How To Use Data In YOUR Supply Chain #shorts

Introduction

One of the most significant challenges that has emerged recently, especially noted by Gardner over the past year, is tackling cognitive management (M). As organizations continuously generate an enormous amount of data and handle vast quantities of information, the pressing question remains: How do we make decisions based on this data in a format that is both easy to understand and effectively aligns with our business objectives throughout our supply chain?

Observing the strategies used by the Four Kites team sheds valuable insight into this problem. Their focus on actionability stands out as a crucial element—it's not merely about collecting data but understanding the optimal methods to present their platform. The goal is to ensure that stakeholders can derive maximum benefit from the available data, thereby improving decision-making processes across the supply chain.

Keywords

• Cognitive management
• Data-driven decisions
• Business objectives
• Supply chain
• Actionability
• Presentation methodologies
• Four Kites team

FAQs

Q: What is cognitive management (M)? A: Cognitive management refers to the process of using advanced technologies and methodologies to process vast amounts of data and transform it into actionable insights.

Q: Why is decision-making based on data challenging? A: The challenge lies in converting large volumes of data into a format that is easy to understand and directly tied to business objectives, ensuring effective decision-making.

Q: How does the Four Kites team address these challenges? A: The Four Kites team focuses on actionability—presenting data in a way that stakeholders can easily understand and use to make informed decisions within the supply chain.

Q: What is the main benefit of effective data presentation? A: Effective data presentation allows businesses to derive maximum value from their data, which enhances decision-making and aligns strategies with business objectives across the supply chain.