Accurate and timely inventory information is key to customer satisfaction and a driver for increased productivity and profitability.  Getting a visual and real-time (or near real-time) analytics snapshot of your warehouse could prove an invaluable tool from an operations standpoint. A well implemented and integrated warehouse inventory control system enables you to capture accurate product quantities and locations and gives you...

Conducting an instructor led analytics training class is a daunting task even for an experienced trainer.  Best practices are acquired over time and shaped by constant and constructive student feedback. How do you determine whether your organisation requires BI training and how does training make you look good? Although some signs are obvious, firms occasionally do not know when to call for training.  Here are some indications your...

The old ways of spreadsheet wrangling, complex data prep with formulas and models have given way to the ease of asking questions and getting relevant, insightful answers in a matter of minutes. Per an MIT Sloan Management Review and IBM Institute for Business Value study, almost 40% of respondents had a limited understanding of how to use analytic tools for better data driven decisions, while 80% of the time is spent on data...

The number one priority with incentive compensation management (ICM) is paying commissions accurately and in a timely manner. A strong reporting strategy should be tied to this process, which can make a significant difference in terms of building employee trust and in increasing productivity. A typical example of how reporting can impact ICM processes is the Compensation and Detail Statement. When designed well, this type of report...

Rarely, is the truth in plain sight.  When faced with disparate systems, applications, or sources, gathering the data in a single place is only half the battle. The second half of the equation is putting in place a stringent set of data standards that would enable users to slice and dice data in whatever context they need it.  Creating a database that provides a holistic view of all relevant domains and focusing on information content...