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Categoric - Solutions for GRC, BAM and SCEM
- Harmonize your supply chain so that tight co-ordination of data input/output and activities, both physical and electronic, can now take place.
- Proactively manage suppliers, customers, resellers and channel partners.
- Respond automatically and immediately when problems occur or opportunities crop up – or even to predict if they could arise.
- Transform passive ‘historical’ data into actionable processes and procedures that can be used to automatically guide people and optimize operations.
- Enable each system to interact in a beneficial way with each of the others.
- Collect and manage business intelligence and events from multiple sources both inside and outside of in-house systems – and respond accordingly
- Leverage existing IT investment
In this area of the business especially, it is vital to be able to
get the right information at the right time, and be able to act upon it
in real-time. Best efforts are no longer good enough when the
modern, sophisticated customer demands a multitude of options / styles
/ features in addition to quick order fulfillment and fast
delivery.
Organizations that can confidently meet these demanding requirements gain an incredibly powerful competitive advantage. In order to achieve this they need to be able to:
- keep an eye on the whole supply chain from end to end and to step in and make adjustments as and when required to allow a smooth delivery of products and services to take place.
- spot trends and to speed things up or slow things down if necessary to allow effective management of business resources and to highlight future planning requirements and opportunities.
SCEM and BAM There are lots of acronyms used to describe these two key concepts, but the main two in normal business usage are Supply Chain Event Management (SCEM) and Business Activity Monitoring (BAM), the benefits of implementing both SCEM and BAM are discussed in more detail in their separate sections.
The concept of the supply chain encompasses every effort involved in producing and delivering a final product or service, from the supplier's supplier to the customer's customer.
The functionality involved here relates directly to all the many different types of software and systems used to assist with the various elements managed in the supply chain as well as the key operational granularity added by off-the-shelf supply chain management systems used for:
- managing supply and demand
- sourcing raw materials and parts
- manufacturing and assembly
- warehousing and inventory tracking
Silo
Most organizations have a legacy of various systems and databases that have been built up over time to assist in the running of the business in each of these areas.
In many cases these are stand-alone systems which have been used to implement a particular solution to a specific areas' need or problem. Where these systems belong to different organizations – suppliers, customers, distributors etc, this interaction may be particularly problematic.
There can be literally hundreds of these and many of them (even relatively modern ones) are not able to interact with the other systems. What does this mean?
These silos mean that there is nothing to help those organizations to respond automatically and immediately when problems occur or opportunities crop up – or even to predict if they could arise. The upshot is that, despite their initial investment, companies still have no active time-critical element to their IT systems.
Without this, nothing automatically detects event notifications or alerts to implement actions designed to avoid negative outcomes such as controls failure, incurring unnecessary costs, disruption to business, operational errors, and dissatisfied customers.
Similarly, there is nothing to automatically encourage and reinforce positive events – for example, an increase in sales and distribution activities to meet an unpredicted demand.
Leverage the existing investment
In order to maximize operational benefits and leverage the investment already made in BI, it is crucial to enhance and extend existing systems, adding new technology elements to help merge BI with operational processes.
This facilitates the transformation of passive ‘historical’ data into actionable processes and procedures that can be used to automatically guide people and optimize operations.
How?
Categoric's solutions can sit on top of your existing IT systems to run and monitor the necessary activities to achieve the defined results. Categoric integrates with all major BI systems and can ‘glue’ these systems together to create one overarching management interface which ‘pulls’ the required information from every data source in the enterprise.
Categoric's solutions bring the potential for each system to interact in a beneficial way with each of the others.
By allowing these separate systems to be aware of each other and interact Categoric facilitates harmonization of the supply chain so that tight co-ordination of data input/output and activities, both physical and electronic, can now take place.
In other words, an organization is able to collect and manage business intelligence and events from multiple sources both inside and outside of its own in-house systems – and respond accordingly, either on the fly or according to a pre-determined processes.
Suppliers, customers, resellers, channel partners can all benefit from a harmonised supply chain that identifies an event downstream and creates the necessary activities to ensure that event is responded to upstream.
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