Organizations have turned to prescriptive analytics to find the best course of action amidst the uncertainty of COVID-19. Explore how prescriptive analytics in healthcare has become a needed tool during the pandemic.
In the race to improve e-commerce fulfillment and logistics, companies can experience technological difficulties because of the difficulty maintaining full-speed operations during a back-end overhaul.
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Prescriptive analytics takes a look back at usage, a look forward forecasting data trends as well as additional data sources and analysis of multiple outcomes and scenarios to make recommendations by utilizing capabilities technologies such as artificial intelligence. They use prescriptive analytics in many ways, such as short-term and long-term healthcare plan analysis, as well as disease and medical remedies for patients and providers. It is also an extremely useful tool to develop new cures and treatments.
It is an honor to be selected as a 2018 Pros to Know by Supply & Demand Chain Executive. The supply chain is integral to our customers who utilize technology to give them up- to-the-minute status of products and materials within their supply chain, enabling them to better manage inventory control, increase sales, and provide the highest level of customer service. We strive to ensure our customers have these tools available so they manage all areas of the supply chain, from the warehouse, to the mobile sales force.
Especially considering the amount of returns that brands like Rent the Runway have to process, having an ERP solution that can ensure visibility into the product’s entire journey to the consumer can be crucial for [direct-to-consumer] brands. Technology is meant to streamline and aid companies in their operations, not create a costly headache.