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Numerical Insights publishes articles on a variety of topics including business analytics, data analysis, data visualizations tools, improving business results, supply chain analytics, HR Analytics, strategic workforce planning, and improving the profit. Browse our articles below or use the category buttons to quickly filter into a topic.

 
Posts tagged procurement
The Monthly Metric: Demand Variability

A change of the calendar is always a time when supply management professionals think about challenges in the coming year. However, if recent history is a guide, there won’t be much debate on the biggest challenge for procurement in 2019. Throughout the decade, surveys and studies have identified demand variability as the biggest impediment to supply management success.

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Visibility and Transparency is Still a Challenge in Procurement

With all of our technology, big data storage choices, apps, data visualization tools and statistical packages, visibility and transparency remain a challenge for procurement teams. To make clear the difference between the two, when I speak of visibility, I am referencing the ability for procurement professionals to access and analyze their own internal procurement data. When I speak of transparency, I am referencing the exposure of procurement information to the public.

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17 Analytics Ideas to Get You Started

This list is provided to help you get started in analytics. Examples are from HR-People Analytics, Supply Chain Analytics, Legal, Marketing and general Business Analytics. If you’re only interested in one of these areas, I have identified in each example, the business areas to which the idea applies. You can use that to skip quickly through the list.

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