Blog pages with tag:

Data & Analytics

07May2020
Data & Analytics, Digitization

Better decision-making with mathematical models

by Daniel Gburek

Do you know the difference between conventional and intelligent ERP systems? Intelligent ERP systems utilize intelligent assistants to help make complex operational decisions. Instead of relying on gut feeling and past experience, you can use data-based calculation models to help you make the right decisions.

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30Apr2020
Data & Analytics, Digitization

Lower costs and faster response times with the right KPIs

by Daniel Gburek

In manufacture, planning plays a major role. Manufacturing and assembly are often divided into individual steps that have to be linked together in a multi-stage planning process. But good planning is not the same as fighting half the battle. After all, discrepancies can occur during production that influence the due dates, quality, or costs of the end product.

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24Apr2020
Data & Analytics, Digitization

Corona: What your data can do for you

by Judith Lichtlein

The corona crisis has been a heavy blow for the economy. Factories, retailers and service providers, companies great and small – everyone is feeling the impact, and some are even struggling to stay afloat. There are steps you can take, however – steps that can help your business get through the current situation, as well as prepare you for the future. One example is data-based crisis management.

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24Apr2020
Data & Analytics, Digitization

Navigating the corona chaos with intelligent ERP

by Daniel Gburek

In times of crisis, companies are more keen than ever to find ways to spare resources and do business more efficiently. Just as with the financial crisis of 2008, we’re seeing more interest in digitalization and process automation. We're going to tell you how companies can use forecasting and optimization functionalities to navigate safely through the corona crisis.

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02Dec2019
Data & Analytics, Industry 4.0 & IoT, ERP, Digitization

Reducing Production and Warehouse Costs with Optimum Batch Sizes

by Michael Hering

How much should you produce of a particular product in one batch? How high can the stock level be? Does it make sense to increase the machinery capacity? Challenging questions like these can only be answered reliably with intelligent data utilization. Traditional models for batch size optimization (such as the formulas developed by Harris and Andler) produce initial indications, but they cannot provide comprehensive optimization taking into account all relevant articles, costs, and restrictions. The processes are simply too complex.

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11Jul2019
Data & Analytics, CRM, Collaboration, ERP

It is your project. Just do it!

by Peter Burghardt

Can you name that brand that uses the slogan “Just do it!”? Not too hard, right? Regardless of how you feel about a marketing campaign, you’re bound to associate it with a product or brand. Why shouldn't the same be true for a project?

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11Apr2019
ERP, Digitization

The Wrong Innovation Culture

by Ralf Krahnert

Technologies are changing fast. But the way people think, does not. Therefore, it is not easy, but important, to react faster to market changes than current common practice.

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28Mar2019
ERP, Digitization

The Wrong Mindset

by Torsten Harnack

Anyone who thinks that digital transformation is a process of change that affects mainly the IT department is wrong: It is the entire organization that changes. Digital transformation is a company-wide transformation.

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15Mar2019
Data & Analytics, Industry 4.0 & IoT, CRM, Collaboration, ERP, Digitization

Co-innovation at COSMO CONSULT: Innovative products for successful customers

by Claudia Claßen

For more than twenty years, the COSMO CONSULT group has been a successful and well-established player in the manufacturing market thanks to its tailor-made industry solutions for contract, process and project-related manufacturing. We bring our own innovative strength together with the ideas and wishes of our customers and make it possible to cover even the most complex processes on the way to digital end-to-end solutions.

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22Nov2018
Data & Analytics

The story of one paperboy’s intelligent business

by Daniel Gburek

How does a little paperboy do the big business? How many newspapers to buy from the corner retailer? What role does his gut feeling, his experience and the intelligent services of COSMO CONSULT play in this?

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