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The Two Faces of Risk: Cultivating Risk Intelligence for Competitive Advantage
You needn’t be a seer or sage to perceive risk@it’s as predictable and devastating as a Florida hurricane and as far-reaching as a corporate scandal. But you do

risk factors  You Should Care If risk is not on your radar screen, it’s time to upgrade your detection equipment. A convergence of factors has converted risk management programs from a “nice to have” option to a “can’t live without” imperative. These factors include the following. Regulatory pressures have increased: The New York Stock Exchange now requires the audit committees of all listed companies to evaluate the risk management practices of the company. Stakeholders are flexing their muscles: Read More...
Process 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...
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Documents related to » risk factors


Managing Risk in the Global Supply Chain
Global fashion supply chains face a “perfect storm” of risk factors, ranging from volatile materials prices and skyrocketing shipping costs, to uncertainty

risk factors  Risk in the Global Supply Chain Global fashion supply chains face a “perfect storm” of risk factors, ranging from volatile materials prices and skyrocketing shipping costs, to uncertainty about the outcome of legislative trade initiatives such as the Trans-Pacific Partnership. Download this white paper to find out how NGC’s Web-based Supply Chain Management (SCM) and Global Sourcing system can help. Read More...
Key Factors for Achieving Successful Projects
No matter how unique a project may be, project quality is always the top concern for both the software services providers and the clients—on time and within

risk factors  resources plan, communication plan, risk management plan and change management plan . Proper training - This is an important part for effective team work. It establishes a cohesive team that has the same goals (targets) and has the capability of avoiding unnecessary problems that may arise during the lifecycle. Effective training involve the business knowledge training, requirement training, process methods orientation, goal setting and quality training, programming conventions and speciality areas that Read More...
Nothing Succeeds Like Success(Factors) - Part 2
Part 1 of this series introduced SuccessFactors, a public provider of software as a service (SaaS) talent management solutions. My post first analyzed the

risk factors  their business decisions, mitigate risk, and take action accordingly. For more information and opinions on the acquisition, see related  blog posts by Naomi Bloom (the Enterprise Irregulars ) ,  Mark Smith of  Ventana Research , and  Larry Dignan of  ZDNet . Social Talent Management Further, the integration of CubeTree's technology now enables companies to easily collaborate across all roles, departments, and geographies, thus increasing productivity and simultaneously strengthening the alignment of Read More...
Four Critical Success Factors to Cleansing Data
Quality data in the supply chain is essential in when information is automated and shared with internal and external customers. Dirty data is a huge impediment

risk factors  ones with most to risk. How can you make good decisions on bad data? How many systems have master data? Master data is static data such as product number, product attributes, customer or vendor records. Unless you are implementing an ERP or CRM system, initial data cleansing efforts on transactional or historical data would be discouraged. How many integrations do you have that feed your master data to other systems (internal or external) Create a master list by system and data field name. Do you have a Read More...
Managing Risk in Enterprise Software Selection
Selecting and implementing new enterprise software changes your company, and the business processes that drive it. How you handle these changes can make the

risk factors  Risk in Enterprise Software Selection Selecting and implementing new enterprise software changes your company, and the business processes that drive it. How you handle these changes can make the difference between implementation failure and success. Download this report to learn the steps to take--and the mistakes to avoid--to ensure a successful project outcome. You'll also learn why it's essential to deal with risk before the implementation phase--when it may be too late. Read More...
Three Ways ERP Can Help Manage Risk and Prevent Fraud
If enterprise resource planning (ERP) isn't properly implemented to manage risk, your organization may face loss due to fraud or other hazards. Take advantage

risk factors  ERP Can Help Manage Risk and Prevent Fraud Originally Published - March 5, 2008 Business is all about taking risks. But intelligent managers know how to manage risks, thus preventing accidental losses as well as other operational, financial, and strategic risks—including fraud. To manage business risks by using technology, we must first understand and prioritize the risks a specific business faces, and then understand how IT can help that business. Then we can come to understand how those risks Read More...
Microsoft Axapta: Design Factors Shape System Usage Part Three: Manufacturing Environments
If you are implementing or considering Microsoft Axapta as your ERP system, or providing Axapta-related services, this note provides an overall understanding of

