Remove Cost-Benefit Remove Forecasting Remove Optimization Remove Recreation/Entertainment
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7 Keys to Effective Planning, Budgeting, and Forecasting

Jet Global

In most companies, planning, budgeting, and forecasting processes are fairly well-established, but just because you’ve always done things a certain way doesn’t mean you can’t improve them. They, in turn, rely on key players within their departments for input on costs, commitments, timelines, and expected outcomes.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

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IBM to help businesses scale AI workloads, for all data, anywhere

IBM Big Data Hub

Through workload optimization an organization can reduce data warehouse costs by up to 50 percent by augmenting with this solution. [1] “We look forward to partnering with IBM to optimize the watsonx.data stack, achieving breakthrough performance through our joint technological contributions to the Presto open-source community.”

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Consumer Technology & Durables (CTD) in the COVID-19 Era

bridgei2i

Demand for luxury and lifestyle goods like cars, smart homes, in-home entertainment, automated household appliances, personal devices, and gadgets has increased manifold. CTD’s growth over the last two decades was aided by technological innovation and the steady drop of electronics components’ costs, driven by economies of scale.

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Minimizing Supply Chain Disruptions with Advanced Analytics

Cloudera

Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. The last eighteen months is causing supply chain forecasters to rethink the definition and incorporate risk into the planning process. .

Analytics 109
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Leveraging the Benefits of Sales and Operations Planning

Jet Global

The latter is responsible for forecasting sales, then maximizing revenue and margins; the former must see to it that the supply chain operates as efficiently as possible. Instead of developing forecasts that focus solely on demand, the company might look at the bigger picture. Access Resource.

Sales 97
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Business analytics in the age of disruption

IBM Big Data Hub

This results in the needed analytics being siloed and underutilized by decision makers who could benefit from this data and content…if they only knew it existed and was accessible. They are using AI forecasting and decision optimization algorithms to enable success in a world of finite resources and time.