Supply chain planning is a vast field involving many departments and stakeholders using different technologies resulting in data silos. Traditional supply chain models store information in Excel spreadsheets. They maintain multiple closed ERP systems for various parts of supply planning in these sheets. Various stakeholders involved in supply planning have been using these siloed systems …
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Talk of blockchain technology is everywhere, it seems — but what is it, and what does it do? 1. Don’t call it “the” blockchain The first thing to know about the blockchain is, there isn’t one: there are many. Blockchains are distributed, tamper-proof public ledgers of transactions. The most well-known is the record of …
You don’t need us to tell you that the data world – and everything it touches, which is, like, everything – is changing rapidly. These trends are driving the opportunities that will fuel your career adventure over these next few years. At the heart of these trends is a massive wave of data being generated …
Organizations around the world strive to achieve profitability in their business. To become more profitable, it is essential to satisfy the needs of customers. But, when variations exist between individual customers how they can effectively do that. The answer is- by recognizing these differences and differentiating the customers into different segments. But how do …
Business leaders and stakeholders often think about right time to start looking at analytics and sometimes fall shy due to concerns surrounding data availability, quality of data, lack of resources and value of the overall exercise. We have been asked quite a few questions ourselves in last couple of months by decision makers across Insurance …
AI has received a lot of hype in the marketing community — and for good reason, too. As research and advisory firm Forrester Research notes in its report, “AI Must Learn the Basics Before It Can Transform Marketing,” AI-powered marketing applications promise numerous benefits, including efficiency and speed, smarter decision making, and optimized customer journeys and campaign …
Undoubtedly, Artificial Intelligence (AI) can offer organizations a substantial competitive advantage if used in the right place and in the right circumstances. There is also considerable pressure on organizations to go the AI route for fear of losing an edge to competitors. This pressure can easily be felt by business leaders who need to craft …
A loan passes through various stages or events from the moment it is given till the time it is repaid. Collection strategy of a loan for any financial institution is as important as its lending strategy and delays in repayments not only impacts the financer’s books, it also impacts the borrower as it is also …
For oil and gas businesses operating at the highest levels of efficiency while keeping costs in control and increasing productivity is a challenging task. Since oil and gas organisations are asset rich in nature, equipment safety and reliability becomes significantly important. To limit downtime and minimize risks, oil and gas companies are leveraging industrial data …
The Financial Services Industry has went through a complete transformation at its very core. While the good old days were marked by a few Giant corporations handling the whole industry, today’s age of agile startups has seen an influx of various small and medium FinTech companies that are lean and efficient – both in their …