Data control and knowledge research continue to be an essential component of how brands conduct their businesses. In fact, this market will be successful in sales of $19.8 billion through 2026, according to ABI Research.
“For many manufacturers, it is identified that operational decisions should be based on empirical evidence that is assumed,” says Michael Larner, senior analyst at ABI Research.
“Demanding situations are not necessarily the capture and analysis of knowledge, but rather what you want to analyze in the first place,” Larner added. “The results will have to have a significant effect on operations and brands will have to take a step back and set express objectives.”
The report recommends that brands “involve suppliers to help them prioritize activities and shape projects.” The report cites examples of the use of knowledge research to increase production, quality or reduce waste.
Data analysis has been complicated by new technologies such as synthetic intelligence (AI) and device learning. The report notes that providers can not only report data, but also expect effects and take appropriate action.
Other advances in the arena, such as the advent of low/code platforms, allow you not to have to be knowledge scientists to use analytics in their roles, the report says.
“While brands have spent decades refining their physical production lines, they now want to make efforts to optimize their research and knowledge collection processes,” concludes Larner. But knowledge isn’t just collected for fun.
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A webinar organized through IndustryWeek on September 16, through MEP National Network ™
Date: Wednesday 16 September 2020 Time: 14:00 EDT (GMT -5, New York) Duration: 1 hour Event Type: Live Webinar Cost: Free
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The description
The effect of COVID-19 on the small and medium-sized U.S. production network. He has left a trail of unforeseen and devastating interruptions. Existing business plans were abandoned for many brands as they struggled to compensate for lost revenue, manage their existing staff, and place orders.
Join us to be aware of the secrets of positioning your business not only to face the winds against and strength through disruptions, but also to expand a competitive merit that will bring your business back to recovery times and beyond. You’ll also hear concrete examples of brands whose struggles have become opportunities that highlight American trade resilience.
In this presentation, you will be informed to capitalize on the seven features of a resilient expansion strategy:
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Speakers
Chris Scafario, Vice President of Consulting Operations, DVIRC
Chris Scafario is the vice president of consulting operations at Delaware Valley Industrial Resource Center (DVIRC). He works in Philadelphia and MEP’s national network to advance small and medium-sized brands and their source chain through leading the design, implementation and supervision of consulting facilities in spaces similar to operational excellence, profit expansion and business management.
Sylvia Wower, Vice President of Research and Strategic Growth, DVIRC
Sylvia Wower is vice president of studies and strategic expansion at the Delaware Valley Industrial Resource Center (DVIRC), where she manages the market acceptance progression department in the company’s market, adding place-to-place product studies on the market, product site prospecting on the market, and lead generation. While working at DVIRC, Sylvia has effectively controlled more than two hundred market site progression consulting projects for a variety of production sectors.
Technical details This webinar will be held in slide and audio format. Once you finish registering, you will receive a confirmation email with the main points to register for the webinar. System Test (opens in a new window) Contact Us
By submitting this form and its non-public form, you perceive and agree that the form provided herein will be processed, stored and used to provide you with the requested in accordance with Endeavor Business Media’s terms of use and privacy policy.
As of our services, you agree to obtain magazines, electronic newsletters and other communications about Endeavour Business Media’s related offers, its brands, affiliates and/or third parties in accordance with Endeavour’s privacy policy. Contact us by [email protected] or by mail at Endeavor Business Media, LLC, 331 54th Avenue N., Nashville, TN 37209.
You may opt out of receiving our communications at any time by sending an email to [email protected].