White Paper: TECSYS Inc.
What is Benchmarking?
Benchmarking is a specific process in which an organization compares its cost and performance data against data from a similar entity, to better understand both its position in the market and the current state of the business’ health.
In this informative whitepaper we will explore why benchmarking processes are more important now than ever, and discuss some of the challenges that decision makers may face when attempting to utilize benchmark data. It addresses:
What are the three key elements that are covered by benchmarking process?
What are the significant benefits of benchmarking?
How to find a trusted source of relevant benchmark data?
What are the key steps involved to deliver insightful, actionable intelligence to a distribution organization in answering to the benchmarking challenges?
Download this whitepaper that examines benchmarking and how businesses can use embedded benchmark data from top performers to benefit their warehouse and supply chain.
By: Oniqua Intelligent MRO
Achieving and maintaining inventory optimization is possible and profitable only with the right tools and the right type of help. The proven best practices in this whitepaper are fundamental to achieving the significant inventory reductions and substantial bottom-line savings that are the hallmarks of inventory optimization. In this whitepaper on ‘’ Inventory Optimization’’ you will: Learn 12 essential best practices of MRO inventory optimization Discover the types of quantifiable benefits major Oil & Gas companies around the world are currently achieving by adopting many of these best practices Discover the unique requirements of managing inventory in an asset-intensive/MRO environment Download this practical guide to 12 high-level business requirements for optimizing critical and non-critical MRO inventory spares and consumables, along with the elements of an ideal inventory optimization system.
By: PICS Auditing
Four Steps to Building a Global Supply Chain Risk Management Platform Managing global supply chain risk is difficult, as these risks range from the minor "bump" in the road to a company disaster. With the right proactive approach these risks can be mitigated and even eliminated. Do you want to identify and understand the possible causes, and direct and indirect effects of these risks? Read this whitepaper which represents the 'four cornerstones for impementing successful supply chain risk management process '' as well as addresses a few questions like: Which are the steps needed in building a global supply chain risk management platform? What are the common issues and challenges that exists in global supply chain management process? How are environmental factors affecting global supply chain risk management? How to prevent risk in global supply chain management process? How to improve supply chain risk management by monitoring for risks to your global supply chain process? The whitepaper also comes with a case study for Financial Solvency Verification.
What is Business Intelligence ?
Business intelligence is a technology-driven process in which variety of software applications are used to analyze organization’s raw data and presenting the information in actionable format so executives and business leads can make better decisions looking at them. Although business intelligence has some common functions, it includes three basic functions: data mining, data analyzing and data processing.
What is Technology ?
Technology is the use of scientific knowledge for creating tools, processing actions and extracting of materials whether in industry or in our everyday lives. We apply technology in nearly all things that we do in our lives, we use technology at work, in communication, transportation, making food, extracting and securing information, running an organization and many more tasks, pretty much everywhere. Types of technology include information technology, banking technology, medical technology,
What is Analytics ?
Analytics is the process of obtaining an optimal and realistic decision based on examining existing data, typically large sets of business data, with the aid of mathematics, statistics, specialized systems and software. In the last few years use of analytical methods to extract useful insights from data have gained immediate importance and has helped several companies improve their business performances.