The Rise of Price Management

Depending on the pricing problem the company is trying to solve, there might be different pricing processes and software categories, such as:
* price execution
* price enforcement
* price visibility
* price optimization
* pricing management

Project Failure-The Numbers, Why, and What It Means

Information technology (IT) projects fail regularly-considerably missing expectations, drastically overrunning budgets, significantly missing their deadlines, and far too often having to be abandoned entirely. Research shows us that this is the rule, not the exception. Research also tells us why. What is the impact of failure on enterprises, IT professionals and software and services providers? Does it have to be this way?

The Perfect Order—Inside-Out or Outside-In?

Key performance indicators (KPIs) give management a tool to judge the health of the business. While the concept has proven itself, a key question should be “what do we measure?” The Perfect Order measurement has proven to be a powerful measurement of the business. Should The Perfect Order be defined from an internal point of view or from a customer point of view …inside-out or … [ Read more ]

Business Intelligence Status Report

Economic and regulatory pressures have made a broad set of technologies called business intelligence (BI), more important than ever for all enterprise application users. Users rarely feel satisfied with the amount of information they can extract, if they can extract any at all, from their enterprise applications. Enterprise resource planning (ERP) and BI (sometimes called analytics, which is specialized analytical software) are inseparable concepts, but … [ Read more ]

Lean Asset Management—Is Preventive Maintenance Anti-Lean?

Asset management systems have used the concept of preventive maintenance for years as a strategy to avoid unplanned downtime. Preventive maintenance uses time-based rules to determine when a specific maintenance task should be performed to avoid unplanned downtime. But, applying the principles of lean manufacturing tells us that unnecessary maintenance is waste. Failure analysis reveals how assets fail and why. Numerous studies tell us that … [ Read more ]

Business Intelligence Success, Lessons Learned

A recent, extensive 269 pages industry report, OLAP 3 (published November 2003) by Nigel Pendse explains that BI benefits are very real. While the report covers many aspects of OLAP and BI, we will focus on business benefits and overcoming the obstacles of achieving those benefits.