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13 power tips for Microsoft Power BI

CIO

Power BI is Microsoft’s interactive data visualization and analytics tool for business intelligence (BI). Smart Narratives pull out key takeaways and trends in your data and wrap them with autogenerated text to build data stories. Power BI’s rich reports or dashboards can be embedded into reporting portals you already use.

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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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Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

Supply chain managers rely on data visualization tools & techniques to gain a comprehensive understanding of operational dynamics, identify trends, and anticipate potential issues. Often, data can be altered by various team members, leading to discrepancies and disruptions in information flow to stakeholders.

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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. Predictive maintenance (PdM) is all about constant monitoring of equipment condition and performance, identifying unhealthy trends, and detecting possible upcoming failures.

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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

Traditional statistical methods use mainly internal, historical data to predict trends within relatively stable markets. The International Association for Contract and Commercial Management (IACCM) research showed that on average, companies lose around 9 percent of annual revenue due to poor contract management.

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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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