NAVIGDATA

Key Benefits -

Analytics approach to look at data as connected and interlinked pieces of information across key business processes to help in taking more informed and better decisions.
Identify interdependencies of processes from data perspective and how individual functional process effect the overall Value chain performance in an organization.
Identify process efficiencies and digitization opportunities by identifying areas where data quality is not good or data not available.
Target setting and monitoring across processes of KPI’s for better tracking.
Identify Top Level Metric to be Analyzed and level 2 & 3 Metrics which helps in diagnosis and finding Root Causes across interlinked business processes.

Analytics level -

Level 0: Individual functional business data sets, for example Purchase orders, Invoices, Inventory transactions.
Level 1: Data sets linked across multiple Level 0 data sets, for example Supplier 360, Item / Category 360.
Level 2: Advanced analytics methods (ML, Optimization, Simulation) for specific business issue or specific business question for example “Which attributes in my sourcing influences realized Savings’ and then performance of supplier awarded during negotiations.

All Data sets created would have proper lineage and documentation for easy use by users.
All KPI calculations clearly explained for users to effectively use the data sets.
Training on data sets on how to use and how to link across data sets.
Data sets made available to all business users as per Companies policy with appropriate security control (depends on the analytical tools used).
Document areas of data quality issues in data sets and set on a process to improve data quality.

It is important to get an overall view of transactions and business complexity to start using Data sets effectively.

Some sample analysis below :-