IBM Big Data Hub

FEBRUARY 19, 2024

Key strategies for effective supply chain management There are a number of ways that companies can better optimize and manage their supply chains. Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs.

Strategy 81

Strategy Management Forecasting Internet of Things 81

IBM Big Data Hub

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Often considered synonymous with the procurement process , sourcing is a distinct process within supply chain management.

Strategy 94

Strategy Technology Cost-Benefit Risk Management 94

CIO Business Intelligence

JANUARY 26, 2023

The tool is part of NetApp’s Spot constellation for cloud management and is responsible for cost management by tracking standard spending events, such as consumption, forecasting, and the rightsizing of instances. The modeling layer can build out amortization and consumption schedules to forecast future demand.

Management 116

Management Forecasting Dashboards Optimization 116

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. A retail company experiences a sudden surge in online sales due to a viral social media campaign.

Key Performance Indicator 76

Key Performance Indicator Forecasting Sales Data Integration 76

Jet Global

JANUARY 11, 2021

There are obviously some core functions associated with the CFO position, such as producing clear, accurate financial statements, attending to cash flow and the efficient use of working capital , risk management, responsibility for tax and compliance , and ensuring that the necessary internal controls are in place.

Analytics 75

Analytics Key Performance Indicator Finance Risk Management 75

Smart Data Collective

FEBRUARY 20, 2022

Different DAM providers use different approaches to defining the key metrics that influence the cost of an off-the-shelf solution. DAM market trends and forecasts. For some vendors, the basic parameter is the number of database servers or cores; for others – it’s the amount of the processed traffic and the number of transactions.

Behavioral Analytics 127

Behavioral Analytics Risk Machine Learning Interactive 127

IBM Big Data Hub

MARCH 4, 2024

Pairing existing cloud governance with new AI governance controls is essential, requiring continual focus to comply with emerging regulatory changes, such as NIST AI Risk Management Framework, the European Union’s Artificial Intelligence act, ISO/IEC 42001 AI Management, and ISO/IEC 23894 AI Risk Management.

Enterprise 96

Enterprise ROI Risk Strategy 96

IBM Big Data Hub

FEBRUARY 13, 2024

It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility. Sign up for a 30-day free trial here Risk management Supply chains are under tremendous stress, facing challenges from supply, demand, logistics and shifting industry landscapes.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

DataRobot Blog

JUNE 27, 2022

Monitoring Model Metrics. With this data in hand, we are able to measure both the data drift and model performance, both of which are essential metrics in measuring the health of the deployed model. These observations would have spanned a distribution, which the model leveraged to make its forecasts.

Risk 59

Risk Modeling Metrics Measurement 59

Alation

OCTOBER 26, 2021

These include missing out on new revenue opportunities, poorly forecasting performance, and making bad investments. And, by implementing continuous data reviews, finance teams better support compliance and risk management. Analyst productivity: With Alation, finance teams gain an end-to-end data management perspective.

Finance 52

Finance Data Transformation Enterprise Metrics 52

IBM Big Data Hub

APRIL 4, 2024

By connecting workflow management, centralizing data management , and fostering collaboration and communication, BPM enables organizations to remain competitive by providing access to accurate and timely data. BPM can also provide real-time visibility into claim status and performance metrics.

Management 54

Management Cost-Benefit Metrics Consulting 54

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. This lack of meaningful metrics isn’t necessarily by design, though.

Reporting 78

Reporting Consulting Risk Metrics 78

IBM Big Data Hub

DECEMBER 13, 2023

Understand the organization’s needs—whether it’s increased sales, managing cash flow, shorter time-frames, improved forecasting, quality management or sustainability—and how they align with the overall business strategy and long-term plan. Provide necessary training to ensure procurement success.

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses. Conclusion.

Risk 52

Risk Modeling Metrics Business Objectives 52

Insight

FEBRUARY 19, 2020

Photo by Roberto Nickson on Unsplash Much effort has been spent understanding and forecasting the success of movies (e.g., Building Models to Predict Movie Profitability Here I use profitability as the metric of success for a film and define profitability as the return on investment (ROI). ROI = Profit/Budget).

Risk 67

Risk ROI Modeling Metrics 67

IBM Big Data Hub

JULY 27, 2023

By analyzing asset data, companies can identify inefficiencies, uncover cost-saving opportunities and make more accurate budget forecasts. Inventory management : Managing an inventory of spare parts and materials is a significant challenge for oil and gas companies. It can also significantly increase uptime and lifespan.

