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Successful Cross-channel Retailing: 4 Concepts to Master
Savvy retailers know that it’s not enough to simply develop different retail channels. You need to make sure they all work together to deliver a seamless and

example informative memo  your objectives. A good example of channel roadmapping is Amazon, a giant of e-tailing and master of long tail retailing. The organization is rumored to be planning to open a physical location (just one for the time being, as a test). The rationale for this decision primarily concerns its proprietary Kindle-brand e-book readers and tablet devices. Amazon entered the market of low-cost tablets in support of its app store and distribution of e-content. The Kindle Fire is a highly interactive device and, Read More...
Transportation Management Systems: The Glue of the Supply Chain
With manufacturing now a global industry, moving product throughout complex supply chains remains a challenge for most organizations. But transportation

example informative memo  Can Help Manufacturers: An Example Let’s look at a concrete example to see how a TMS can help organizations optimize their entire value chain. Because the manufacturing environment is now global, this example will involve China, Canada, and Spain as parts of a manufacturer’s complete value chain. Consider the following scenario: A manufacturer of cellular telephones has one DC in China, another DC in Vancouver, two manufacturing plants in China, one retail location in Vancouver, and another retail Read More...
Modern ERP Processes Behind Historic Scotch Whisky
The whisky industry is an example of a process industry where it is impossible to accurately predict demand for the final product. Goods stocked must also be

example informative memo  whisky industry is an example of a process industry where it is impossible to predict what consumer demand will be when the product is ready for delivery. It is also an industry where companies must meticulously account for goods stocked as intermediates (partially finished) and as bulk goods (both finished and partially finished). A good example of how an enterprise applications vendor addresses this microvertical is Strategic Systems International ( SSI ) ( http://www.ssi-world.com ). SSI''s knowledge Read More...
8 Essential CRM Best Practices-an Executive Guide
In this informative white paper, 8 essential CRM best practicesan executive guide, you''ll discover the eight key elements of highly successful CRM ...

example informative memo  Essential CRM Best Practices-an Executive Guide Since CRM can be directly related to how much money comes in the door, shouldn''t your CRM system contain all the proven CRM best practices ? Can you afford to have less than the best when it comes to dealing with your customers? In this informative white paper, 8 Essential CRM Best Practices—An Executive Guide , you''ll discover the eight key elements of highly successful CRM systems—laid out for you in clear, straightforward language. So whether you''re Read More...
New Business Intelligence for Process Industries
Find out how a new generation of BI tools can help pave the way to better, smarter, faster decisions for your organization in the informative white...

example informative memo  Business Intelligence for Process Industries Did you know that a new generation of business intelligence (BI) solutions provides distinct advantages for process manufacturers? Gone are the days when manufacturing operations like yours had to employ sophisticated power users just to create BI reports. New, user-friendly interfaces can now give your decision-makers easy access to the BI data they need , when they need it. As well, new technology advances such as in-memory BI are delivering new levels Read More...
The Art, Science, and Software behind (Optimal) Retail Pricing - Part 2
Part 1 of this blog post series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This

example informative memo  soft drink product packaging example from Part 1 demonstrates another cannibalistic relationship in which each packing size is potentially a substitute for the others. Conversely, affinity is when the sale of one product has a positive impact on another. This is sometimes also called the  halo effect . For example, a retailer lowers the price on hot dogs and it ends up generating better than usual sales on buns, ketchup, mustard, and relish, all at their normal prices. In other words, complementary Read More...
Lose the Starry-Eyes, Analyze:An Ideal Customer for Relevant INFIMACS
This is an example, using Relevant Business Systems, of how you can use the TEC ERP Evaluation Center''s WebTESS tool to locate vendors that consider your

example informative memo  for Relevant. If, for example, your company will not need its system to address personnel management or benefit management, but does need it to take care of payroll management then the Relevant solution might initially look like a good fit for your company. Suppose your company is seeking a solution that offers excellent support for payroll management but does not need any of the other features under the human resources criterion. In Relevant''s case, you will notice that every rating in the Earnings and Read More...
Extending Quality''s Reach to Manage Quality in the Supply Chain
Quality does not start at the receiving dock and end at the shipping dock. The focus on the supply chain demands that the quality department be involved from

