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5 Ways B2B Companies Can Use Analytics for Pricing

Smart Data Collective

Analytics Can Be Essential for Helping Companies with their Pricing Strategies. We all know how difficult it can be to get the pricing right in B2B contexts. In today’s business world, pricing has become one of the most important parts of a company’s strategy. Why Is It Important To Use Get B2B Pricing Right?

B2B 131
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AI in commerce: Essential use cases for B2B and B2C

IBM Big Data Hub

Key takeaways By implementing effective solutions for AI in commerce, brands can create seamless, personalized buying experiences that increase customer loyalty, customer engagement, retention and share of wallet across B2B and B2C channels. Experience building strategies like these have been  used by online retailers for years.

B2B 67
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ERP Integration Benefits Data-Savvy eCommerce for Distribution Industry

Smart Data Collective

There are many reasons that data analytics and data mining are vital aspects of modern e-commerce strategies. Predictive analytics tools use market data to forecast trends and ensure e-commerce companies sell products that will be in demand. One of the biggest strategies that they are implementing stems from the use of ERP integration.

B2B 106
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Building a sustainable automotive supply chain

IBM Big Data Hub

Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supply chain would be detrimental to the industry.​ Supply shortages can lead to line outages, manufacturing delays, out of stock issues and lost revenue.

B2B 64
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A CIO’s first rule for automation: Have a clear business case

CIO Business Intelligence

By virtue of their position between IT and effecting business strategy, CIOs can identify what processes their organizations need in order to modernize and automate. We’ve implemented SAS’ AI/ML-based energy forecasting solution to improve our forecasting performance,” he says. million consumers. “It

Data Lake 141
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5 Ways Data Analytics Sets a New Standard for Revenue Marketing

Smart Data Collective

Data analytics make up the relevant key performance indicators ( KPIs ) or metrics necessary for a business to create various sales and marketing strategies. Business-to-business (B2B) and business-to-customers (B2C) companies use it for a wide array of revenue marketing strategies.

Marketing 110
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Sysco’s recipe for growth centers on IT

CIO Business Intelligence

Recipe for Growth, for which Sysco has earned a 2023 CIO 100 Award for innovation and IT leadership, is based on applying B2C principles to Sysco’s B2B business, and calls for the company to grow 1.5 Like most companies, Sysco traditionally ran its B2B e-commerce business in a bulk reordering fashion.

IT 68