Production disruptions, inventory shortages, and a rapidly changing environment are just a few of the contributors to today’s global supply chain volatility. Retailers, distributors, and manufacturers must incorporate real-time shifts in their strategies to adapt.
Having broad visibility of your business operations requires a substantial investment in technology, data mining, and analysis. To manage this yourself entails:
These and more can end up costing companies hundreds of thousands of dollars on an annual basis. Yet, this does not always guarantee that a company receives the quality analytics necessary to make critical business decisions. That is precisely the reason we have created this service.
Forrester Research states that organizations driven by data insight grow seven times faster than the gross domestic product.
Yet, a study conducted by McKinsey Analytics revealed that 92 percent of companies are failing to scale trusted data to improve their business processes.