Search Results: risk (1588)

​Determining when to take on a new line of business or expand into a new service offering is a difficult and risky decision for any business. The ever changing world of Microsoft partnerships offer exponential growth potential to any solution provider, but it can also introduce new potential risks for you and your loyal clients. In this session, we will provide tools and practical advice to help you to navigate the pitfalls of a new practice, determine the right partner model, staff great resources, educate your sales and marketing team, win your first deal, and build a long-term sustainable business model.

Minimizing excess stock, equipment downtime, and lost sales requires the right planning foundation. Most companies struggle to keep up, putting businesses at risk when the insulation of a growing top line thins. Smart Inventory Planning and Optimization is an integrated set of native web applications that provides a single, easy to use, scalable, environment with field proven inventory and forecast modeling that optimizes inventory stocking policy and improves forecast accuracy.

Plus+ is committed to helping customers Respond to current challenges by enabling secure, remote, and hybrid work, Recover by reducing cost, managing risk, and enabling business continuity, and Reimagine with next-generation resilient solutions that enhance agility and increase value.

If your ERP project shows signs of risk & is on the road to failure, you need to change direction. BKD’s Trusted Advisors™ can efficiently assess and stabilize your project, provide a recovery plan, & guide you through a successful implementation. Whether your issues are mid-project or post go-live, BKD can help ensure you’re getting the full use and value of your ERP investment. Our ERP veterans understand how to get your ERP back on track. Contact us today for a free assessment of your ERP implementation.

Inventory control plays a critical role in the success of any manufacturing company, but through years of experience working with manufacturers, we’ve found that inventory control is often an area with ample room for improvement.  In the Inventory Control Best Practices webinar,our lean manufacturing expert will cover a series of topics to help manufacturers gauge what level their at when it comes to inventory control, and provide some tips on how to improve performance.  Some of the topics we will cover are:
The 5 risks associated with being an inventory control laggard
What are the 8 signs of an inventory control crisis
How to measure your inventory control performance
5 tricks to improving inventory control performance
Lean inventory control techniques (KanBan, TwoBin,FIFO Lane, Supermarkets)

The majority of CRM systems have duplicate data to some degree, that is no mystery! We cover the cause and effect of this data- including GDPR compliance issues. We cover how to design out duplicate data and reduce the risks of adding duplicate data! Learn processes you can put in place to reduce it and how to address it if you have it. Duplicate data management starts with policies and processes, with a little help from technology you can deal with it & improve user adoption and customer satisfaction.

Here are the top 10 benefits for Microsoft customers or partners building Dynamics 365, Power Apps, Power Virtual Agents, Power Automate or Power BI apps.
1. Better business software
2. Faster release cadence
3. Higher return on investment
4. Greater user satisfaction
5. More visibility and confidence
6. Efficient allocation of capital
7. Less risk
8. More control
9. Empowered collaboration
10. More rewarding

Avanade brings together the best of technology, strategy, governance, and design to help global enterprises accelerate to future ready. With premiere knowledge of the entire Microsoft ecosystem, a proven Center of Excellence approach, and recognized leadership in implementing Dynamics365 and Power Platform, we can help empower business users with intelligent apps, modernize and shift to the cloud to support business demands for these experiences, and establish governance to mitigate risk and inefficiencies.

Migration to the cloud is not an easy decision for any organization to make. This article outlines key areas to consider when making the move to the cloud such as risks, security, routes to take and more.

The migration to the cloud is happening at a tremendous pace. Putting an adoption framework in place becomes a critical need for business in order to be successful. However, this is not a simple task and requires a team effort, risk mitigation, and governance policies.

Even in normal times, good inventory hygiene suggests that you continuously update your inventory control parameters: reorder points, order quantities, safety stocks, mins, maxes, lead times. Beyond that, you should be updating your inventory strategies, such as adjusting the target service levels or fill rates for every item you hold. That’s the “should.”

The pandemic of 2020 has brought digital transformation and critical decision making to the forefront. The speed of executing on a decision was increased, but many feared that the trade-offs between speed and quality would be detrimental. However, if big-bet decisions were made coupled with high velocity and high quality, then the payoffs were hugely beneficial in many areas.

Setting a target service level or fill rate is a strategic decision about inventory risk management. Choosing service levels can be difficult. Relevant factors include current service levels, replenishment lead times, cost constraints, the pain inflicted by shortages on you and your customers, and your competitive position. Target setting is often best approached as a collaboration among operations, sales and finance. Inventory optimization software is an essential tool in the process.

Inventory management is not a squishy area where success can be described in vague language. Success here is a numbers game. There a number of key performance indicators (KPI’s) available to you, including Service Level, Fill Rate, Inventory Turns, Inventory Investment, and Inventory Operating Cost. Companies differ in the importance they assign to each metric such, but you can’t win without using some or all of these to keep score.

Safety stock is a critical component in any system of inventory management. Indeed, some inventory software treats safety stock as the key decision variable in the quest to balance inventory cost against item availability. Unfortunately, that approach is not the best way to strike the balance.