Using real-time costs in operations, Issue 120 Oct/Nov 2018

Issue 120 Oct/Nov 2018

Economic decision making based on real-time costing is on the verge of materialising, as traditional cost-cutting programmes reach their limits. Early adopters are preparing for real-time costing and analytics to support the decision making in the Operations Control Center. With predictive analytics, costing irregularities will be manageable.

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