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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

Working with a mix of historic (trend-based), real-time, and predictive insights, everyone on your team will be able to make valuable strategic suggestions, take active measures to spot any spiraling trends before they cause organizational damage, and keep on top of every process or operation with pinpoint precision.

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Revolutionizing the consumer goods industry with integrated business planning

IBM Big Data Hub

However, their manual planning and budgeting process in spreadsheets posed several challenges, including lack of control, delayed data, poor execution, and the need for continuous follow-up with IT for actual data. They faced obstacles such as a prolonged budget process, manual forecasting, and no product profitability.

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The Intersection of Planning & Technology

Jedox

In volatile business environments, annual plans are very quickly overtaken by reality. Traditional financial planning is thus increasingly losing its relevance. Traditional financial planning is no longer sufficient on its own. Companies invest a lot of time and resources in their business planning.

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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

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Optimizing clinical trial site performance: A focus on three AI capabilities

IBM Big Data Hub

This article, part of the IBM and Pfizer’s series on the application of AI techniques to improve clinical trial performance, focuses on enrollment and real-time forecasting. This is in line with existing sector benchmarks. AI can also empower trial managers and executives with the data to make strategic decisions.

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Renewable energy trends and developments powering a cleaner future

IBM Big Data Hub

Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. Let’s take a closer look at several types of renewable energy resources and the trends taking shape in each category. And by 2028, 68 countries will boast renewables as their main source of power.

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How IBM Planning Analytics can help fix your supply chain

IBM Big Data Hub

IBM Planning Analytics, or TM1 as it used to be known, has always been a powerful upgrade from spreadsheets for all kinds of planning and reporting use cases, including financial planning and analysis (FP&A), sales & operations planning (S&OP), and many aspects of supply chain planning (SCP).