Blog
Supply chain executives view Integrated Business Planning (IBP) as their most challenging supply chain dynamic, according to the results of a survey released today by ICRON, a leading provider of Optimized Decision Making and Supply Chain Optimization software solutions.
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Over the past decade, supply chain and information technology organizations have invested extensively in data collection and storage systems and schemes and have made great strides in terms of their data maturity.
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These days, companies across almost every industry are looking for ways to optimize their operations – to do more with less, to do things more intelligently, and continuously improve their processes.
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Outside of my business career, I’m an avid and accomplished competitive glider pilot. I am very serious about the sport of gliding, and have competed at the highest levels in the Dutch National circuit. As with many activities in life, I think it is possible to draw some interesting parallels between competitive gliding and business operations and extract some important lessons from the former, which we can apply to the latter.
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86% of executives think that their company needs more data, according to a survey by ICRON
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The Industry 4.0 era is upon us, and manufacturing companies around the globe are increasingly embracing automation and data exchange and implementing new technologies including cyber-physical systems, internet of things (IoT) devices, cloud computing, artificial intelligence (AI), machine learning, robotics, and advanced data analytics.
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72% of business decisions are impacted by data, according to the results of a survey conducted by ICRON
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While the “personal drone” is still in its very early experimental stages, companies in the supply chain in general and in the logistics industry in particular have already been using drones for many years.
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50% of companies are not able to measure the cost of their data, according to a survey by ICRON
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Today’s supply chain companies have access to an overwhelming amount of data. Customer data, production data, GIS data, POS data, financial data, streaming data, and many other types of data are all collected – and this often results in data overload.
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ICRON Demand empowers businesses to navigate uncertainty through accurate forecasting using AI-driven methods that take into consideration historical data, reaTime updates, and fast adaptation to changing market conditions and disruptions.
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