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MRO spare parts optimization

IBM Big Data Hub

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

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What is GRC? The rising importance of governance, risk, and compliance

CIO Business Intelligence

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage.

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Optimizing PCI compliance in financial institutions

CIO Business Intelligence

The notion of pattern exists beyond IT in areas that a PCI security assessment touches, such as employee pre-employment practices, awareness security training, risk assessment methodology, or third-party service provider management. However, a CCA simplifies this process.

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Discover The Power Of Modern Performance Reports – See Examples & Best Practices 

datapine

Table of Contents 1) What Is A Performance Report? 2) The Importance of Performance Reports 3) Performance Report Examples 4) Performance Reporting Tips Performance reporting has been a traditional business practice for decades now. At the time, this was not an issue, as the static nature of reporting was the norm.

Reporting 207
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How To Improve Your Facility Management With Healthcare Reports

datapine

For hospitals, hospices, medical centers, homecare operators, and palliative care professionals looking to improve operational efficiency, producing and working with a healthcare report is the answer. Now, we’re going to consider the importance of reporting in this noblest of industries. What Is Healthcare Reporting?

Reporting 198
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Managing risk in machine learning

O'Reilly on Data

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Continue reading Managing risk in machine learning. Real modeling begins once in production.

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Reshoring: The risks of swinging the pendulum too far

IBM Big Data Hub

However, a 2022 report by the World Bank estimated that the global economy could lose up to USD 1.2 The report also found that disruptions to the global supply chain are likely to have a significant impact on developing countries, as these countries are more reliant on imported goods and services.

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