Product Engineering for Digital Transformation:
5 Steps from Strategy to Execution
Digital transformation has reached every industry, with almost 89% of business leaders perceiving it as a strategic priority. Many companies go through paradigm shifts induced by new technologies and methodologies. However, the field of product engineering is the most impacted. While the transformation journey for every organization is different, here’s a look at what the […]
Top 7 MLOps Predictions and Trends to Lookout for in 2023
MLOps seems to be the missing link between machine learning, data science and data engineering. What is striking, is the way MLOps is emerging to seamlessly unify these functions than ever before. It is enabling professionals and advanced systems to consistently deploy ML algorithms and solutions for improved productivity. On one hand, new trends in […]
5 Steps to a “Servitized” Supply Chain
Supply chain organizations face multiple challenges, including increased costs, reduced margins, customized offerings for their client base, and rapid commoditization. Tackling these challenges isn’t easy, so organizations are evolving beyond product creation and adopting a strategized product-service approach called “servitization.” As the need for servitization grows, manufacturers and supply chain management organizations are transitioning from […]
Fleet Routing Optimization by Google Cloud
Businesses with optimal supply chains can achieve 5-15% lower supply chain costs, around 30% fewer inventory holdings and up to 3X cash-to-cash cycle speeds. Yet, several businesses are underperforming due to operational inefficiencies, unexpected disruptive events and constraints, including: Incorrect real-time traffic condition assessment increases logistics costs and reduces the chances of on-time delivery. The […]
The Resilient Digital Supply Chain
In the face of unprecedented disruption, organizations are embracing change but more so, digital supply chains to deliver efficiency and resiliency. “Disruptions cause several challenges, the biggest of which is demand volatility. Ever since, organizations have been searching for ways to build resilient supply chains that are efficient yet sustainable. Intelligent workflows – the key […]
Ways in Which Data Monetization Impacts Business Strategy
Highly competitive organizations and innovative companies are seeking new competitive fields and exploring new avenues to success. Technological advancements continue to pave the way for a new era of competitiveness where data is viewed as a strategically evolving asset capable of unleashing new opportunities for monetization. Data monetization is not about information technology or business […]
Supply Chain Sustainability: Are Supply Chains Going Green?
As per the World Economic Forum, a “sustainable” supply chain is one that considers its environmental, social and governance (ESG) implications right from procurement of raw materials to delivery of the end product. However, this definition continues to evolve with a growing number of businesses encompassing post-purchase, returns and disposal in their ESG initiatives. Since […]
Revolutionizing Supply Chain Efficiency
Supply chains cannot operate if they are seen simply as cost centers that bring in efficiency. This thought is quickly being replaced by efforts to build agile supply chain networks that can drive growth even in the most challenging times. As a result, more and more enterprises understand the role digitization plays in supply chain […]
The Antifragile Supply Chain
“Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.” –Nassim Taleb The last few years were undoubtedly among the most disruptive in history – social distancing was not the only form of isolation supply chain leaders had to practice. They also had to break away from […]
3 Ways to Monetize Data and Analytics
Monetize your data – a mantra many companies are looking to implement to grow through data and analytics. Although companies are following the data monetization trend by launching data-focused businesses, only some achieve significant or notable financial impact. At which stage does this occur? Data monetization must be aligned with a company’s data strategy. However, […]
