Remove Big Data Remove Groups Remove Procurement Analytics
article thumbnail

Big Data Analytics are Table Stakes for Digital Age Businesses

Enterra Insights

Business executives are always looking for a competitive edge and many have turned to advanced analytics to find that advantage. In the digital age, they often gamble their company’s future on the decisions they make, which is why advanced analytics have become table stakes in business. What do you want from your data?

article thumbnail

Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pillars Supporting the Digital Path to Purchase

Enterra Insights

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Staying Current Using Real-time Analytics. ”[2].

article thumbnail

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

On September 30, the big data company Palantir went public in an initial 22B$ market valuation. I am frequently asked, “Can a big data data science company help to alleviate the current market pain in the supply chain?” Data science is only useful when companies are clear on the question to ask.

article thumbnail

Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

I know that your primary focus is procurement. Or planned orders to purchase orders?) Similarly, groups still believe that the world is flat even though Pythagoras in the 6th century BC and Parmenides in the 5th century BC determined that the earth was a sphere. Data Everywhere, Insights Are Few. I don’t know.

article thumbnail

Purchasing & Supply Management: What We Should Teach (Guest Post by Lydia Bals)

SCM Research

Today’s guest post comes from Lydia Bals, who presents project PERFECT’s recent insights on competences in purchasing & supply management. In total, 46 interviews were conducted with representatives from 16 companies, standing for various industries in the European Union, and differing in their sizes and business models.

article thumbnail

Customer Segmentation in a Privacy-driven World

Enterra Insights

James Mullany , a group director at marketing agency Beeby Clark+Meyler, insists the era of micro-targeting is over. He explains, “Opt-outs are surging, data collection is limited, and once-granular targeting options are fading.”[1] … When consumers are acting weird, marketers need to open their minds to new markets.”