If you're using a business system (e.g. SAP, Microsoft Dynamics, NetSuite, Sage, Oracle e-Business Suite) you're already collecting, storing, managing and interpreting data from several areas of your business, for example product planning, finance, procurement, manufacturing, distribution, sales and marketing and inventory management. But is your business facing new pressures to adapt to omnichannel, grow market share in spite of increased competition or to sustain profit margins in the face of globally volatile raw material and energy prices?
If so, do people across your organization have all the information they need to stay on top of the change happening around them? Are people frustrated when they are forced to make decisions based on gut rather than facts?
The speed at which you can react and adapt to business change is critical, so you need to arm people with information that adapts to and keeps pace with this change - whether that data is all in your business systems or merged with data from other systems (e.g. HR, web analytics, etc.) - so they can continue to make sense of what's happening in the areas that matter most:
Retail - to optimize inventory management to increase visibility and availability across selling channels to avoid costly stock-outs and transfers.
Supply chain - to share information across the organization at the right time to reduce costly issues at the point of delivery.
Manufacturing - to take a customer-centric approach focusing on lead time, on-time deliveries and defect rates to maximize the number of perfect orders.
Sales - to measure pipeline trends across the sales cycle to improve close rates and drive increased sales efficiency and effectiveness.
Finance - to monitor inventory, receivables and payables to reduce cash-to-cash cycle times and sustain profit margins.
Harnessing the flexibility of DecisionPoint™ to your business data will enable you to adapt quickly to new challenges facing your business, ensuring you always have the right information to hand - from wherever it's sourced - so people across your organization can make informed decisions that will help your organization thrive and outperform your competitors.