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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

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Data Analytics Helps Hedge Funds Improve Customer ROIs

Smart Data Collective

Optimizing hedge fund performance requires the implementation of intelligent strategies, from managing risks to maximizing returns, improving investor relations, and adapting to shifting market conditions. We will talk about some of the biggest ways that big data is changing the future of risk management among hedge funds.

ROI 68
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Using Technology to Better Manage Risk in Insurance

Decision Management Solutions

One of the most significant ways in which carriers manage risk is through the underwriting, adjustment and pricing process. Predictive analytics can make a significant impact in this process, helping to ensure that carriers accept and price policies to properly balance the medical or financial risk against the value of the premiums.

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AI Helps Mitigate These 5 Major Supplier Risks

Smart Data Collective

You can use predictive analytics tools to anticipate different events that could occur. Though the supply chain itself might be unharmed by this risk, this supplier behavior could undermine a business’s strategy and cause it to fail. AI technology can help suppliers improve their competitive risk in numerous ways.

Risk 129
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What is Integrated Business Planning (IBP)?

IBM Big Data Hub

By having real-time data at their fingertips, decision-makers can adjust their strategies, allocate resources accordingly, and capitalize on the unexpected spike in demand, ensuring customer satisfaction while maximizing revenue. These tools enable the extraction, transformation, and loading (ETL) of data from various sources.

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A Guide To Starting A Career In Business Intelligence & The BI Skills You Need

datapine

This all-encompassing branch of online data analysis is a particularly interesting field because its roots are firmly planted in two separate areas: business strategy and computer science. Problem-solving : BI isn’t just about analyzing data; it’s also about creating business strategies and solving real-world business problems with that data.

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Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Access to asset/system simulations can enable more proactive maintenance planning, improved decision-making and better risk management.