The number of business data in circulation is constantly increasing. Companies must constantly adapt in order to capture these flows, which are not necessarily structured. Today, there are many tools available for analysis at different levels of complexity and depending on the maturity of the company.
The difficulties lie not on technology, but on the ability to repeat a systematic approach that improves the company's performance and competitiveness. Data analysis and metrics projects are at the heart of performance improvement, strive to enhance decisions to be made and are one of the tools to be used in today's world where both customers and competitors are constantly using information flows.
These analyses concern many areas: Supply Chain and Logistics, sales forecasting, dynamic pricing, predictive analysis, etc …
This infographic from smartoperations.ch aims to give some key considerations to people deciding to implement those projects. These are complex projects that require to involve specific skills as soon as possible in the process in order to achieve satisfactory results.