In conjunction with Manufacturing Insights, IDC, this study examines collaboration among manufacturers and retailers, beginning with the economic factors that influence their behavior to the impact of sustainability and RFID and ongoing challenges such as managing supply chain risk, innovation and demand and promotion data.","alternateLabel":"Research","teaserImage":{"id":907,"url":"https://assets1.consumergoods.com/styles/secondary_articles_short/s3/cg_sharedstrategy07_cvr.jpg?itok=KU-3hREM","width":75,"alt":null,"height":103},"sponsored":false,"businessTopic":[],"company":[],"contentType":[]},{"title":"Awash in Data","id":15041,"bundle":"whitepaper","url":"/awash-data","date":"2007-08-07T00:00:00","author":{"email":"devteam@ashday.com","uname":"ash_root","firstName":"Root","lastName":"Man","bio":null,"title":null,"picture":null,"phone":null,"contactForm":true},"summary":"CGT partners with HP to understand what kinds of BI outputs are being used today and for what purposes, and then identify the opportunity for future development.","body":"
Consumer Goods (CG) companies are awash in data, and more successful companies do a better job of leveraging data throughout the enterpise. Because of the importance of turning this mass of data into actionable information, business intelligence (BI) has risen to the forefront of technology initiatives as a way for the business -- not just IT -- to take ownership of data streams and enable better and faster decision making.
This month, CGT partners with HP to understand what kinds of BI outputs are being used today and for what purposes, and then identify the opportunity for future development. The unfortunate learning from this research is that thereis tremendous room for improvement, as too many companies are not effectively using technology to leverage the data they already have in-house.
Vision Chain's consumer products solution together with SAP applications are expected to drive reduced forecast error, reduced out-of-stocks, and improved collaboration with retailers through a demand-driven supply network.
CGT partners with HP to understand what kinds of BI outputs are being used today and for what purposes, and then identify the opportunity for future development.