It comes as no surprise that managing inventory is one of the biggest challenges manufacturers face. Having too many goods on hand causes a decrease in inventory turnover as well as in profitability, according to an article in Manufacturing Business Technology. Low inventory turnovers typically mean a company is holding… Read More →
The revolution cometh We’re in the middle of a self-service revolution across all aspects of our lives, but… fortunately… those distinctly user-unfriendly self-service systems that pervade our supermarkets are being countered by an altogether more positive type of self-service development. Applied in the right sphere and powered by innovative technology,… Read More →
FTI Consulting is a global business advisory firm that provides multidisciplinary solutions to complex challenges and opportunities. Its health solutions advisory services are dedicated to helping hospital and healthcare systems drive high-impact operational and clinical performance improvements. With rapid change in healthcare, FTI wanted to provide fast, easily digestible, actionable data… Read More →
Dresner Advisory Services has begun data collection for its 2015 Wisdom of Crowds research study. All TIBCO Analytics users (Spotfire and Jaspersoft) are invited to participate in the 6th annual examination of the state of the business intelligence (BI) marketplace, focusing on BI drivers, usage and deployment trends, products, and… Read More →
Companies of all sizes and industries are at different phases in their analytics maturity. No matter what stage of the analytics journey your organization is at, analyst and industry conferences often represent an opportunity to determine how your organization’s capabilities stack up, and help identify new opportunities for improvement and… Read More →
Seventy percent of the companies that were listed on the Fortune 1000 just 10 years ago have disappeared. The reason? They’re victims of change – casualties of the digital disruption as well as their inabilities to anticipate and mitigate risk, says Forrester VP and Principal Analyst Craig Le Clair. But… Read More →
Data is flowing into corporations at a rapid-fire pace, almost as quickly as the competitive landscape of business is evolving. This is prompting business users to increasingly demand access to analytic applications to use data to gain actionable insights as fast as the market moves.
As data streams into firms at an ever-increasing rate, the days of relying on static graphs and charts to guide decisions are dwindling. Instead, companies that can match the speed of their decision making to the velocity of the data itself, will likely be able to differentiate from those less… Read More →
In a previous post, we explained that increasingly the long-term business success in today’s data-driven economy will center on an organization’s analytics maturity. The first stage of the Analytics Maturity Model, “Measure,” enables executives and front-line managers to get a quick, current status of the operational performance and the business… Read More →
Many manufacturers have invested heavily in information technology systems to make decisions and execute plant operations. But these same firms often find that they’re missing key pieces of information needed to detect problems before they negatively affect operations.