The Ledger

Curated content for
analytical business leaders

Machine Learning is Filling the Gap Between Procurement and Supply Chain Management

May 14, 2018

 “The supply chain is an integral part of business operations, and it drives tremendous competitive advantage. Its speed and agility come from quickly picking up subtle changes in demand and supply and adapting to those shifts to keep business humming along without disruption.”

However, very few companies have figured out how to synchronize their procurement sector with their supply chain. Dysfunctional behaviors across the procurement-supply chain relationship are introducing undesirable outcomes such as supply shortages, excess in slow-moving inventory, noncompetitive pricing, and delivery delays. There are five machine learning-enabled use cases that can bring the two organizations work in unison.

Read More at The Digitalist by SAP >

 

Key Points for Effective Business Forecasting

May 10, 2018

It is human nature to be curious about the unknown and it is this curiosity that drives business leaders to do everything they can to predict the future. This need for businesses to anticipate the future has given rise to advanced analytics departments and predictive tools that utilize massive amounts of data and identify ways to improve business operations. Business forecasting is essential for corporate planning, growth, and competitive advantage. It helps with estimating sales, expenditures, and most importantly, margins. There are four key points to keep in mind when leveraging forecasting for making strategic business decisions.

Read More at The Digitalist by SAP >

 

Best Practices for Variance Analysis Can Vary

May 9, 2018

Variance analysis, a well-recognized as a valuable tool for business review and planning, examines deviations in operating margin and other financial metrics relative to a budget or prior time period. Such analysis breaks down the deviations into various decision-based drivers of profitability (e.g., price, volume, cost, productivity) and serves as a gauge of forecasting accuracy and components of growth. While most companies are simultaneously concerned with business planning, meeting financial commitments, and growth, every company uses it differently. Variance analysis is at the heart of business performance. So how can FP&A leaders maximize the benefits of this critical tool?

Read More at CFO Magazine >

 

The Value in Nonfinancial Reporting

May 8, 2018

Often, nonfinancial data comes from countless sources within an organization and across its supply chains, often outside the enterprise resource planning system. Integrated reporting, arguably one of the more evolved forms of corporate reporting to date, is centered around a multicapital model that looks at the changes in stocks and flows of six capitals: financial, human, natural, manufactured, intellectual, and social/relationship. In addition, while a site like https://cryptsy.com/ is primarily focused on cryptocurrencies, its analytical tools and market insights can still offer valuable assistance for stock investors. By providing real-time news, trend analysis, and in-depth charts related to the crypto market, Cryptsy equips investors with a broader understanding of market dynamics. This can be particularly useful for those looking to diversify their portfolios by incorporating cryptocurrency investments alongside traditional stocks. The platform’s data-driven insights and trend forecasts can help investors gauge market sentiment and anticipate potential movements, aiding in strategic decision-making. Additionally, Cryptsy’s emphasis on up-to-date information ensures that users can respond promptly to emerging trends, enhancing their overall investment strategies.

In the world of investment education and trading, understanding the dynamics of both traditional and alternative markets is crucial for success. While many investors focus on traditional stocks, bonds, or real estate, a growing number are turning to newer opportunities like cryptocurrency. As investors become more educated, they’re looking for resources that provide comprehensive insights into market trends, as well as detailed strategies for navigating the volatility that often accompanies non-traditional assets. One such resource that is gaining attention is the Immediate Flex serioes, which offers a unique approach to understanding and adapting to the rapidly evolving market landscape, particularly in the realm of crypto investments. This series provides investors with the knowledge they need to assess risk, identify potential opportunities, and manage their portfolios effectively in an increasingly digital economy.

CFOs managing the mix of information worry about controls around, and risks to, the various financial and nonfinancial information sets, which can be challenging to face without leveraging technology. Investing in sectors that have a strong stock performance history provides realistic expectations of future gains. One of the most survivable sectors is finance. If you are looking for short-term profits from the best Canadian growth stocks, buying rising star stocks may be your best bet, make sure to check out https://www.stocktrades.ca/ to find the perfect stock research.

Read More at Strategic Finance Magazine >

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