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Thinking Radically: Dr. Morten Middelfart, CTO of TARGIT
In 1997, TARGIT acquired Morton Systems, a company founded by Dr. Morten Middelfart and devoted to providing business intelligence (BI) and analytics solutions.

benefits of critical thinking  BI? What are the benefits of using them? MM. The most important message with regard to sentinels is that they are easily discovered and applied by end users who need not have any particular data mining knowledge. The fact that a complex data mining algorithm can be embedded and allow an organization to achieve a competitive edge by “seeing” changes before they happen is a very good example of how human–computer synergy can be achieved. There is simply no way that casual users would be able to Read More
Business Process Outsourcing (BPO)
Business process outsourcing (BPO) services manage critical front- and back-office processes that can include human resources and accounting as well as customer-related services such as contact cen...
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Documents related to » benefits of critical thinking


Critical Business Functions: Misunderstood, Underutilized, and Undervalued Part Two: Closing the Circle of Credit and A/R Management
Using credit and A/R management as a sales tool requires defining goals and measuring results. Determining the competitive landscape and using A/R management

benefits of critical thinking  understand the potential business benefits of credit and A/R management. We have to be careful what we ask for. Keep using DSO and percent bad debt to measure the performance of your credit function and what you will get is risk management. Tell your people that they are collectors and you shouldn't be surprised if they go out and get a tattoo or have a body part pierced and come back with an attitude. On the other hand embrace a credit management philosophy that seeks profitability, that defines Read More
Thinking Radically about Data Warehousing and Big Data: Interview with Roger Gaskell, CTO of Kognitio
Managing data—particularly in large numbers—still is and probably will be the number one priority for many organizations in the upcoming years. Many of the

benefits of critical thinking  of companies about the benefits of high-performance analytics and have seen a wide range of applications that have been built on top of the database. 3.    What are, in your view, the two most important advances to date in the data warehouse and BI space? The number one advance to date is massively parallel processing, or MPP. Without it we could not possibly cope with the ever-increasing data volumes and analytic complexity that business applications command. While Moore’s Law , which dictates that Read More
What Are the Real Benefits of Vertical Integration in a Retail Supply Chain?
This year I was invited to SCOPE East, a peer led conference focusing on supply chain issues from strategic, tactical, and operational points of views. At this

benefits of critical thinking  Are the Real Benefits of Vertical Integration in a Retail Supply Chain? This year I was invited to SCOPE East , a peer led conference focusing on supply chain issues from strategic, tactical, and operational points of views. At this conference, I was able to attend multiple educational tracks ranging from retail to consumer goods. One of the tracks that got my attention was about vertical integration in the retail supply chain presented by luxury goods retailer and manufacture Tiffany & Co. Read More
Challenges of the Future: The Rebirth of Small Independent Retail in America
By any measure, retailers are overwhelming small businesses. More than 95 percent of all retailers have only one store. Almost 90 percent have sales less than

benefits of critical thinking  speaks to the perceived benefits of small independent retail. However, protectionism from increased competition has often proved unproductive. First, consumers will find their way to where they want to shop big box, specialty store, or national chain. Secondly, trying to stop new development often becomes a major distraction for the small retailers when they should be spending time thinking about their own business and improving their downtown or neighborhood shopping areas. TREND:Health care costs The Read More
Four Critical Steps on the Road to Successful Retail Promotions
Retailers stand to gain significantly by implementing critical strategic changes to the promotional advertising aspects of their business. These changes can

benefits of critical thinking  Critical Steps on the Road to Successful Retail Promotions Retailers stand to gain significantly by implementing critical strategic changes to the promotional advertising aspects of their business. These changes can include integrating disparate promotions-related processes and merging existing data stores with creative systems, as well as creating expedited advertising in real time—thus extending the marketing reach of their promotions. The direct result: more efficient and effective promotions. Read More
WorkWise's eWarehouse provides Groschopp with added control of the entire life cycle of its inventory
Groschopp initially purchased TCM in 1994 and subsequently expanded its usage to over 40 TCM licensed users and 12 data collection users. Groschopp has

