One of the most valuable tools, the value chain analysis, breaks down each process of your organization and creates opportunities for innovation, business impact analysis (BIA) predicts the consequences of disruption of your organization function and process and gathers information needed to develop recovery strategies, lastly, as the names imply, Read more…
And as the value creation process speeds up to provide iterative value in order to closely map to customer demands, it is even more the case that a one-time tale end determination and testing of a complete system is actually destructive to the outcome, technology creates a team dynamic within Read more…
Forecasting human resource demand involves estimating the number of future employees of the right quality and quantity, with a view to your organization strategic plan over a given period of time, high cost items require well-forecast budget estimates and long processes for approval, which can slow down purchase of the Read more…
Demand forecasting is a field of predictive analytics which tries to understand and predict customer demand to optimize supply decisions by corporate supply chain and business management, without proper demand forecasting processes in place, it can be nearly impossible to have the right amount of stock on hand at any Read more…
Forecasting and budgeting can especially be an extremely important process if cash flow in your business varies greatly during the year, decisions on investment, which take time to mature, have to be based on the returns which that investment will make. But also, minimizing the cost of capital is another Read more…