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 profitability improvement

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Documents related to » profitability improvement

CRM Analytics Brings More Profitability


Targeting your best customers and personalizing your relationship with them, implies an in-depth understanding of their behavior.

profitability improvement  Analytics Brings More Profitability Business Process Automation Requires a Well-established Strategy. Targeting your best customers and personalizing your relationship with them, implies an in-depth understanding of their behavior. Today, analytical tools combined with existing CRM technologies open the door to improved customer knowledge and help designing the right target marketing activities. This may be missing puzzle piece that would help you reach the expected ROI on those major CRM investments. F Read More

IFS Has A Magic Growth Formula; But What About Profitability?


In November, IFS, a business applications vendor with headquarters in Linkoping, Sweden, reported results for Q3 2000. IFS will enter 2001 with a new product portfolio and a rapid increase in license revenue. However, profitability does not seem to be in the offing.

profitability improvement  closely watch IFS'' future profitability track. The company has posted five losing quarters out of the last six (See Figure 1), and its shareholders'' confidence may deteriorate until they see a more consistent profitable performance. The mitigating factor in this regard is IFS'' solid current stockholders equity. User Recommendations IFS'' customers should certainly consider the new product offering, but avoid selecting it without looking at what the other vendors have to offer. We encourage users to Read More

Procurement: A Strategic Lever for Bottom-line Improvement


Companies are successfully realizing benefits from their procurement initiatives, and viewing procurement as an integral part of their overall corporate strategy. They no longer perceive procurement as a cost center, but rather as a strategic lever for improving profits or funding new initiatives. Procurement opportunities are significant—translating directly, with no dilution, into measurable, hard dollar profit increases.

profitability improvement  next competitive challenge, maximize profitability and fuel growth. Searches related to Procurement: A Strategic Lever for Bottom-line Improvement : Procurement | EProcurement Software | Procurement Acquisition | Procurement MGMT System | Simplifying Procurement | Search the Procurement Opportunities | Deliver on E-Procurement | Better Procurement Paper | E-Procurement Management | B2B Procurement MGMT | Procurement Provides Functional Management | Procurement Division''s Website | Procurement Read More

Service Supply Chain Strategies to Increase Corporate Profitability


This article describes the unique challenges of the service supply chain, provides a framework for understanding the service management decision hierarchy, and highlights the dramatic value proposition available to companies that deploy advanced service strategies and decision-support tools to address these challenges. Brief case studies from leading service organizations Cisco and KLA-Tencor show examples of successful deployments of service supply chain strategies.

profitability improvement  increase service performance and profitability through implementation of advanced service planning software, the business world is replete with stories of failed software implementations. In this section, we review successful implementation strategies intended to reduce the risk of implementation and to deliver rapid time to value. KLA-Tencor: Risk Reduction through a Data-Driven Evaluation KLA-Tencor is the world leader in yield management and process control solutions for the semiconductor Read More

Project Costing for Maximum Profitability


By implementing timekeeping solutions for costing, organizations obtain valuable insight into project profitability. Project-oriented timekeeping data is also used to bid on future projects, stay within budgeted costs, allocate appropriate resources, and track projects already under way. These solutions deliver more than just attendance tracking systems. They provide tools for understanding the impact of time and resources on project profitability.

profitability improvement  provide quality cost and profitability data. By implementing a timekeeping solution for the purposes of accurate project costing, organizations are obtaining valuable insight into which projects are profitable and which ones are not. Project-oriented timekeeping data is also used by forward thinking companies to bid on future projects, stay within budgeted costs, allocate the appropriate number of resources, and track projects while they are underway. These project-oriented timesheet solutions deliver Read More

3 Key Areas to Reduce Costs with Lean Techniques


Continuous process improvement is more critical than ever for manufacturers to become lean. One key area of focus is on the flow of product from supplier to customer. Naturally, any process that impedes the smooth flow of product is a source of additional cost to the company. Download this white paper now and learn about 3 key areas to reduce costs and improve product flow from quote to cash.

profitability improvement  Key Areas to Reduce Costs with Lean Techniques Continuous process improvement is more critical than ever for manufacturers to become lean. One key area of focus is on the flow of product from supplier to customer. Naturally, any process that impedes the smooth flow of product is a source of additional cost to the company. Download this white paper now and learn about 3 key areas to reduce costs and improve product flow from quote to cash. Read More

Innovation Management in the Web Era


In today’s Web-connected era of business, the quest for new ideas that boost competitive edge and deliver new sources of profitability is no longer a solitary activity. The Web has become a source of breakthrough innovation—enterprises no longer have to invest in expensive tools and skills to spark and manage innovation. Get tips on how you can best deploy the Web for better innovation management and profit enhancement.

profitability improvement  deliver new sources of profitability is no longer a solitary activity. The Web has become a source of breakthrough innovation—enterprises no longer have to invest in expensive tools and skills to spark and manage innovation. Get tips on how you can best deploy the Web for better innovation management and profit enhancement. Read More

MWD Advisors


MWD Advisors is a specialist advisory firm which provides practical, independent industry insights to business analytics, process improvement, and digital collaboration professionals working to drive change with the help of technology.

profitability improvement   Read More

Continuous Improvement Case Study: Taking Baby Steps towards Tangible Benefits


To improve supply chain operations with a fresh look and new ideas, Harris Tea worked with a consulting firm, Supply Chain Consultants. The objective was to optimize the entire supply chain, not just the pieces.

profitability improvement  Improvement Case Study: Taking Baby Steps towards Tangible Benefits Introduction Continuous improvement is a phrase suggesting that a process or product gets better as knowledge and experience accumulates over time. At Harris Tea , continuous improvement includes investing in application software. Already blessed with a strong technology backbone, Harris sought further improvements. To get a fresh look and new ideas, it turned to an outside consultant. Within the process of consultation, Read More

