Six Sigma is a defined and disciplined business methodology to increase customer satisfaction and profitability by streamlining operations, improving quality and eliminating defects in every organization-wide process. Six Sigma and DMAIC Methodology Overview [contact-form-7 id="76417" title="Subscriber Demo Form"] What is Six...

Six Sigma is a set of methods and tools for process improvement. Developed in 1986, Six Sigma has become a global phenomenon with companies around teh world. Companies and individuals are using six sigma methodologies to improve operational efficiencies.Six Sigma certification is great way to improve your capabilities as a leader in your...

The software is structured functionally into five components and features a high level of integration in terms of the metadata and the application data. SAP's software architecture, the Business Framework Architecture, guarantees that the individual SAP SEM components can readily use each other's functionality when required. Business...

SAP time management is a module under SAP HR management, which is used by employees for time tracking and management across departments. Time management is one of the main components in any organization as it is necessary to maintain time along with the work performed. This helps an organization to calculate profit and loss, human costs, track...

Organizations invest huge sums of money on new projects. It is important for organizations to ensure that these investments are safe and will result in good returns and benefits for the organizations. Hence there is a need for analyse all new project opportunities to justify the decisions for making the needed monetary investments. An...

The benefits of a data warehouse include improved data analytics, greater revenue and the ability to compete more strategically in the marketplace. By efficiently feeding standardized, contextual data to an organization’s business intelligence software, a data warehouse drives a more effective data strategy.To gain these benefits, data...

Corporate social responsibility (CSR) is a type of business self-regulation with the aim of being socially accountable. There is no one "right" way companies can practice CSR; many corporate CSR initiatives strive to positively contribute to the public, the economy or the environment. In today's socially conscious environment, employees and...

There are many ways to measure financial performance, but all measures should be taken in aggregate. Line items, such as revenue from operations, operating income, or cash flow from operations can be used, as well as total unit sales. Furthermore, the analyst or investor may wish to look deeper into financial statements and seek out margin growth...

SAP HCM is one of the main modules of SAP which plays an important role in the creation of organized management in companies. SAP HCM consultants are among the most requested professionals in the global market. It is advisable to have an overview of the basics of SAP, SAP Net Weaver, and SAP solution manager before starting with the SAP HCM...

As already defined earlier in this article, Insights-as-a-service refers to cloud-based services that not only provide insights to business corporations but also concrete steps to leverage the insights to achieve business goals. Insights-as-a-service is fundamentally different from other SaaS offerings in the sense that other SaaS offerings offer...