Business analysis
What are the basics for planning analysis?
complete information, industry knowledge, country knowledge, market knowledge, competitor knowledge, customer knowledge
Can planning & analysis find out critical success factors and drivers?
Yes
Is the purpose of planning & analysis to identify trend?
Yes
What are an orders of importance of competitors?
In term of turnover and profitability
How to decide reward system with so many uncontrolled factors?
With adjustment
How to ensure budget figures are accurate?
compare with last year, current month, source of change, ratio analysis
How to ensure budget profit figures are close to the facts?
compare budget figures with those of top ten customers
How to ensure budget figures are based on the most reliable and current information?
compared with customer budget
Why budget figures is important?
explore business opportunity and risk
Why is budget accuracy difficult?
information not available, too much unaudited information
Does Budget facilitates alerts?
Yes
Budget facilitates advance planning?
Yes
Budget can identify critical uncontrollable factors?
Yes
What will be the result of inaccurate budget
wrong human resource planning, over commitment, idle costs
What are the most common type of business analysis?
- Revenue management
- Investment/valuation on new opportunity
- Total cost analysis of trucking department, truck and driver
- Cost reduction
- Sourcing
- Consolidation
- Financial option, sourcing, lease or purchase, truck type, serial number and size
- Competitor analysis
- Source of change analysis
- Efficiency
- Idle capacity
- Size of truck
- Driver efficiency vs driver information
- Transport efficiency vs driver information
What are business analysis on sourcing?
- Insourcing or outsourcing
- Local, country source or foreign source
- Single source or dual source
- Disintermediation
- Combine purchasing power of vendor
- Vendor selection
What are business analysis on organization and structure?
- Location
- Merger Acquisition, horizontal and vertical
- Partnership
- Disintermediation