IBF on Demand Episode 4: Predictive Analytics & Digital Transformation - The good, the bad, and the ugly.
Sponsored by Arkieva. Learn more about digital transformation: [ Ссылка ]
04:18 Improving forecast accuracy with predictive analytics
11:47 Pitfalls to avoid in Digital Transformation
12:00 Having a clear vision for the transformation
15:22 Getting executive sponsorship and engagement
21:50 Importance of a technology partner
Over 70% of predictive analytics implementation initiatives fail. Eric Wilson CPF and special guest, Misty Doan CPF, dive into how to make digital transformation work. Hear how Misty achieved a 26% improvement in forecast accuracy after 18 months, reduced excess inventory, increased fill rates by 10%, and reduced premium freight costs and fines by 17%. And hear Eric's 5 tips for digital transformation success.
Useful article on change management: www.demand-planning.com/2018/01/25/want-to-implement-sop-first-you-must-become-an-architect-of-change/
Find out more about IBF at www.ibf.org and www.demand-planning.com
Find out more about Arkieva at www.arkieva.com