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

FineReport

APRIL 9, 2024

The integration of AI and machine learning into BI tools is revolutionizing the processing and analysis of data, propelling organizations toward more accurate forecasting and proactive decision-making. In addition to these advancements, another prominent trend in data analysis is the growing impact of data visualization.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. The ability to measure results (risk-reducing evidence). Without delving into economic forecast techniques such as J curves, GPTs, etc.,

Data Science 66

Data Science Experimentation Machine Learning Data-driven 66

datapine

AUGUST 29, 2022

And with that understanding, you’ll be able to tap into the potential of data analysis to create strategic advantages, exploit your metrics to shape them into stunning business dashboards , and identify new opportunities or at least participate in the process. Product/market fit is THE most important factor to get right.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

CIO Business Intelligence

APRIL 15, 2024

A smaller number (16% of IT leaders and 11% of LOB) sought out CIO consultation to help evaluate and advise on choices using a risk management or governance lens. Eighteen months ago, AI was an interesting topic, but today, if you don’t have a plan to elevate experience via AI you are behind,” says LaQuinta. “We

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

Andrew White

JANUARY 11, 2021

Value Management or monetization. Risk Management (most likely within context of governance). Product Management. Saul Judah is our main person focusing on D&A risk management. I am not totally sure I know what you mean with KRM but I believe you mean Key Risk Management indicators.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

bridgei2i

JULY 15, 2020

In the wake of this situation, companies that have protocols related to risk management and agility in management decisions are primed for success. Risk Management Procedures. Businesses with a sizable digital portfolio that are equipped with robust risk management protocols will be able to stay ahead of the pack.

Testing 52

Testing KPI Risk Management Measurement 52

bridgei2i

APRIL 29, 2020

In the wake of this situation, companies that have protocols related to risk management and agility in management decisions are primed for success. Risk Management Procedures. Businesses with a sizable digital portfolio that are equipped with robust risk management protocols will be able to stay ahead of the pack.

KPI 52

KPI Risk Management Measurement Forecasting 52

Jet Global

APRIL 5, 2021

Financial modeling involves combining key accounting, finance, and business metrics to build an abstract representation, or model, of a company’s financial situation. Executives typically use financial models to make decisions regarding: Budgeting and forecasting. Risk management. Forecasting Models.

Modeling 98

Modeling Forecasting Metrics Finance 98

Jet Global

NOVEMBER 15, 2021

A Tax Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure that an organization, or business, uses to measure the success of its Tax Function over time. Since every organization has its own manner of operation, the KPIs or metrics used for tax will vary from one organization to another.

Metrics 52

Metrics Reporting KPI Risk Management 52

Jet Global

NOVEMBER 16, 2022

A board report can contain many types of information including financial data, data related to key performance indicators (KPIs), and future forecasting. management satisfaction. Compliance Risk Management. Give Your Metrics Context. Often, the company’s CEO or CFO will decide on the format this report will take.

Reporting 94

Reporting Software Key Performance Indicator Dashboards 94

Jet Global

AUGUST 15, 2024

Leveraging EPM tools for demand planning and forecasting allows organizations to optimize inventory levels, align production schedules with customer demand, and reduce the risk of leaving distributors and retailers with stockouts or excess inventory. What are the five basic components of supply chain management?

Management 52

Management Manufacturing Forecasting Cost-Benefit 52

Jet Global

MAY 9, 2024

Job schedulers help coordinate the pipeline’s different stages and manage dependencies between tasks. Monitoring can include tracking performance metrics such as execution time and resource usage, and logging errors or failures for troubleshooting and remediation.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

MARCH 2, 2022

These recommendations are structured around governance, strategy, risk management, and metrics and targets all of which should interlink and inform each other. In turn, this involves finding the right metrics that will allow companies to properly identify and capture ESG activities and their impacts.

Reporting 59

Reporting Recreation/Entertainment Risk Insurance 59

Jet Global

APRIL 25, 2024

Thanks to automation, it is entirely possible to work as an accountant for your entire career without ever manually performing a reconciliation or monitoring relevant metrics during a financial close. With the rise of financial reporting software , many finance professionals rely on automated reconciliation for this vital process.

Reporting 52

Reporting Finance Management Risk 52