risk factors  Axapta: Design Factors Shape System Usage Part Three: Manufacturing Environments This note is a reprint of Chapter 12 of Managing Your Supply Chain using Microsoft Axapta by Dr. Scott Hamilton, available at Amazon.com and book stores. System Usage in Manufacturing Environments The standardized functionality in an ERP system shapes its usage. Efforts to use the system should be guided by (rather than run counter to) its fundamental underlying design. This section reviews the major design factors Read More...
Managing Business Risk in Industrial Equipment and Supply
Industrial equipment manufacturers and maintenance, repair, and operations (MRO) distributors can’t afford to miss bidding deadlines, delivery dates, product

risk factors  Business Risk in Industrial Equipment and Supply Managing Business Risk in Industrial Equipment & Supply If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Sage provides business software, services and support to small and medium sized businesses. Whilst our heritage is in the small business market we also have the experience and expertise to meet the needs of specific industries and larger organisations. Source : Sage Resources Read More...
Your Next IT Software Selection: Risk, Bottomless Money Pit or Opportunity
Every corporation needs to make decisions about the selection and implementation if new IT solutions on a regular basis. However, an industrial manufacturer or

risk factors  Next IT Software Selection: Risk, Bottomless Money Pit or Opportunity Every corporation needs to make decisions about the selection and implementation if new IT solutions on a regular basis. However, an industrial manufacturer or retailer cannot see this as being one of their core competencies. In most cases such a selection process is seen as a necessary evil rather than a challenge that uncovers new potentials within the company. Only the ones that are able to fully understand and control this process Read More...
10 Critical Factors to control and configuration management (CCM) Success
Is your IT environment suffering? Increasing complexity and the challenges of achieving regulatory compliance within a tight budget could be making it more

risk factors  Critical Factors to control and configuration management (CCM) Success Is your IT environment suffering? Increasing complexity and the challenges of achieving regulatory compliance within a tight budget could be making it more difficult for you to manage change. A traditional change and configuration management (CCM) tool might not be providing all the help you need. Find out how a CCM tool that addresses configuration audit and control can ease your IT infrastructure’s aches and pains. Read More...
Technology's Role in an Effective Enterprise-wide Operational Risk Program
The current focus in operational risk management is on enterprise-wide data capture across loss events, key risk indicators and self-assessments, with follow-up

risk factors  an Effective Enterprise-wide Operational Risk Program The current focus in operational risk management is on enterprise-wide data capture across loss events, key risk indicators and self-assessments, with follow-up actions based on triggers. A system should satisfy regulatory requirements, such as Basel II and the US Sarbanes Oxley Act, and be built in a manner that minimizes the impact of changing business management functionality. Read More...
Aligning Risk and Finance in Banks: From Theory to Practice
After the financial crisis, banks are changing the way that they look at risk and finance integration, and these types of projects have been prioritized again

risk factors  Risk and Finance in Banks: From Theory to Practice After the financial crisis, banks are changing the way that they look at risk and finance integration, and these types of projects have been prioritized again. However, the path to successful risk and finance integration is not simple, and banks face a number of technology and organizational challenges. To understand these problems better and banks' aims for risk and finance integration, read this report on a survey by Chartis Research that Read More...
Effective GRC Management: Strategies for Mitigating Risk and Sustaining Growth in the Tough Economy
Compliance is crucial in establishing new grounds for business. It is important to leverage governance, risk, and compliance (GRC) initiatives toward corporate

risk factors  Management: Strategies for Mitigating Risk and Sustaining Growth in the Tough Economy Compliance is crucial in establishing new grounds for business. It is important to leverage governance, risk, and compliance (GRC) initiatives toward corporate growth, and to define GRC management in terms of enabling new marketing opportunities. To ensure success in managing GRC, one must provide decision makers with processes and tools that allow visibility and access to critical compliance and risk data. Download Read More...
Deploying Asset Management Software in Midsized Facilities: The 5 Critical Success Factors
Unlike large manufacturing companies, small and medium facilities often handle asset management and maintenance with cobbled-together manual and semi-automated

risk factors  Asset Management Software in Midsized Facilities: The 5 Critical Success Factors Unlike large manufacturing companies, small and medium facilities often handle asset management and maintenance with cobbled-together manual and semi-automated systems. This results in many lost benefits, including uninterrupted production and simplified regulatory compliance burdens. As you explore asset management solutions, you should know five critical factors that can determine the success or failure of your Read More...
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