Offering service around traded products is now a common strategy to create a more attractive value proposition. However, with the marketplace becoming increasingly crowded, price pressure is making it difficult to protect a margin on these servicing activities. Add increasingly critical customers who want projects completed faster to the mix, and it’s clear that managing a servicing operation can be a challenge.
Business is flourishing, customers value your vision and the quality of your work, and your employees are proud to be a part of your organization. What’s the next step?
Despite its growing importance, it seems some aspects of the business analytics story remain unclear for many. Here, we take a look at one of the most frequently asked questions on the topic: ‘What actually is the difference between business reporting and business analytics?’
‘A complete IT system that lets us easily couple with other software offers us a range of benefits’
Eduard Otten, Controller, Dutch Rescue Vehicles
We’ve recently seen increasing numbers of manufacturing companies recalling production processes from (previously) lower wage countries like China. However, this doesn’t mean that they’re committed to carrying out these operations again themselves. Even at home, outsourcing them to the right partner can be a smart move.
Making a profit isn’t easy in the current economic climate, particularly when you even lose money on some of the work you do. With services firms having to deliver profitable work to succeed, these are my 8 top tips to stop projects heading into the red.
‘We wanted a completely integrated software solution. Everything needed to be linked together.’
Ton Slagboom, Finance and operations manager
A Warehouse Management System supports the digitizing of all aspects of inventory control, driving reductions in both cost and fulfillment times. That said, it can’t streamline the operation on its own. In order to achieve maximum productivity and accuracy, its needs to be integrated with wider ranging business processes.
As of February 1st 2014, existing domestic and international euro credit transfer and direct debit schemes will be replaced by SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD). In terms of the implementation of a solid SEPA-proof ERP solution, there are a number of key points to keep in mind if you’re yet to begin.
‘Everything to hand and significant time savings thanks to our new software’
Miriam de Mari, Head of personnel and finance, Stichting VO Haaglanden
Tablet computers, smartphones, and other communications technologies are rapidly changing the way we do our business. And this doesn’t just apply to the office. Studies from analyst firms like Gartner have shown that some manufacturing businesses are also successfully boosting efficiency by adopting this technology on the shop floor.