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“We aim to provide a safe, reliable and efficient railway,” is Network rail’s vision, a company in charge of running, maintaining and developing United Kingdom’s railways infrastructure (rail tracks, signalling, bridges, tunnels, level crossings, viaducts and key stations).
When entire nations, from the powerful to the modest ones, admit that they cannot stand alone in front of the 21st century crisis events, then what chance do organizations have to overcome the consequences of these upcoming destructive forces? The need to communicate and help one another has allowed for a new offspring of crisis management to rise to power: the transboundary crisis management.
Each February, Gartner releases one of its most important research reports: the Magic Quadrant for Business Intelligence. Two years ago, the name of this Magic Quadrant was changed, from “Business Intelligence Platforms” to “Business Intelligence and Analytics Platforms”, to emphasize the growing attention that organizations pay to having analysis capabilities, without needing to require help from IT or data experts.
By definition, procurement represents the process of obtaining goods and services from preparation and processing of a requisition to the approval of the invoice for payment. As Robert Monczka specifies in the book Purchasing and Supply Chain Management, purchasing is responsible for acquiring all the materials needed by an organization, and it is the function responsible for issuing purchase orders and initiating the flow of materials.
Gathering data for KPI results is one of the most common challenges that professionals face when measuring performance. An effective data gathering process should not only provide timely performance data, but also highly qualitative data. Designing such a process is indeed a challenge in itself, and establishing what quality data means is also a demanding task.
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