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Tag Archives | Business Processes

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Strategic Decision Making with Machine Learning (ML)

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Automation has a profound role in improving Operational Excellence and Decision making.  Organizations, these days, are increasingly using Machine Learning (ML) to improve the Strategic Decision making expertise of their leaders. Global research by MIT Sloan Management Review in collaboration with Google—involving 4,700 executives and a number of Key Informant Interviews—indicates that ML is gradually […]

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Supply Chain Management: 6 Building Blocks of Warehouse Cost Reduction

Flevy's Black Friday Sale is going on now! Over 25% off 85+ business best practices—business frameworks, financial models, templates, and other tools. Check it out now.

Cut-throat competition in industries has driven companies to find ways to reduce costs while increasing efficiency.  To accomplish this, most companies have skillfully endeavored to streamline Sales, Operations Planning, Forecasting, Inventory Management, and Logistics. One area that has still not grabbed industry’s attention is out-bound Supply Chain Management–from packaging to final delivery.  Companies generally neglect […]

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