example informative memo  taken into account. For example, many enterprise resource planning (ERP) systems that work at the plant level now consider quality characteristics to be part of the material''s inventory record. Software Suppliers Software suppliers addressing the needs of the quality department fall into two categories, ERP vendors and independent suppliers. ERP vendors typically have a module called quality management that provides functions for specifications, samples, tests, etc. These modules are tightly integrated Read More...
How to Reshape Your Supply Chain Network (and Why You Need to Do It Now)
The landscape of the supply chain has changed drastically over the past five years. It went from local to global in manufacturing, procurement, sourcing

example informative memo  the supply chain. For example, the customer could be in North America and ordering a product via the Internet from Ireland—but this creates a problem. Why? Each party involved is not aware of the rules and regulations they need to comply with, and do not understand that an order confirmation from the manufacturer is crucial to the retailer’s (manufacturer’s customer) delivery schedule to the end consumer. It is difficult to make the pieces of the puzzle fit cohesively. Each process within the Read More...
The ROI Dilemma - Part 1 - Look at how bad you Look!
If you''re going to use ROI in order to find new business or, justify your solution, be careful. ROI is a loaded gun and you might just shoot yourself.

example informative memo  I even finished my example with a benefit! In the end, I''ve differentiated myself from the competition through executive alignment. If you''re going to use ROI in order to find new business or, justify your solution, be careful. ROI is a loaded gun and you might just shoot yourself. Quit talking about how bad someone looks and start talking about the opportunities that exist . Use realistic examples. Talk their talk. Do research beyond their Profit and Loss statement or Balance Sheet. When you do find an Read More...
10Gen and Microsoft Partner, Deliver NoSQL in the Cloud
10Gen and Microsoft have signed an agreement that will enable MongoDB users on Windows Azure to access MongoDB’s latest features and ensure the best possible

example informative memo  possible user experience. For example, newly available is the MongoDB Installer for Windows Azure to automate the deployment process. MongoDB users will be able to take advantage of features such as triple data replication and tutorials—for example, how to deploy a single standalone MongoDB server to Windows Azure Virtual Machines for Windows 2008 R2 Server and CentOS , which opens the door for Linux users to work within Microsoft’s cloud infrastructure. Read More...
SAP Ushers In Simple Finance on HANA Enterprise Cloud
At its SAPPHIRE NOW 2014 mega conference, SAP declared war on complexity, in many ways. One example is the introduction of SAP Simple Finance, a set of

example informative memo  in many ways. One example is the introduction of SAP Simple Finance , a set of solutions rewritten for simplicity within global finance departments. SAP has reportedly worked closely with customers to identify the most complex tasks in finance and make them simpler to consume and perform. The result is SAP Simple Finance, based on SAP HANA in SAP HANA Enterprise Cloud under a full subscription model. The product is planned to be released for customers in 25 industries and more than 50 countries to match Read More...
The Fuzzy Logic Between Lead and Lag Indicators
Analog Devices was the first company to implement a balanced scorecard company-wide on an Executive Information System. In fact, it has been running for 13

example informative memo  point in time. For example, companies that achieve fast cycle times later reported triple the revenue growth and double the profits over industry average competitors. However, given the many complex interactions between parts of the organization and the external environment, a quantified linkage is a stretch. Architecture Impacts Companies need a business reporting architecture that ensures that the right information is provided at the right time. As opposed to quantifying the lead-lag relationship, Read More...
Profit Optimization - Can We Possibly Argue With The Objective?
The

example informative memo  of it. The best-known example of Profit Optimization is the airlines. The variables that most control profits are the load factor (the percentage of seats with passengers) and the average revenue per seat. These variables are continually monitored with the price per seat being continually modified to meet the objective of the maximum profit for that flight. The why of Profit Optimization is easy? The objective is to increase profits and we can all agree on that objective. The how of Profit Read More...
Continuous Data Quality Management: The Cornerstone of Zero-Latency Business Analytics Part 2: One Solution
Most enterprises fight fires with axes, fire hoses, trucks, and hordes of firemen, but the CDQM approach is a smoke detector. It’s far less expensive to put a

example informative memo  entire data source. One example of a rule is that zip codes must be five or nine digits for US addresses, and must match the expected city and state fields. Another example is that the schema for the Customers table is not expected to change. Metrics Repository This tracks the results of processes within the CDQM system and provides historical information. A complete data quality scorecard can be constructed based upon the information stored in the Metrics Repository. The interface allows a user to view Read More...

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