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...

Data analysis is all about analyzing the past and present data to predict the issues in future. Organizations are using Data Mining and Statistics to make this data-driven decision which is a core part of Data Science.  Data Mining It is the process of extracting previously unknown, comprehensible and actionable information from large...

Quick Guide To R Programming Language For Business Analytics What Is ‘R’ All About? Business Analytics With R or commonly known as ‘R Programming Language’ is an open-source programming language and a software environment designed by and for statisticians. It is basically used for statistical computations and high-end graphics....

8 Deadly Wastes: Lean thinking aims to remove wastes from work processes. Before diving into the 8 wastes, it is important to understand what waste is. Waste is any action or step in a process that does not add value to the customer. In other words, waste is any process that the customer does not want to pay for. The original seven wastes...

Market structures provide a starting point for assessing economic environments in business. An understanding of how companies and markets work allows business professionals and leaders to accurately judge industry and market news, policy changes and legislation and how the economy shapes important decisions. [contact-form-7 id="76417"...

CoPQ stands for ‘Cost of Poor Quality’. It is a measure that specifies the importance of poor quality in terms of monetary value. It is always measured and tracked in terms of money ($ or £, whatever be the underlying currency)Monitoring and tracking Cost of Poor Quality in a defined and standardized manner across the organization and...

Build Verification Testing is basic testing performed on every new build to make sure that it conforms to what is required of it before being passed to the testing or UAT team for further testing. This procedure can also called Build Acceptance Testing or Smoke Testing and is a measure of stability of the software build. This level of testing is...

What is Six Sigma? Six Sigma is a measurement-based strategy for process improvement. It’s a methodology, which aims at improving process and increasing customer satisfaction (Both internal & external). The concept behind this approach is to reduce the variation in processes. This reduction leads to consistent and desired outcomes from...