This is the second post of a series about the market driven journey to demand driven forecasting. You can read my first post Supply chain transparency: The market driven journey here. If you are interested to know more about demand driven forecasting and planning taking demand responsiveness to the next level, you can
Telematics is a term originally coined to describe the coming together of telecommunication and informatics. In its widest sense, it is about the use of telecommunications technology to receive information and then affect other ‘things’ remotely. More often, however, it is used in a narrower sense. It represents the combination of
It is where digitalisation moves completely into the industrial sector. When devices meet cloud and sensors trigger decision making based on machine learning. Nikola Tesla predicted in 1926 that we would have a connected world with video phones and instant access to everyone across the globe. The world would be
On an ordinary Friday several important parts of the internet were unavailable for hours due to cyberattacks. It happened late in the afternoon in the US so in Europe only those who went to sleep late noticed it. Two things struck me in these attacks, the first one is that
Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people. It has emerged as a way to raise money without involving big lenders, and therefore is often used for projects that simply would not get funding any other way. But
The European Parliament has adopted new personal data protection regulation. This must be implemented in all organisations by end of May 2018, and applies also to EEA countries. The new rules mean increased responsibility for businesses and public administration, substantially higher penalties for violations, and a greater focus on control
It is early Saturday morning. Very quiet. Kids are still sleeping. Sun is slowly rising and the air is magically yellow, the kind of morning glow you only get in October when the leaves are slowly turning. I love this time of the year, this time of the day, this
The term market driven – or demand driven as some prefer to call it – refers to a situation in which the supply chain responds to the actual requirements of the market. It has been the utopia of supply chain planning for years, and the number of business strategies and
Telia achieves higher customer satisfaction, higher customer loyalty and higher revenue by bringing data, analytics and valuable insights to their business customers. More satisfied customers equals lower churn and increased revenue. It is usually cheaper to retain customers than acquire new ones. Satisfied customers are more likely to recommend your
A few decades ago, when the first business intelligence solutions appeared, based on carefully designed data warehouses, real-time data capture was a distant dream. Reporting cycles were weekly or monthly at best, with data cleaned and loaded to match. Fast forward to now, and the demand for rapid data-driven decision-making
