The Ledger
Curated content foranalytical business leaders
Three Pillars for Actionable Supply Chain Planning
May 31, 2019
While supply chain managers understand that uncertainty and volatility come with their territory, they also hold the responsibility to properly understand what will happen next and how to react to it. Still, many lack the insight necessary to navigate through unforeseen changes that could affect the business in any way, at any time. For a business to transform their supply chain, they must first build a solid and strategic foundation that can bring their supply chain analytics as close as possible to real time operational processes. More than ever, users need insight on demand, supply, and environmental events in real time. Embedded analytics can provide that insight and even streamline processes by automating decision-making. To help meet the challenge of supply chain volatility, leading organizations are focusing in on three key pillars for a better supply chain strategy.
Read More at The Digitalist by SAP >
Simulation Capabilities Are Giving Manufacturers A Major Advantage
May 30, 2019
Simulation capabilities are being used by manufacturers everywhere to help decision makers understand what has happened or will happen in the future of their business. In the case of additive manufacturing, simulating the material properties and the processes embedded in devices, helps OEMs guarantee that they have the right combination of material and settings to manufacture the necessary part. This ensures the part strength, support structure, and other key requirements will be met so that the part will be successfully produced. Finance departments use simulations for scenario analysis and planning. They want to answer the questions, “what will happen if…?” and be prepared for potential outcomes. With manufacturers focusing more on financial planning & analytics functions to drive their strategies, they need the ability to confidently and accurately predict the impact of internal and external changes on both costs and profits.
Read More at Manufacturing.Net >
Life Hacks For the “Next-Gen” CFO
May 29, 2019
To be a real strategic partner to the business, modern CFOs must embrace new technologies and tools available to them that can give them a major analytical boost. Business intelligence has become a necessary tool that helps businesses organize, analyze, and contextualize the information they collect. BI takes financial and operational data to produce integrated dashboards, key performance indicators and, most critically, business insights. As such, it has become today’s CFOs key asset, enabling the finance function to provide the business with automated data analytics for historical, current, and predictive views of operations.
Taking Your CPQ Strategy to the Next Level
May 28, 2019
For complex manufacturing and engineered products companies, establishing an integrated and robust CPQ process powered by cost-based quoting plays a huge role in maximizing revenue. The best processes require buy-in, involvement and participation from sales, marketing, engineering, manufacturing, finance, and purchasing along with technology to support a collaborative and integrated environment. A successful CPQ strategy requires a centralized platform for all necessary data and a methodology that harmonizes that data with advanced business logic that provides deep and actionable business insights. A powerful CPQ strategy backed by cost-based quoting insights can become the foundation for a successful, modern, and data-driven enterprise.
Read More at The Digitalist by SAP >
