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Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

Below are some core features that might be beneficial for your business in the long run: Collaboration and Sharing to overcome Data Silos: Power BI offers real-time data sharing capabilities, a key feature that addresses the challenge of data silos. Here’s an in-depth look at three common types of supply chain dashboards: 1.

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Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock

Altexsoft

Top inventory management KPIs We can’t describe all the inventory KPIs that exist out there, so we’ll focus on the most popular and actionable ones. We’ll also suggest a few tips on how to approach inventory-related business intelligence. Just like with ITR, there’s no one DSI value that all businesses have to strive for.

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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

Accounts payable are most vulnerable to errors (whether deliberate or not) due to disconnected and inaccurate information, especially if you have to deal with a big amount of documentation and process multiple transactions. The market is constantly changing due to a myriad of factors. Contract management to review and audit agreements.

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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

It’s been a long time since it became obvious that to develop and stay competitive, businesses have to support their decision-making with data. It’s vital to understand what information can be useful and give a better understanding of business processes — not only to measure success, but also aid in making decisions.

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Rail Fleet Management: How Technologies Help Handle Asset Tracking and Maintenance in Freight Rail Industry

Altexsoft

KPI monitoring and analytics. Performance metrics have to be consistently monitored to uncover your company’s problem areas and development opportunities. Your own business challenges depend on your part in this game, your current stage of digitization, and whether you own or lease rail equipment. Railcar and shipment tracking.