Supply chain decision intelligence 'a business imperative'

Fred Laluyaux, CEO of decision-intelligence specialist Aera Technology, discusses how the company's Aera Decision Cloud platform is revolutionizing business decision-making. The platform acts as an intelligent digital assistant, providing recommendations based on real-time data to optimize business objectives. Laluyaux emphasizes the growing recognition of decision intelligence's value in the market, with Gartner identifying it as a top trend. Companies in various industries, such as consumer packaged goods, are using Aera's technology to improve customer service, inventory management, and procurement. Adoption of decision intelligence is expected to have positive economic, societal, and environmental outcomes.

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Frequently Asked Questions - Supply Chain Decision Intelligence

Q: What is decision intelligence in supply chain management?

A: Decision intelligence in supply chain management involves using past and existing data to identify hazards and suggest actions and management solutions. It goes beyond simple dashboards to provide a deeper understanding of analytics. (Source: SmartKarrot Blog)

Q: How does decision intelligence technology help businesses?

A: Decision intelligence technology helps businesses create the best-possible action plan by providing detailed answers to specific questions. It enables businesses to make data-driven decisions. (Source: Gurobi Optimization)

Q: Why is decision intelligence important for businesses tackling supply chain disruption?

A: Many companies tackling supply chain disruption consider themselves data-driven but may not have the necessary decision intelligence. Asking the right questions and utilizing decision intelligence can be essential for overcoming supply chain constraints. (Source: VentureBeat)

Q: What role does decision intelligence play in supply chain management?

A: Decision intelligence plays a crucial role in supply chain management as it helps identify hazards, suggests actions, provides detailed answers to specific questions, and enables businesses to make data-driven decisions to overcome supply chain constraints.

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