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Information Builders Partners With the Performance Measurement Group to Deliver Supply Chain Performance Management Solution
Standardized KPIs, Dashboards, and On-Demand Benchmarks Help Customers Optimize Supply Chain Performance
| Quelle: Information Builders
NEW YORK, NY--(Marketwire - August 28, 2008) - Information Builders, the independent leader
in operational business intelligence (BI) systems,
today announced the availability of a performance
management solution for measuring and managing supply chain operations.
Information Builders developed the solution with the Performance
Measurement Group (PMG), the premier global operational performance
measurement and management services firm. The combined offering includes
personalized dashboards, KPIs, alerts, benchmarks, and
collaboration and alignment tools to help customers improve supply chain
management processes.
The new solution incorporates key Supply Chain Operations Reference®
(SCOR®) metrics and industry benchmark data from PMG. This is delivered
using the WebFOCUS Performance Management Framework (PMF) and iWay Software
integration capabilities to present, analyze and manage the information.
This unique combination of technology enables customers to automatically
view and analyze the latest PMG benchmark information on key SCOR metrics
from a customized population of companies -- on demand.
"With WebFOCUS and iWay, Information Builders is making supply chain
performance information accessible to customers in a highly interactive
way," said Gerald Cohen, president and CEO of Information Builders. "We are
working with PMG to provide the key SCOR metrics, as well as
industry-specific benchmarks for the most critical aspects of business
operations."
SCOR is widely acknowledged by the 800 member companies of the Supply Chain
Council as an effective toolkit for managing and upgrading supply chains.
SCOR-based metrics enable customers to compare their performance to
industry benchmarks via PMG benchmark data. PMG benchmarks are applicable
to companies across multiple industries including capital equipment,
chemical and advanced materials, consumer packaged goods, electronic and
telecommunication equipment, food and beverage, and medical devices.
"Embedding SCOR metrics and PMG benchmarking data into our WebFOCUS
Performance Management Framework is a natural fit for companies seeking an
out-of-the-box solution for SC operational performance management," said
David Cook, director of Performance Management Solutions at Information
Builders. "Companies can be up and running in a few weeks comparing and
analyzing their supply chain performance against internal as well as
external targets. These metrics can be easily combined with a wider scope
of operational and financial metrics from other areas of the business for a
truly holistic performance management approach."
According to PMG's extensive research, companies with best-in-class supply
chain practices have 22 percent lower supply chain costs, 50 percent lower
material acquisition costs, 55 to 70 percent lower
total-days-of-inventory, 70 to 80 percent lower order management costs,
lead times that are 2.5 times shorter than the median, and an on-time
delivery advantage of 10 to 20 percent.
"Information Builders expertise with business intelligence, performance
management, and reporting and analytics is a natural complement to the
extensive operational benchmarking data services of PMG," said Ed Salley,
president of PMG. "This relationship with Information Builders and
associated annual benchmark data exchange service combines performance
measurement and management capabilities in a convenient, consolidated
package. Now, PMG supply chain KPI and benchmark information will be more
accessible to industry-leading businesses in a one-stop solution."
About PMG
The Performance Measurement Group, LLC, a PRTM company, has been the
leading supplier of operational performance benchmarking services to
Fortune 500 corporations worldwide for nearly 10 years. Its customized
solutions encompass supply chain, product lifecycle, and customer lifecycle
disciplines, and are built upon the industry's most comprehensive and
extensive suite of corporate performance benchmark databases.
PMG helps companies achieve breakthrough business goals by providing
comprehensive visibility into their operational performance. The company
has developed industry-specific metrics and frameworks to streamline key
operational processes.
Visit www.pmgbenchmarking.com to learn more about PMG.
About Information Builders
As a leading independent business intelligence (BI) company for the past 30
years, Information Builders has provided innovative solutions to more than
12,000 customers, including most of the Fortune 100 and numerous U.S.
federal government agencies. The company's flagship WebFOCUS product is the
world's most widely used BI platform. Superior architecture and intuitive
nature enables WebFOCUS to address the needs of everyone in the extended
global enterprise -- executive, analytical, operational, and beyond. It
provides the agility to adapt to changing business conditions with the
security, scalability, and flexibility to support dozens to millions of
users.
Unique to the company is the integration expertise it brings to the BI
market. Information Builders iWay Software suite solves complex integration
problems with pre-built components that require minimal custom programming.
The award-winning combination of WebFOCUS and iWay gives Information
Builders customers the ability to embrace the company motto: "Everyone
Makes Decisions."
Information Builders is committed to customer service excellence with a
Professional Services division that specializes in building custom
applications using WebFOCUS and iWay Software. Headquartered in New York
City with 90 offices worldwide, the company employs 1,450 people and has
more than 350 business partners. Visit informationbuilders.com.