benefits of critical thinking  s eWarehouse provides Groschopp with added control of the entire life cycle of its inventory Groschopp initially purchased TCM in 1994 and subsequently expanded its usage to over 40 TCM licensed users and 12 data collection users. Groschopp has evolved into an expert user of the entire suite of TCM applications, including MRP, MPS, and Shop Floor Control with complex scheduling. One of their main objectives was the ability to bin track and optimize inventory, leading both to cost savings and also Read More
Quality of Service for Next-generation Voice Over IP Networks
In order to support the requirements of voice deployments, next-generation networks must be capable of supporting a service equivalent to the existing public

benefits of critical thinking  of Service for Next-generation Voice Over IP Networks In order to support the requirements of voice deployments, next-generation networks must be capable of supporting a service equivalent to the existing public switched telephone network (PSTN), in terms of reliability. Furthermore, these networks must be capable of carrying voice services even under heavy load, while maintaining the integrity of the voice calls, under even the most extreme circumstances. Read More
The Best-of-class Strategy Makes a Return in the Cloud Era
Irrespective of technology and choice of deployment method, companies must remain versatile in their strategies and operations to stay competitive. This report

benefits of critical thinking  Best-of-class Strategy Makes a Return in the Cloud Era Irrespective of technology and choice of deployment method, companies must remain versatile in their strategies and operations to stay competitive. This report takes a look at one financial solution that enables the financial executive to have a no-compromise approach to financial modeling and applications choice; i.e., adding, keeping or changing business applications without losing control or increasing the risk of non-compliancy. Read More
Instead of Discounting, Back Some Value Out of Your Proposal
Last minute discounting has become so prevalent that many companies have come to depend on it as their default sales strategy. Employing a go-to-market strategy

benefits of critical thinking  of Discounting, Back Some Value Out of Your Proposal Introduction Last minute discounting has become so prevalent that many companies have come to depend on it as their default sales strategy. Employing a go-to-market strategy of being the lowest cost provider is one thing, but dramatic, tactical discounting on every deal will erode your company's margins and leave you digging a deeper and deeper hole in which your company will ultimately bury itself. I don't want to give you the impression that Read More
The Impact of CRM and Sales Process: Monetizing the Value of Sales Effectiveness
To work through all the issues necessary to improve sales performance, executives have a number of options for leveraging people and knowledge. However, an area

benefits of critical thinking  Impact of CRM and Sales Process: Monetizing the Value of Sales Effectiveness To work through all the issues necessary to improve sales performance, executives have a number of options for leveraging people and knowledge. However, an area that shows significant potential for helping sales teams meet or exceed their goals is the effective alignment of sales process and technology. Executives looking to optimize performance should consider this approach to achieve their goals. Read More
Protecting Critical Data
The first step in developing a tiered data storage strategy is to examine the types of information you store and the time required to restore the different data

benefits of critical thinking  Critical Data The first step in developing a tiered data storage strategy is to examine the types of information you store and the time required to restore the different data classes to full operation in the event of a disaster. Learn how in this white paper from Stonefly. Read More
Bank of America
Bank of America is a multinational banking and financial services company. It has a retail banking footprint that covers approximately 80 percent of the U.S.

benefits of critical thinking  of America Bank of America is a multinational banking and financial services company. It has a retail banking footprint that covers approximately 80 percent of the U.S. population and serves approximately 57 million consumer and small business relationships at 5,600 banking centers and 16,200 automated teller machines (ATMs). Read More
Evolving Business Application Preferences, Part 1: Best-of-breed or Suite?
Do executives prefer to purchase business applications as part of an integrated suite or as part of a best-of-breed approach? Are there differences by software

benefits of critical thinking  Business Application Preferences, Part 1: Best-of-breed or Suite? Do executives prefer to purchase business applications as part of an integrated suite or as part of a best-of-breed approach? Are there differences by software category? By region? By company size? How have these preferences changed over time? What are the implications for users and vendors of business applications? Get the answers to these and other questions in this Strategic Perspective from Saugatuck Technology. Read More

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