SupplyChain Magazine April 2016 | Page 27

9Turn data into decisions
The purpose of data analytics is to prescribe an actionable insight to the decision-maker . Executives must be prepared to act upon the data ’ s results once available in order to capitalise on the opportunities presented . Without action on the part of the decisionmaker , data remains just that — data . om AP and AR

9Turn data into decisions

The purpose of data analytics is to prescribe an actionable insight to the decision-maker . Executives must be prepared to act upon the data ’ s results once available in order to capitalise on the opportunities presented . Without action on the part of the decisionmaker , data remains just that — data . om AP and AR

sed its data , it ’ s ults . Big data will call mpany ’ s procure-totive should consider time and money .
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