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Agile Manufacturing is a modern production approach that enables companies to respond swiftly and flexibly to market changes while maintaining quality and cost control. . This methodology is designed to create systems that can adapt dynamically to changing customer demands and external factors such as market trends or supply chain disrupt
In a business context, agility is the ability of an organization to rapidly adapt to market and environmental changes in productive and cost-effective ways. An extension of this concept is the agile enterprise, which refers to an organization that uses key principles of complex adaptive systems and complexity science to achieve success. [ 3 ]
Finally, strategic agility is the ability of an organisation to change its course of action as its environment is evolving. The key for strategic agility is to recognize external changes early enough and to allocate resources to adapt to these changing environments. [123] Agile X techniques may also be called extreme project management.
Agile Business Intelligence (ABI) refers to the use of agile software development for Business Intelligence (BI) projects, enabling BI teams, business professionals, analysts, and stakeholders to make business decisions more quickly. [1] [2] Various approaches can improve or increase BI agility.
In Q4, we drove better-than-expected performance across both our marketplace and our enterprise business units. Fourth quarter marketplace revenue was $163.7 million, a 4% increase, compared to ...
The framework for business agility has also created a set of Agile Leadership principles. [ 6 ] The Agile leadership approach fits well in today's technology-focused culture in providing autonomy to employees while encouraging growth and experimentation to address the unknown needs of the future.
We believe that presenting these non-GAAP measures alongside our GAAP results offers a more comprehensive view of the company's operational performance. With that, I will now turn the call over to ...
In our business model, volume is a big driver of gross margin, so higher margins on lower revenue is a testament to both operational execution by our teams and a resilient business model.