The Business Intelligence and Analytics market has undergone dramatic changes in recent years. The most recognisable one is the shift to self-service solutions, i.e. those capable of empowering ordinary business users to understand data and turn it into insights with little technical skills required.
Topics: Business Intelligence
Ferrari is a luxury carmaker company that sought to enhance the sophistication of its IT systems to better manage its internal processes and improve efficiency. The huge re-engineering of Ferrari’s processes required the right enterprise software, and Ferrari chose Infor.
The adoption of Financial Shared Services Centre has revolutionised the strategic roles of the finance function in global corporations by delivering more added value to other functions and processes via their analytics and decision-making capabilities. Such centres have evolved to not only focus on traditional tasks, such as costs reduction but also enhance organisations’ effectiveness and efficiency in many ways.
The consulting firm Protiviti and North Carolina State University’s Poole College of Management collected responses from 735 board members & finance executives about 30 risk issues that will likely have an impact on their companies in 2017.
The argument of integrated suites vs. stand-alone (best-of-breed) systems has been around for as long as there have been integrated enterprise solutions. And experts have never been able to reach a final consensus on this debate, and for a good reason. Each approach has its strengths and weaknesses.
One of the most prominent trends in ERP recently is the emergence of cloud-based solutions. There is so much talk about cloud ERP that sometimes it is hard to tell hype from the truth. Before you decide whether to choose a cloud or on-premises system, there are some common misconceptions that should be dispelled.
In June 2015, Donald Trump, then the Republican frontrunner, threatened to slap a 35% tariff on Ford’s cars and trucks made in Mexico if the automaker went ahead with plans to move its production of small cars from the US to Mexico. The feud between Mr. Trump and Ford was a highlight of his repeated pledges to bring manufacturing jobs back to the US. Mr. Trump also made it very clear that he opposes free trade agreements like TPP (Trans-Pacific Partnership) and will renegotiate NAFTA (the North American Free Trade Agreement).
APS (advanced planning and scheduling) is an advanced manufacturing management system that allocates raw materials and production capacity optimally in order to balance demand and capacity constraints. It represents a revolution compared to traditional planning systems, most notably MRP (manufacturing resource planning), which is also the grandfather of ERP.
Most luxury consumers, regardless of age, enjoy shopping across channels – digital and physical. And 50% of luxury sales are from omnichannel shopping. These are among the key findings of a recent study by the consulting firm The Boston Consulting Group (BCG).