Five ways to retain your Data Science talent

1. Think long term during the hiring process In this Data Science frenzy, it is easy and tempting to hire what I call “warm bodies” – resources that will “get the job done”. Hiring advanced analytics talent is an investment, not only in monetary terms but it is also an investment in your organization’s future….

Launching a successful Self Service Machine Learning product

So you have a Self Service Machine Learning product offering….. Unfortunately so do a plethora of other companies The fact is- the marketplace in this space is already getting crowded. Many organizations are joining the rush to transform themselves to align with Digital Transformation explosion. Every major IT company, including many that were largely perceived…

Developing a smart Six Sigma program in Digital Manufacturing

Digital Manufacturing is plain automation..until you know how to extract the full value and evolve it into Smart Manufacturing Real time process monitoring is one of the key functionalities of Digital manufacturing. In addition to allowing you to monitor your manufacturing process for optimality , it also provides you an opportunity to upgrade your quality…

What Exactly is Digital Transformation ?

Digital Transformation is the third step of your Digital Journey Many  “Digital Transformation experts” use the terms digitization, digitalization and digital transformation  interchangeably. However, they have distinct meanings, particularly in the context of Supply Chain. They can be treated as steps in a process, starting with a literal conversion and ending with the creation of…

Ten building blocks of your Supply Chain strategy

Supply Chain strategy as a competitive weapon In today’s rapidly evolving business landscape, developing a robust Supply Chain strategy is critical in order to be able to serve your customer better and faster than your competitor. Even though it has become important to ensure that Supply Chain strategies are not rigid and have flexibility to…

Four ways to prepare your Supply Chain for Recession

Prepare for the inevitable In a 2010 HBR article titled “Roaring out of Recession”, the authors analyzed data from three different recessions (1980,1990 and 2000) to evaluate the impact on public companies. One interesting finding from that study was that out of 4,700 public companies studied, 9% of the companies not only recovered from Recession-they…

Supply Chain segmentation : An applied example

Increasing importance of Supply Chain segmentation Ever evolving consumer and Supply Chain landscape is driving increased complexity into product offerings and distribution channels, which then impacts the effectiveness of the Supply Chain. Supply Chain segmentation is a powerful tool that when leveraged effectively, will allow you to provide a great brand experience to your customers…

Segmenting your Supply Chain for Digital transformation

Robust and relevant processes are the foundation of digital transformation Digitization happens around a process and if the processes in place are not optimal,  realizing the true value of digitization of your Supply Chain will be challenging. What is the most effective strategy to implement digital is a very broad discussion topic in itself. You…