Innovation is an important part of accelerating business processes and investing in the future of our organizations. For some it can mean evaluating methodologies and processes and for others its updating our tools and modernizing.
How ever you choose to approach it, analytics are a great way to find patterns, and gain insights that sometimes get hidden by our data volume, or our data quality. Advanced Analytics are available for you at any stage of your analytics journey, and the cases below are seven ways they will improving your business.
Maintain adequate stock, maximize response times, increase revenue, reduce carrying costs and improve customer satisfaction with real-time insight into supply and demand
Data Management & Text Mining
Gain more reliable data integrated from any source; and analyze text. Commonly used by HR and Marketing to better understand experiences.
Demand & Supply Planning
Analyze ‘What-if?’ scenarios to forecast demand and get the right volumes at the right locations. Improve promotion planning and take advantage of New Product Forecasting.
Workforce Planning & Optimization
Incorporate attrition predictions, succession planning & employee skill sets in your planning. Identify key drivers that impact employee satisfaction & optimize the staffing of your call centers, warehouses etc.
Costs & Profitability
Accurately determine the costs of doing business and improve the profitability of your products, customers, and channels. Identify key factors that drive growth and make better business decisions.
Decision Analytics & Reporting
Visually explore all data, discover new patterns and insights and publish reports easily & efficiently.
7 Ways Advanced Analytics will Improve Manufacturing