ need for better pricing management and optimization practices. This series, which focuses on the complexity of  pricing  and  promotions  in  retailing , was  inspired by JDA Software ’s recent “edu-nouncement” on leading retailers consumer-centric pricing and promotions strategies , and  by Revionics’ recent (and still ongoing) Read More
Dassault Systèmes Gets into Supply Chain via Quintiq
Dassault Systèmes announced its intent to acquire Quintiq, a provider of supply chain management (SCM) and operations planning and optimization software. This

pit optimization  CRM, SCM, MES, human capital management (HCM), etc. owning most of the users. When will other large PLM vendors accelerate their move into SCM and then CRM? I could see one of them even picking up Plex or NetSuite to embed cloud ERP into their suites. Read More
IBM Introduces Predictive Analytics Optimization to the Supply Chain
About the only thing that gets us more excited than analytics is predictive analytics, and so when we saw an IBM press release entitled

pit optimization  Introduces Predictive Analytics Optimization to the Supply Chain About the only thing that gets us more excited than analytics is predictive analytics, and so when we saw an IBM press release entitled IBM Introduces Predictive Analytics Software and Services that Forecast Asset Failure , we knew we had to ask some questions about a new IBM offering called Predictive Analytics Optimization  (PAO). TEC went right to the source, and spoke with IBM’s director of business analytics strategy, Erick Read More
Inventory Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions
Inventory Optimization software recognizes that different industries have different inventory profiles and requirements. Research has indicated that solutions

pit optimization  Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions The Case for an Inventory Optimization Solution Inventory Optimization solutions allow an organization to achieve a balance between the most efficient investment in inventory and highest customer service levels. One such misconception is that existing enterprise resource planning (ERP) systems can handle inventory management adequately. For small distributors not working in complex Read More
Sky
Sky, FieldOne's field service solution, supports interactive scheduling with optimization capabilities, resource and route planning, work order management

pit optimization  Sky, FieldOne's field service solution, supports interactive scheduling with optimization capabilities, resource and route planning, work order management, mobile task management, and reporting. The Sky routing module is an advanced, automated resource-routing engine (for agents and equipment). It provides automated dispatch, optimized routes and real directions, skill-based team assignment, and workload balancing. FieldOne supports any industry with a field service component. Read More
Using Supply Chain Design and Optimization to Reduce Inventory
Historically, companies have invested in tactical and operational supply chain technology solutions. These solutions helped model and operate existing supply

pit optimization  Supply Chain Design and Optimization to Reduce Inventory Historically, companies have invested in tactical and operational supply chain technology solutions. These solutions helped model and operate existing supply chains, without addressing overall supply chain design and strategy. Companies are increasingly turning to strategic solutions such as supply chain design and optimization (SCDO) to help satisfy customer demand while balancing limitations on supply and the need for operational efficiency. Read More
HireIQ Hiring Optimization Suite: Recruitment and Staffing Certification Report
The HireIQ product HireIQ Hiring Optimization Suite is now TEC Certified for online evaluation of recruitment and staffing solutions in TEC's Human Capital

pit optimization  solutions in TEC's Human Capital Management Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More
The Changing Requirements of WAN Optimization
Companies looking to drive greater IT performance will do well to begin their search with Wide Area Network (WAN) optimization, which has evolved into a

pit optimization  Changing Requirements of WAN Optimization Companies looking to drive greater IT performance will do well to begin their search with Wide Area Network (WAN) optimization, which has evolved into a complete system that provides deep, actionable visibility. Read on to learn how WAN optimization works across the broad range of applications that enterprises use the most, and get pointers for what to look for in a measurement tool in a WAN optimized environment. Read more. Read More
How Inventory Optimization Can Increase Your Profitability
One of the largest expenses for distributors and wholesalers is stock. Many have difficulty finding the perfect balance between ensuring products are available

pit optimization  One of the largest capital expenses for many distributors and wholesalers is stock. Finding the balance between ensuring products are available when customers need them and not holding too much, is business critical. However, most companies make these decisions without looking at the full picture. The critical point is accuracy. In order to get accurate forecasting the statistical forecast figures have to be based on requested demand rather than delivery statistics. In addition, casual factors such as Read More
Revionics Opens New Office in Austin, Texas
Apparently, retailers are now aggressively adopting demand-based science and optimization technology to personalize and localize pricing, promotions

pit optimization  Opens New Office in Austin, Texas Apparently, retailers are now aggressively adopting demand-based science and optimization technology to personalize and localize pricing, promotions, assortments, and space. Revionics seems to be benefiting from this trend. This is a greenfield opportunity as most retailers today are still using pesky spreadsheets or basic planning tools. With that being said, there is always competition, such as IBM DemandTec, SAS, or KSS. Pricing optimization is transformation Read More

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