Businesses today collect tremendous amounts of data, and sometimes it is difficult to determine what to analyze. There are numerous areas where business leaders can utilize data analytics to impact the bottom line, increase profitability, or resolve workforce challenges. The critical point to remember is that the value of analytics does not reside in theRead more
Insights
Analytics is the means of turning raw data into useful insights, be it a look into past performance (descriptive analytics) or using data to predict the probability of future events based on history (predictive analytics). Analytics allows organisations to collect data from different sources, organize it, and leverage insights to drive business. Today, many organizationsRead more
Today, companies of all sizes collect increasingly large volumes of data, from customers, vendors sales, inventory and production. However, many of these companies do not understand how to fully leverage this asset or utilize data to truly enhance multiple facets of the business. Implementing a comprehensive data strategy can provide significant advantage to organizations thatRead more
Data is now more accessible than ever. To improve efficiency in business processes, every organization collects relevant information. However, very few companies are effectively analyzing this data to drive the business in a direction of improvement or change. There are some key, strategic questions that organizations still find difficult to answer: How should we queryRead more
How do supply chain leaders build and maintain resilient supply chains in a complex global environment, with operations spread across continents ― each with different dynamics? By developing and adopting robust supply chain strategies, agile and flexible enough to respond to rapid changes in the business landscape. Conventional supply chain operations and processes cannot meetRead more