Importance Of Supply Chain Management In Modern Businesses

master in businessAt LUT School of Business and Management (LBM), your studies will focus on sustainable value creation: how businesses succeed in international competition in an economically, ecologically and socially sustainable way. Get ahead of the big business challenges of our times with Project BE; develop your skills in areas such as programmatic thinking, data visualization, design thinking and personal branding – all incredibly important in today’s workplace and key drivers of success.

The Master’s Programme in Business and Management, specialising in International Business, takes a comprehensive and practical instructional approach, with a variety of teaching methods – including lectures, seminars and case studies, and give you insights in industries.

There are upsides and downsides to both degrees and they are extremely similar, but the takeaway here is that if you’re seeking to be highly specialized in a certain area of business then the MBA will likely be more attractive, however, if …

Continue Reading →

The Importance Of Business Analysis

business analystThis is an advanced article for people looking to enhance their knowledge base about a Business Analyst’s work. You won’t necessarily need programming or database skills for a business analyst position, but if you already have these skills, they won’t hurt. Those analysts doing data analysis start looking for data elements using entirely different sources used by the business analyst for function analysis.

However, the traditional business decision-making process is rapidly changing with the rapid rise in computing power and the ability to collect and harness data. One of the major contributions of the organization is Business Analysis Body of Knowledge (BABOK), a globally recognized standard for the practice of Business Analysis.business analyst

Business Analysts are proving to be among the most important professionals to businesses today. In the automotive business, opportunity is everywhere, but there has never been a way to use timely, actionable metrics to seize it. Our proprietary …

Continue Reading →

Big Data And Its Importance For An Enterprise

Business intelligence can be defined as a set of business processes designed to garner and analyze business information. Overall, the role of business intelligence is to improve all parts of a company by improving access to the firm’s data and then using that data to increase profitability Companies that employ BI practices can translate their collected data into insights of their business processes The insights can then be used to create strategic business decisions that improve productivity, increase revenue and accelerate growth.

Combine the power of SAP Analytics Cloud with cloud solutions like SAP SuccessFactors, SAP Ariba, SAP Fieldglass, and SAP Hybris to analyze your lines of business and gain deeper insight into your end-to-end business, from process management to customer experience.

It goes without saying that in order to be effective in the workplace, business intelligence software needs to be carefully implemented – for example, issues such as how …

Continue Reading →