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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. Other companies may choose to leverage a type of sourcing called near-sourcing.

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A Beginner’s Guide To Inventory Metrics And Best Practices

datapine

Indeed, they help you drive the most effective behaviors, strategies, and decisions. Among other things, they help in improving on-time deliveries, in reducing operating costs, in increasing customer satisfaction, or in optimizing transport. You can calculate it by dividing the costs of goods sold by the average inventory.

Metrics 286
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A Complete Guide On How To Set Smart KPI Targets And Goals

datapine

3) Benefits Of Setting KPIs Targets & Goals. Starting with a definition, going through some benefits and tips on how to define them, and finishing with a list of examples generated with a modern KPI tool. In short, these two progress measurements work together as part of a whole business strategy. Table of Contents.

KPI 152
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A Guide To The Top 14 Types Of Reports With Examples Of When To Use Them

datapine

That said, there are various types of reports that can be used for different purposes, rather you want to track the progress of your strategies or stay compliant with financial laws, there is a different report for each task. With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition.

Reporting 201
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The Royal Mint’s diversification means all change for IT and security

CIO Business Intelligence

More recently, The Royal Mint has evolved its business model in the face of declining cash usage, from its core business of coins and metal manufacturing through to bullion trading, a new consumer business and jewellery line, as well as tentative steps into digital gold and recycling e-waste. How do they benefit you?

IT 52
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Goodbye Oracle Discoverer, Hello Next-Generation Reporting

Jet Global

Oracle’s 2014 Statement of Direction laid out its support strategy. Users who transferred from premier to extended support did not have the benefit of being certified with most new third-party products/versions (such as web browsers and Windows 10), or more new Oracle products. But does OBIEE stack up?