Leveraging Rapid Process Application Development, Deployment, Adoption, and Use for Business Value


The focus on process improvement continues to grow, and adoption of business process management (BPM) technology continues to rise despite slow-downs in other areas of business information technology. Discover how process improvement addresses common business issues that negatively impact operations at all levels of an organization, and learn about the increasing imperative to accelerate process improvement initiatives.

profitability improvement  Rapid Process Application Development, Deployment, Adoption, and Use for Business Value The focus on process improvement continues to grow, and adoption of business process management (BPM) technology continues to rise despite slow-downs in other areas of business information technology. Discover how process improvement addresses common business issues that negatively impact operations at all levels of an organization, and learn about the increasing imperative to accelerate process improvement Read More

The ECM Paradox


Companies across industries can provide effective local autonomy over business process improvement and central oversight over policies and direction. How? With an enterprise content management (ECM) solution offering an architecture and software design that facilitates the delegation of line-of-business solution configuration, and a user interface that helps ensure rapid adoption with minimal training. Find out more.

profitability improvement  ECM Paradox Companies across industries can provide effective local autonomy over business process improvement and central oversight over policies and direction. How? With an enterprise content management (ECM) solution offering an architecture and software design that facilitates the delegation of line-of-business solution configuration, and a user interface that helps ensure rapid adoption with minimal training. Find out more. Read More

Informance EMI


Epicor Informance EMI, manufacturing intelligence software from Epicor provides actionable insight into manufacturing improvement opportunities for your plant or entire enterprise.   Accelerate operational performance initiatives such as Lean, Six Sigma, TPM, and other continuous improvement methods, drive operating strategies, and capture actionable insight into manufacturing improvements. Reduce major downtime, minor stops and quality losses to improve OEE.   Manufacturing intelligence systems let you monitor your manufacturing line performance in real-time, and focus your continuous improvement efforts on the most critical opportunities. Quickly unlock hidden capacity, increase productivity without additional capital investment, and reduce inventory and labor costs with Epicor Informance EMI.

profitability improvement  EMI Epicor Informance EMI, manufacturing intelligence software from Epicor provides actionable insight into manufacturing improvement opportunities for your plant or entire enterprise.   Accelerate operational performance initiatives such as Lean, Six Sigma, TPM, and other continuous improvement methods, drive operating strategies, and capture actionable insight into manufacturing improvements. Reduce major downtime, minor stops and quality losses to improve OEE.   Manufacturing intelligence Read More

Yes or No: The Two Models for Implementing Project Portfolio Management


Two models exist for implementing project portfolio management (PPM) systems: the engagement profitability model, and the budget alignment model. The former uses projects and programs as vehicles for managing revenue-generating engagements. The latter is an operational environment where project value varies, and project costs constitute an expense overhead. PPM can align these models to shorten engagements through standard implementation plans.

profitability improvement  PPM system: The engagement profitability model The budget alignment model In the engagement profitability model, projects and programs are vehicles for managing revenue-generating engagements with customers that produce profit margins. Decisions and behavior are driven by the profitability of customer engagements. Examples of the engagement profitability model include IT services firms and professional services departments within product companies. The budget alignment model corresponds with an Read More

Improving Profitability and Processes in Returns Management


Tellabs is a $1.3 billion (US) corporation that designs, manufactures, markets, and services optical networking, broadband access and voice quality enhancement. Tellabs was faced with a high volume and high cost product returns process. Improper documentation, lengthy processing times, and insufficient returns documentation was affecting customer service and limiting profitability. It worked with Click Commerce to implement their product returns application. The solution provides an efficient and transparent process, which allowed the business to be realigned for significant savings and improved customer satisfaction. The savings include reducing in-transit inventory by $1.76 million (USD) per month and reducing spare parts stocking levels from $7.5million to $1.9 million (USD).

profitability improvement  Profitability and Processes in Returns Management Tellabs is a $1.3 billion (US) corporation that designs, manufactures, markets, and services optical networking, broadband access and voice quality enhancement. Tellabs was faced with a high volume and high cost product returns process. Improper documentation, lengthy processing times, and insufficient returns documentation was affecting customer service and limiting profitability. It worked with Click Commerce to implement their product returns Read More

Improving Profitability through Better Human Capital Management


Human capital costs account for at least half of the variable costs within a company. Yet this cost center is typically managed with less fiscal discipline, fewer business intelligence metrics, and more compromise than the more traditionally valued business aspects such as development and infrastructure.

Human capital management (HCM) needs best practices just like the other aspects of your business—a high turnover increases costs for training and knowledge transfer, while too many disengaged employees means a loss of profits from your bottom line.

This paper looks at how having a single, integrated, and comprehensive talent management solution can help manage all aspects of the employment lifecycle and aid in the management of human capital costs. Included here are case studies of five organizations that have used comprehensive talent management solutions and experienced good results, including increases in sales per employee and higher profits per employee.

The organizations discussed include a large restaurant chain, a restaurant supplier, an automotive services chain, a food retailer, and a bank holding company. Read on for real-life examples of successful human capital cost reduction through best practices brought about by HCM software solutions, such as streamlined processes, higher accuracy, and improved cost and time savings.

profitability improvement  Profitability through Better Human Capital Management Human capital costs account for at least half of the variable costs within a company. Yet this cost center is typically managed with less fiscal discipline, fewer business intelligence metrics, and more compromise than the more traditionally valued business aspects such as development and infrastructure. Human capital management (HCM) needs best practices just like the other aspects of your business—a high turnover increases costs for Read More