article thumbnail

10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275
article thumbnail

A Beginner’s Guide To Inventory Metrics And Best Practices

datapine

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Optimize your workloads with Amazon Redshift Serverless AI-driven scaling and optimization

AWS Big Data

To address this requirement, Redshift Serverless launched the artificial intelligence (AI)-driven scaling and optimization feature, which scales the compute not only based on the queuing, but also factoring data volume and query complexity. The slider offers the following options: Optimized for cost – Prioritizes cost savings.

article thumbnail

The great repatriation? IT leaders reset cloud strategies to optimize value

CIO Business Intelligence

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

article thumbnail

Supply Chain Network Design in 30 Minutes

Speaker: Catalina Perez Leiva

Does it overly contribute to your costs? Has Excel reached its limits for mathematical optimization? Learn how AIMMS Network Design helps you run various scenarios to make informed decisions, all with personal, high-care implementation support and onboarding. AIMMS Network Design features, functions, and technology: Use cases.

article thumbnail

Your Guide To Modern Agency Analytics, Dashboards & Reporting Techniques

datapine

Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports! Agencies benefit from interactive dashboard tools to prove the success of their strategies and campaigns to clients.

article thumbnail

How to Set AI Goals

O'Reilly on Data

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

article thumbnail

Common Use Cases for Mathematical Optimization

Mathematical optimization is a subset of artificial intelligence and a type of prescriptive analytics. It determines ways in which business processes should evolve or be modified, providing implementable solutions with known cost and/or benefit. Want ballpark estimates of value and benefits achieved through optimization.

article thumbnail

Customer Experience Management: Optimizing Your Strategy for Financial Success

Speaker: Diane Magers, Founder and Chief Experience Officer at Experience Catalysts

She’ll explore how to pinpoint, measure, and attain benefits such as increased revenue per customer, call reduction, reduced attrition, referral growth, and reduced cost-to-serve through CX improvements, all while actively engaging your customers.

article thumbnail

Supply Chain Network Design Use Cases; From Lowering Cost to Going Green

Speaker: Aanand Pandey and Catalina Perez

Need to lower your supply chain costs, speed up delivery times or decrease carbon emissions? Start optimizing your supply chain! Finding optimal locations for plants and other resources. Finding optimal locations for plants and other resources. Modeling carbon cost. Dealing with abrupt changes in demand.

article thumbnail

The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. That’s where data-driven construction comes in.

article thumbnail

LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

However, productionizing LLMs comes with a unique set of challenges such as model brittleness, total cost of ownership, data governance and privacy, and the need for consistent, accurate outputs. Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications.