Data Analysis Help

50% of companies are not able to measure the cost of their data, according to the results of a survey conducted by ICRON , a leading provider of Optimized Decision Making and Supply Chain Optimization software solutions. The survey, which was completed by 165 executives at the IoT EurAsia 2018 event held in Istanbul last week, revealed that approximately half of companies – and only 35% in the manufacturing sector and 43% in the services sector – can accurately gauge their data costs, which may include costs for data collection, data cleaning, data updating, and data storage and access. The survey also showed that only 68% of the data collected by companies is considered to be reliable and of good quality, while 32% of the data is thought to be unreliable and of poor quality. Only 12% of the respondents said that all the data that their companies collect is reliable and accurate. Furthermore, the group of executives who admitted that they don’t know the cost of their companies’ data a...

The global aviation fleet is set to grow steadily over the coming decade, with global CAGR at 3.4%, and areas such as Asia-Pacific, seeing CAGR of 4.2%. This will significantly increase the demand for aircraft Maintenance Repair and Overhaul in the following years. Increased demand will introduce new competitive forces and an increasingly demanding customer base. MRO companies will respond by capacity increase, overtime or hardware technology updates to accommodate the increase but this wont be enough or even if it would be enough the constraints on resources and the sheer cost of increasing capacity will be prohibitive. A more intelligent way to handle the growth will be using game changer IT Technologies. Using advanced data analytics, predictive maintenance, data visualization and algorithmic supply chain planning and scheduling will enable companies to significantly increase the productivity and predictability of their MRO operations. You may have heard the first 3 IT Technologies ...

This Supply Chain - Inventory and Product Availability Dashboard demo application provides visibility into inventory levels (in-store, depot, and in transit) and potential insights into availability through out of stock measures and sales information. Lack of availability can mean lost potential sales. Too much inventory creates excess costs. The demo app is designed to give visibility into the Retail environment to Consumer Products companies. The source data is the Retailer who makes information available from their store EPOS and depot systems to the Consumer Goods company. This demo gives consumer goods company and any retailers a picture of product stock levels in store, depot and in transit, as well as sales analysis. The app supports Consumer Products companies in their effort through allowing users to reduce out-of-stocks and lost sales potential, as well as identifying potential alternative sources of replenishment. This data can be viewed at the multiple levels and locations,...