An application for performance monitoring and supply chain management using business intelligence (BI) & analytics for one of the most iconic magazines
Newsweek is second-largest news weekly magazine in the U.S with a weekly circulation of over 1.6M. Newsweek provides in-depth analysis, news and opinion about international issues, technology, business, culture and politics.
Newsweek approached Strategic Systems International (SSI) seeking a technology enhancement to monitor their paper purchase. SSI designed, developed and implemented a comprehensive paper procurement, inventory management, and printer performance monitoring solution for all paper purchased by Newsweek Magazine.
The solution incorporated key processes within its supply chain including forecasting, procurement & tracking, inventory management, waste contract management, and business intelligence (BI) & analytics. The application also integrated information from all of Newsweek’s supply chain partners into a single database for transactional and analytical purposes. In addition to building a robust solution with multiple modules, SSI leveraged its experience in Data Analytics to incorporate business intelligence across Newsweek’s supply chain.
With the help of SSI’s performance monitoring applications Newsweek was able to reduce its inventory by 4M lbs while improved its cash flowby $1.5M+ due to immediate savings.