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Measure, monitor and manage business performance
At CeBIT 2003 in Hannover, Germany, a business performance initiative will help manufacturers measure, monitor, analyze and manage business processes to optimize enterprise-wide operations.
At CeBIT 2003 in Hannover, Germany, Baan, the leading enterprise application provider for industrial enterprises and part of Invensys plc, will announce 'Measure Up' - a major new business performance improvement initiative.
Baan will show how its new Measure Up program can help discrete manufacturers measure, monitor, analyze and manage business processes to optimize enterprise-wide business performance.
Measure Up focuses on core performance measures such as demand forecast accuracy, lead-time reduction and new product introduction.
The program will enable organizations to establish objective baselines, determine where opportunities lie and 'measure up' against these critical areas in order to improve Return On Capital Employed, prioritize investment, and establish continuous monitoring improvement initiatives.
Measure Up uses the principle of Corporate Performance Management (CPM) - which encompasses Business Intelligence tools and platforms - to enable organizations to develop a complete monitoring system to measure and optimize their individual performance levels.
Laurens van der Tang, president, Baan commented: "Our value proposition for Measure Up is very clear - for discrete manufacturers that produce complex, configurable or high volume products and wish to define, monitor, measure, and ultimately improve business performance, Baan's Measure Up offers visibility into key metrics that can help uncover opportunities for process efficiencies that can lead to better products and higher customer satisfaction.
"Unlike competitive offerings that provide only limited visibility into an organization's business processes, Baan's information solutions provide a comprehensive, organization-wide view with specific industry domain expertise that allows real and measurable benefits," added Laurens van der Tang.
Aaron Zornes, META Group research director said: "The drive for risk and opportunity management has resurrected the need to embed financial processes and discipline (integrated analytics) into seamless business workflows.
Through 2003/04, businesses will be challenged to embrace the dynamism essential to survive in the fast-paced global economy - which in turn will drive the need to integrate financial processes throughout the enterprise, and thereby to link business strategy to operations." The Baan stand at CeBIT 2003 is Hall 5, Stand B18.
Baan resellers and alliances represented on the Baan stand will include Cap Gemini Ernst and Young, C3 Consulting Group, HDS Systemhaus, Hewlett-Packard, LogicaCMG, Siemens AG I and S, Solutionline CSS, VRG Vereinigte Rechenzentren and Invensys Wonderware.
About Baan - Baan helps industrial enterprises optimize their enterprise performance strategies and compete in the knowledge-driven 'networked economy', with its ever-increasing demands for information, integration, and collaboration.
Through its open and powerful iBaan suite of Internet-enabled solutions, Baan is ideally placed to support organizations in the manufacturing, logistics, services, and engineering industries as they move towards tighter integration of their complex processes, closer collaboration throughout their value chain, and greater accessibility of cross-enterprise transactional and analytical information.
Baan has more than 15,000 customer sites worldwide and is part of the Production Management division of Invensys PLC.
