Risk Management is critical for Life Sciences companies. Pressures from stakeholders and regulatory agencies to identify high-risk business issues have changed how business is conducted today. Decision makers throughout your organization require access to timely, accurate information. The QAD Business Intelligence Solution (QAD BI) allows your business to leverage data from across your organization to provide better visibility and improved decision-making capabilities.

The three major components of QAD BI are the Data Transformer, Business Models and Cognos Analytics. The Data Transformer extracts and transforms data from various source systems into a unified information model, resulting in a separate database designed specifically for analysis. QAD BI Business Models are comprised of seven pre-defined models and provide at-a-glance metrics in the following areas:

Financial Controlling - analysis for profitability, investments, overall operational effectiveness

Forecasting - statistics and performance

Inventory Monitoring - current and historic inventory trends

Manufacturing Performance - statistics on work orders, production costs, productivity and throughput

Sales Analysis - product, customer, and overall sales performance, trend analysis

Service Performance - service profitability and trends in customer calls and contract selection

Vendor Rating - patterns in price/cost and delivery performance

Lastly, CognosTPowerPlayT allows you to perform multi-dimensional analysis that can be shared to make better decisions. This tool allows you to analyze critical corporate data from any angle, in any combination.

The QAD Business Intelligence solution can align your organization and enable your decision makers to gain insights and visibility, perform detailed analysis, and make decisions that drive improved business performance. To learn more, read the QAD Business Intelligence product data sheet.