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Business Benefits

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1. The Three Rs of RFID: Rewards, Risk, and ROI (4 Pages)
by Tom Pisello
Mar 5, 2005
Abstract : Prominent organizations and retailers, such as Walmart and the US Department of Defense are taking advantage of radio frequency identification, which promises real time tracking of products from the manufacturing floor to the checkout terminal. Despite the typical risks associated with adopting any early-stage technology, the competitive advantage and bottom-line business benefits of RFID are significant to both retailers and suppliers. It can significantly decrease warehouse, distribution, and inventory costs; increase margins; and enhance customer service.

Type: Article

2. The Three Rs of RFID: Rewards, Risk, and ROI (4 Pages)
by Tom Pisello
Sep 28, 2004
Abstract : Prominent organizations and retailers, such as Walmart and the US Department of Defense are taking advantage of radio frequency identification, which promises real time tracking of products from the manufacturing floor to the checkout terminal. Despite the typical risks associated with adopting any early-stage technology, the competitive advantage and bottom-line business benefits of RFID are significant to both retailers and suppliers. It can significantly decrease warehouse, distribution, and inventory costs; increase margins; and enhance customer service.

Type: Article

3. Business Performance Management Basics: An Overview of Business Performance Management and Its Benefits to the Organization (4 Pages)
by Lyndsay Wise
Apr 12, 2006
Abstract : Business performance management (BPM) includes setting key performance indicators, using data mining to discover data patterns, and using software to help drive business decisions and develop corporate strategy. For an organization, there are many benefits to implementing a BPM solution.

Type: Article

4. CRM ROI: Creating a Business Case (5 Pages)
by Tom Pisello
Jul 23, 2004
Abstract : Companies need to implement serious yardstick work when seeking to evaluate CRM-software investments. This involves creating a cost-benefit analysis, determining the tangible and intangible benefits, and the risks involved with CRM implementation.

Type: Article

5. Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System (6 Pages)
by Dr. Scott Hamilton
Feb 10, 2004
Abstract : Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing environments. This section explains the quantifiable benefits in terms of several areas of improvement. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

Type: Article

6. Service Lifecycle Management - Tapping into the Value of the Product Aftermarket (7 Pages)
by Jim Brown
Jun 11, 2003
Abstract : Product Lifecycle Management (PLM) addresses the full lifecycle of a product. The focus of most of the current PLM solutions, however, does not make the most of the value available from servicing products after they have been sold. Service Lifecycle Management (SLM) promises valuable business benefits after a product has been shipped to the customer, tapping into the value of the product aftermarket.

Type: Article

7. Computerized Maintenance Management Systems: A Tutorial Part Two: Benefits and Interfaces (3 Pages)
by Joseph J. Strub
Jul 8, 2003
Abstract : A CMMS is an excellent business opportunity whose implementation can significantly improve operations, reduce equipment downtime, increase accountability of the maintenance functions, and produce substantial financial savings. Read on to learn how this can be accomplished.

Type: Article

8. Managing Demand: Considerations for the Chemicals Industry (3 Pages)
by Olin Thompson and PJ Jakovljevic
May 12, 2006
Abstract : Enterprise systems have brought many benefits to chemical environments, but for individual enterprises, gaining these benefits requires selecting a solution that can deal with the unique needs of the business.

Type: Article

9. Business Intelligence Success, Lessons Learned (5 Pages)
by Olin Thompson
Oct 9, 2004
Abstract : Is business intelligence (BI) an application that pays off? We have all heard mixed results but a 2003 extensive study on on-line analytical processing (OLAP) states that BI usually pays off over 60 percent of the time , explains where the value is found, and describes what’s required to get the pay off.

Type: Article

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Knowledge Bases : Enterprise Resource Planning (ERP) | Customer Relationship Management (CRM) | Supply Chain Management (SCM) | Product Lifecycle Management (PLM) | Enterprise Asset Management (EAM) | Computerized Maintenance Management Systems (CMMS) | Human Resource Management Systems (HRMS) | Security | Financial | Accounting | Outsourcing | Business Intelligence (BI) | Open Source (FOSS) | PIM | ECM | Health Informatics | Test Tool | Business Intelligence (BI) | Enterprise Content Management (ECM) | Open Source and Linux (FOSS) | Product Information Management (PIM) | Business Process Management (BPM)
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