Leveraging Advanced Analytics to Improve Spare Parts Forecast Accuracy
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Digital technologies are revolutionizing conventional supply chains and bringing in real-time benefits such as increased productivity, cost advantage, and end-to-end transparency. However, the challenge lies in converting real data into actionable insights.
By using advanced analytical modeling to turn data into actionable insights, businesses can save millions of dollars through improved forecast accuracy, reduced safety stock, and eliminating stock-outs.
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