SAP

My previous blogs series “Why do you need profitability analysis?” sets the context for profitability analysis. The next blog “Activity based costing for profitability analysis (Part 1)” highlights the need for Activity Based Costing (ABC) for profitability analysis. Once we are convinced about the need for profitability analysis and ABC, we have to figure out how to go about implementing ABC for our organization. This blog discusses the typical challenges in implementing ABC.

Continue reading "Activity based costing for profitability analysis (Part 2 of 2)" »

Posted by Vivek Madhav at 04:12 AM | Permalink | Comments (0) | TrackBacks (0)

Continue reading "The new weapon for the CFO’s knights (Part 2 of 3) – Conquering IFRS" »

Posted by Bharat Chadha at 01:07 PM | Permalink | Comments (0) | TrackBacks (0)

Continue reading "“SAP BPC Owned by Business developed by IT” is it a reality or myth." »

Posted by Aalok Kumar at 08:12 AM | Permalink | Comments (0) | TrackBacks (0)

Fast close increases trust and provides competitive advantage. I discussed the business drivers behind fast close in my previous post “Fast Close – Business Drivers”. If fast close is so useful then why it isn’t the norm rather than exception? The answer to this question is in understanding the various business challenges that hinder the close process.

Continue reading "Fast Close – Business Challenges" »

Posted by Akhilesh Mittal at 08:44 PM | Permalink | Comments (0) | TrackBacks (0)

In my last post I outlined the various challenges faced by the CPG industry and specifically discussed the Food Safety and Traceability needs.

In this post I will explain how the Food Safety and Traceability needs can be addressed by SAP.

Continue reading "Food Safety and Traceability in CPG Industry (Part 2 of 2)" »

Posted by Abhishek Tare at 04:15 PM | Permalink | Comments (0) | TrackBacks (0)

For the last months there have been huge debates regarding the use of digital communication channels for promoting products and services, and overall digital marketing seems to be in constant growth.
How this costant growth will impact your company in order to get best results?

Continue reading "How could digital marketing impact your company processes and systems?" »

Posted by Lorenzo Pagani at 09:54 AM | Permalink | Comments (0) | TrackBacks (0)

These are challenging times for the Consumer Packaged Goods (CPG) industry. Food safety, traceability, health-conscious consumers, retailer power, new regulations and corporate social responsibility are some of the key challenges faced by the CPG industry. Fierce competition and industry consolidation are placing enormous pressure on food companies to cut costs. Meanwhile, increasingly sophisticated consumers are demanding greater levels of corporate accountability as well as constant product and service innovation. These forces are causing food companies to search for new ways to improve margins, increase asset efficiency, manage food safety risks, and grow revenues. This post outlines the Food Safety and Traceability needs of the CPG industry and in my next post I will explain how these needs can be addressed by SAP.

Continue reading "Food Safety and Traceability in CPG Industry (Part 1 of 2)" »

Posted by Abhishek Tare at 04:58 PM | Permalink | Comments (0) | TrackBacks (0)

What ERP Vendors are saying?

Sales pitch of many ERP Vendor is that they provide the Business solution based on the Best Practice in your Industry. Many of the Industry leading ERP Vendors are providing bolt-on Industry specific Business processes based on Best Practices in that industry. Some of the leading ERP Vendors provide Best practice base lines products which include Detailed System and process documentation along with pre-configured systems.

Continue reading "Business Process – Adopting Industry Best Practices (Part 2 of 3)" »

Posted by Sathyanarayana Krishnamurthy at 04:31 AM | Permalink | Comments (0) | TrackBacks (0)

Continue reading "Taking the “giant leap” into the world of Business Objects reporting on SAP" »

Posted by Somnath Mukherjee at 08:14 AM | Permalink | Comments (1) | TrackBacks (0)

Even during these troubled economic times, when most of the industries are falling by the side, Apparel and Footwear industry has managed to come up with positive growth numbers year after year (at a global level). With a global market volume of about EUR 300 billion and an annual growth rate of 4 % Apparel and Footwear industry is poised for an exciting journey. The athletic apparel and footwear market, which caters mainly to the sports industry, is about 25% of the overall apparel and footwear market volume.

Continue reading "Apparel & Footwear Industry" »

Posted by Arun Kumar Viswanathan at 08:38 AM | Permalink | Comments (0) | TrackBacks (0)

In the previous blog series titled - “Why do you need profitability analysis?” we discussed how profitability analysis can help a business analyze the profitability of one’s offerings (product, customer, channels etc); manage costs by identifying the non-value adding activities; and provide a benchmark to measure the output of an improvement initiative.

Continue reading "Activity based costing for profitability analysis (Part 1 of 2)" »

Posted by Vivek Madhav at 05:44 AM | Permalink | Comments (1) | TrackBacks (0)

Introduction:
Change is the only constant in today’s Business world. Hence the obvious question is, can we benchmark a successful corporate Business Process as Best Practice?

The trend certainly suggests that the answer to the above question is YES. But the true answer is not just Yes. It has a rider to it! Yes, but under specific set of Business & social Parameters.

Continue reading "Business Process – Adopting Industry Best Practices (Part 1 of 3)" »

Posted by Sathyanarayana Krishnamurthy at 03:37 AM | Permalink | Comments (0) | TrackBacks (0)