For some time now, the buzzword „Big Data“ has dominated expert magazines and, increasingly, the business press. Hidden behind the term „Predictive Analytics“ the focus is on the look ahead concerning demand, customer preferences or delivery dates. Especially applications scenarios from the consumer goods industry have caused quite a stir, for example, Amazon’s patented process of „anticipatory shipping„: The products which customers in a specific area are expected to be wanting are boxed and shipped even before they have been ordered.…
If your market does not stop at country borders, then neither does the need to plan and control your business processes! But can your ERP software handle foreign languages, laws and regulations? Does your ERP vendor supply full technical support abroad?
When businesses “go international” they do this to open new markets, accelerate growth and increase profitability. But to take advantage of these opportunities, they must be able to master quite a number of new challenges: They must manage financial operations across countries with different currencies, for example, different tax laws, and reporting and oversight requirements.…