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Turning Data Into Dollars

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hash.era
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Re: Turning Data Into Dollars
hash.era   2/18/2013 10:49:40 AM
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Yes and executing right on time with right resources is what we have to do more on a regular basis. I think if we can get these acts properly we are very much well on course. 

nimantha.d
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Supply Network Guru
Re: Turning Data Into Dollars
nimantha.d   2/17/2013 11:03:11 AM
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Most of us plan for the long run but it fails in between since we do not execute our plans right on time. That is where things do get stucked.

hash.era
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Re: Turning Data Into Dollars
hash.era   2/16/2013 10:26:39 PM
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Yes definiely since it is something which should be considered if you are thinking about a long run.

t.alex
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Re: Data to dollars
t.alex   9/14/2012 8:43:49 PM
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This is one good case of adopting cloud solution into the supply chain. Real time updates being sent immediately via push notification is a great idea. Smart phones and cloud are of good use.

nimantha.d
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Supply Network Guru
Re: Turning Data Into Dollars
nimantha.d   9/12/2012 10:54:06 AM
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Well for that you need a strong market analysis done. If not (which I still feel the best out of the lot) try to get the customers involved in decision making process. That will give confidence to customers plus you will gain what exactly the customers want.

stochastic excursion
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Re: Turning Data Into Dollars
stochastic excursion   9/11/2012 8:46:03 PM
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Enterprise visibility is one of those things where more is always better.  The challenge here is having a package flexible enough to serve the right data in a visually informative way to customers who have widely different objectives in what they want to view.

nimantha.d
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Supply Network Guru
Re: Turning Data Into Dollars
nimantha.d   9/11/2012 10:42:52 AM
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Exactly, data is money and information is lot of money. You cannot say data does not carry a price tag. It does but when its being converted into information, you get the real deal. Keep data safely and use wisely when needed only and you will get the ROI done in quick time.

hash.era
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Re: Turning Data Into Dollars
hash.era   9/11/2012 6:39:37 AM
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Data is always money. Most of the time you have to pay for what you take and making data into information will be like turing data into dollars. Whatever the information you generate via data will be used to perform some kind of an activity related to your business which will ultimately generate cash for the company.

SP
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Supply Network Guru
Turning Data Into Dollars
SP   9/11/2012 6:28:26 AM
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So true.These huge data if analysed properly can help in mitigating many risks. But you need manpower to do that. Not sure if companies are already started investing in these studies.

Barbara Jorgensen
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Data to dollars
Barbara Jorgensen   9/10/2012 12:59:40 PM
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There is definitely an opportunity here for compnaies that can crunch data and make it meaningful. It is one thing to retain it--any company can do that--but another to use that data to improve internal operations or customer support.



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