Supply Chain

Data Driven Decision Making: Harnessing the Power of Information

TL;DR What is Data Driven Decision Making? Data driven decision making involves making strategic decisions based on data analysis and interpretation. Businesses use the insights gained from data analysis to support their choices instead of their gut feeling or intuition. Even so, data driven decision making can be done in many ways, for example: What

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Master Data in Supply Chain and Manufacturing: Starter Guide

Introduction to Master Data in Supply Chain and Manufacturing Master Data in Supply Chain and Manufacturing represents the business-critical information that forms the backbone of an organization’s transactional operations and decision-making processes. In the context of supply chain and manufacturing, Master Data encompasses key details about products, suppliers, customers, materials, and facilities. Let’s take the

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