Elevating Your Procurement Organization from Knee-jerk Reactions to Predictive Analytics

For most companies, chief procurement officers (CPOs) need to maximize savings, focus on sustainability, manage supplier performance, and minimize supplier risk to ensure supply chain continuity. To do all this, CPOs are turning to procurement analytics—to identify areas of low performance, optimize procurement functions, and reduce costs. Know a four-step process to help you deploy and configure a procurement analytics program.

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Why Enterprise Resource Planning Software Is Your Best Business Intelligence Tool

  • Source: IFS
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If a business is going to successfully operate competitively, it needs to expand its analytics processes beyond the rear-view mirror. In-context analytics derived from both historical information and real-time data provides more accurate and intuitively structured intelligence. Accessing this information through a built-in BI tool within an ERP environment enhances the process and empowers users to improve business outcomes in real time. Read More

FinancialForce Supply Chain Management: Manage Your Supply Chain Processes in One Unified App

Built on the Salesforce Platform, FinancialForce SCM helps manage a company’s entire supply chain processes from order to procurement and back to inventory, in a single closed-loop process. This application aims to improve efficiency in acquiring, managing, and selling goods and services, through visibility, automation, and control. This data sheet identifies some supply chain challenges and the functionality FinancialForce SCM offers to address them. Read More

How Do Your BPM Metrics Measure Up?

While many business process metrics are “inside-out,” focused on efficiency, it can also be useful to look at them from the “outside-in,” focused on successful business outcomes. Accurate, relevant metrics are becoming increasing important to companies seeking to make smarter business decisions. As John Dixon, a Gartner Inc. research director, says: “BPM without metrics is just a shot in the dark.”

With the scope of process widening beyond traditional organizational boundaries to large-scale... Read More

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Transform Your Future with Predictive Insight

  • Source: SAP
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High-performance companies use predictive insight to identify untapped opportunities and expose hidden risks buried inside vast amounts of data. Take a look at this infographic from SAP to see how other companies view predictive analytics and learn what it can do for your organization. Read More

Predictive Analytics for Business Advantage

  • Source: TDWI
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Today, predictive analytics is used mostly in marketing and sales for help in retention, cross-sell/upsell, and direct marketing efforts. But change is coming, and in this infographic from TDWI, learn how organizations are planning to use predictive analytics in new ways.  Read More

Predictive Analytics—Improving Performance by Making the Future More Visible

This research report details the outcome of a study conducted by Ventana Research to determine the attitudes toward and utilization of predictive analytics by today’s businesses. It investigates the practices and needs of individuals and organizations and the potential benefits from improving existing processes, information, and systems. Find out how your organization can make use of predictive analytics to improve business performance. Download the report.  Read More
 
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