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In business, making good decisions is a must. You have to manage risk well. Today’s business is using analytics to drive decision making, and therefore needs to design and implement platforms that make this possible. If a business doesn’t properly set up their analytics or intelligence systems, their decisions may not be made with a useful perspective. Let’s take a look at these systems to see if you may be being fooled by your own numbers.
Today’s business has to be concerned about more variables than ever. Companies that depend on their supply chain, and those that distribute goods, need to be able to rely on their management to coordinate efficient and effective business. In the past, business moved slower, and the management of a supply chain was done by a department of people. Today, the process is significantly more streamlined. Today, we’ll take a look at contemporary supply chain management and how thorough logistics can be a real difference maker.