Data for Decisions

BlogsDigital Transformation in Supply Chain Management Improve the Business Performance

July 25, 2022by Shashiraja

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By harnessing the power of advanced digital technologies and increasing real-time visibility into every part of the value chain, supply chain organizations can more proactively identify areas of potential risk prior to an issue, or more quickly notice and respond to disruption. Unsurprisingly, several organizations across sectors are embracing disruptive technologies and accelerating digital transformation....

BlogsHow Digital Technologies Help in Circular Supply Chain Management?

July 11, 2022by Shashiraja

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Do you know that climate change is ranked as the second most important global worry – according to research conducted by GlobeScan? The reason behind the climate concerns is our “linear approach” economy, where businesses harvest the earth’s natural resources and create and sell them. And then, these products are used and thrown away by...

BlogsThe Role of Blockchain Technology in Agriculture Supply Chain

June 30, 2022by Shashiraja

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Several industries, including life sciences, government, banking, and manufacturing, are adopting and using blockchain as it offers enhanced security, greater transparency, and instant traceability. Unsurprisingly, worldwide spending on blockchain solutions is expected to grow from 4.5 billion U.S. dollars in 2020 to an estimated 19 billion U.S. dollars by 2024, says Statista report. “The blockchain...

BlogsHow to Leverage Technology for Traceability and Anti-counterfeiting?

June 23, 2022by Shashiraja

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In the “Consumer Beware” era, most people want to know about their food source. The desire to eat healthy and the increased technology adoption have resulted in the transformation of agri-input supply chains. Fig.1: Demand for food information Source-Consumer Preferences for Traceable Food Due to the increasing demand for product information and the complexity of...

BlogsTop Technology Strategies to Improve Your Supply Chain Efficiency

June 15, 2022by Shashiraja

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314.51 million tones. That’s the total foodgrain production in India from 2021-to 22, according to this recent report by the Ministry of Agriculture, Government of India. That’s an increase of 3.77 million tonnes compared to the previous year. On the one hand, the country is witnessing an increase in foodgrain production, while on the...

BlogsDriving Sustainable Agriculture with Digitalization

June 10, 2022by Shashiraja

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9.8 Billion! – according to a report by the United Nations, that’s the projected world population by 2050. To sustainably feed this population, the Food and Agriculture Organization (FAO) suggests that we need to raise the overall food production by 70% between 2005 and 2050. This means that developing countries need to produce double the...

BlogsInventory Visibility Establishes Supply Chain Resilience Amid COVID-19

June 2, 2022by Shashiraja

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Visibility into inventory is a critical component of supply chain resilience. Without it, businesses are less likely to predict consumer demand and plan accordingly, which can cause excess and lost inventory. As manufacturers work to ensure the health and well-being of their employees while still meeting consumer needs during the COVID-19 pandemic, they must take...

Blogs4 real world causes to use RPA in Pharma industry

May 25, 2022by Shashiraja

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With its ability to automate a wide variety of previously time-consuming and expensive processes, robotic process automation (RPA) is quickly taking over multiple industries. The effects of this on the pharmaceutical industry are also showing quick results as the adoption of RPA is driven by vast amounts of demand. Here we can explore the benefits...

Blogs5 Steps to Become a Data-Driven Organization

May 19, 2022by Shashiraja

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The increase of technological advancements in business has necessitated the increase of data science, in particular data compilation and analysis. more data these days but the amount of data you are handling is only as important as the information you are churning out. Businesses are dealing with exponentially more data these days, however,...

BlogsHow are Real-World Evidence(RWE) and Real-World Data (RWD) changing the pharmaceutical industry?

May 12, 2022by Shashiraja

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Real-World Evidence is based on Real-World Data, so to understand Real-World Evidence, we need to cover data first! Real-world data is defined as any data collected in the context of routine care delivery, as opposed to data collected in a clinical trial where the study design controls variability in ways that are not representative of...

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