There is no lack of data in corporations today. What is lacking is the ability to collect and transform data from extended supply chains and retail operations into useful business intelligence. RedPrairie fills this void with Performance Management.
Single version of the truth
Having a "single version of the truth" is critical to understanding performance across the enterprise in order to make informed decisions
RedPrairie Performance Management delivers a holistic view of operational performance across the entire enterprise via easy to understand dashboards, enabling you to identify sales trends, product and inventory costs, compare similar stores or facilities, and evaluate performance against established budgets and targets.
Dashboard configuration is highly flexible, enabling users to consolidate information based on the corporate hierarchy, business units, geography, or any grouping that shares similar attributes. Plus, extensive drill-down capabilities help identify the source of out-of-tolerance issues.
With information maintained in a single central database, consolidation is immediate and data is presented consistently and accurately. Synchronization issues and time spent combining and reconciling information from disparate sources is eliminated. As a result, the plethora of supply chain and retail data is transformed into true business intelligence to support improved decision-making and competitive advantage.
In addition, Performance Management enables enhanced communication among departments, better coordination of activities, and the ability to respond more quickly to changes in business conditions, customer preferences, supply chain operations, and other business variables.
With a "single version of the truth," role-based displays, and extensive analysis capabilities, Performance Management is a vital tool for improving supply chain and retail performance.