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ID: 3858591 • Letter: G
Question
Go to teradatauniversitynetwork.com. Find the article: http://www.teradatauniversitynetwork.com/Library/Items/Business/Corporate-Performance-Management--Changing-Vendor-Landscape-and-New-Market-Targets/
g. What are some of the major acquisitions that have occurred in the CPM marketplace over the last couple of years?
h. Select two of the companies discussed by the article (not SAP, Oracle, or IBM). What are the CPM strategies of each of the companies? What do the authors think about these strategies?
Explanation / Answer
* What are some of the major acquisitions that have occurred in the CPM marketplace over the last couple of years?
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- A tool that compares the firm and its rivals and reveals their relative strengths and weaknesses is called
as a Competitive Profile Matrix (CPM).
- CPM Acquisition which are heppend in CPM marketplace are the weighing applications,cooking, coating, cooling,
processing solutions for automation, baking and cracking, extraction, extrusion, flaking and pelleting.
- The companies inventory includes hammer mills, roller mills, cracking mills, flaking mills, pellet mills,
coolers, crumblers, and lump breakers.
- It also offers dies, parts, and accessories through its regional offices.
- The company serves animal feed, aquaculture, wood and microbrewery, corn wet milling, biodiesel, ethanol,
biomass, food, oilseed, pet food, plastics, and textiles industries.
- It provides customer service and sales support through a network of local age.
* Select two of the companies discussed by the article (not SAP, Oracle, or IBM). What are the CPM strategies
of each of the companies? What do the authors think about these strategies?
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The CPM strategies of each of the companies are:
- Continuous improvement of CPM : In this strategies there will be continuous improvement in all aspects.
The improvement begins with the management and employees of the organization or a company which follows
the CPM strategies.
- Measure Results of CPM: In this strategies there will be measuring of items heppen so that we can see
if the company is succeeding in achieving its goals and plans
- Strategy Alignment of CPM: In this strategies there will be continuous selections of strategies to increase
the tools that need to be selected and implemented in order to support the business goals and firm strategies.
By the above strategies the authors think that it has many benefits like:
- The Finance Department can spend their time analyzing the business instead of gathering data
- It provides one version of the truth so that data can be trusted when making business decisions.
- Improved agility so that you can take advantage of opportunities as they arise.
- The firm can manage key performance indicators that matter so that a focused approach to business
growth can be fostered.
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