In the business world, time is money.
If your company takes 20+ days to close its books each month, then that time is lost and could have been better spent elsewhere. This is also known as opportunity cost.
Your SAP team also faces a similar challenge. Most technical teams have a backlog of issues and enhancement requests.
How long would it take to work through that backlog with your current staff? A length of 2-3 years is not uncommon.
[Read more…] about Managing the backlogSee how a 1-hour diagnostic saved this medical devices company more than 30 hours each month
For the better part of a year, the Inventory Stock Quantity and Valuation report was an embarrassment to the IT Director at St. Jude Medical, a global medical devices company in Minneapolis, MN.
The report required a hefty 15-hour downtime of the company’s reporting systems at month-end, yet more often than not it would display a clearly incorrect inventory valuation of $0.00, for a firm that has an annual revenue of $5.6 billion (2014).
How could the IT Director persuade his business counterparts to trust the information from his systems when he could not depend on it for consistent results?
[Read more…] about Case Study – St. Jude MedicalInventory management refers to the process in which a business looks after, organizes, and keeps track of its physical assets, materials, and stock.
This includes everything from purchasing inventory, to storing it in warehouses or at other locations, to shipping it. The degree of complexity for inventory management depends significantly on the size of the company, and a number of physical products that it sells.
[Read more…] about Inventory Management: Everything You Need to Know About Inventory & Efficient MRPI’m very excited to speak at the ASUG Pacific Northwest chapter and to share my approach to finding cost-saving opportunities with custom reports.
Also, it’s my first visit to this part of the U.S. and I’m eager to tour the MoPOP (Museum of Pop Culture). ?
Four walls have never looked so nice.
I don’t typically get the excitement for a new year or its resolutions, but leasing an office for client work and business development may have been one of the happiest decisions I’ve made in a while.
What’s your #1 focus for first few day?
How do you get business people excited about something as mundane as data and systems?
Mark Stacy is a highly regarded SAP Supply Chain consultant who helps customers find and plug the profit leaks in their Procure to Pay process.
We’ve worked extensively together building metrics and dashboards for manufacturing companies and I’m excited to have him on the show.
[Read more…] about 017: Building metrics that drive change w/ Mark Stacy
