Lean-BI

Recently we interviewed GWA on how Jedox initially highlighted source data issues and helped them drive a culture that took data more seriously. 

One of  my favourite quotes was the answer to how many people in the business supported their Jedox:  “One. Not even one full-time employee.”  We’ve heard of lean-manufacturing but what about when you apply this to your information-based business processes? To help illustrate how efficient GWA have been, we’ve summarised just some of the business applications they use Jedox for. 

Corporate Consolidations

Post organisational restructure meant reporting Financials for other businesses. The changes meant four businesses which require detail reporting in their own chart of accounts and complex mapping and consolidated reporting for the GWA Group for P&L Balance Sheet and Cash Flow.

Enterprise Budgeting and Forecasting

Comprehensive budgeting process from payroll, expenses, revenue drivers, sales and automatically calculating direct costs including customer freight accounts and line haul freight accounts.

Stock Management System

Monthly and Daily products claims, and information related to it, like customer, dates. The daily model is to support the operational view, including what is outstanding/pending, and what was closed yesterday. Every time a customer returns a product, this tracks the action. The monthly model generates KPIs by customers, warehouses, products, including claims by user, customer, processing days for each stage in the process, and days to be returned.

Sales & Inventory Analytics

The sales model details daily product analysis including by customer, currency, division, sales type.
By analysing historical sales pattern and stock consumption, you can improve their stock allocation in warehouses across the country. Stock turnover rates provide invaluable information on best-seller and order priorities.

Sales Forecasting

Based on customers’ historical purchases across various channel, forecasting algorithms produce a sales plan which would which becomes the input for the manufacturing schedule.

Users enter their monthly plans by product group. It enables collaboration across the organisation for sales plans and a group consolidated view. Planning is for both individual manufactured products, and for products collections sold as a separate product, called an ‘assembly’.

 

Jedox is flexible, so it often ends up streamlining all types of business processes in a way that is easy for users, because you don’t eliminate Excel – just the drawbacks. 

If you have some interesting ways your company uses Jedox, we’d love to hear from you!