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DiverBIGroup

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Diver BI Group Blog

How a Growth Mindset Can Help You in Analytics

25th January 2023

What are some characteristics of a growth mindset and how can having this frame of mind benefit people who work in analytics? Here are three ways.More

Tags: growth mindset;data analytics;setting goals;growth learning

How Organizations Can Use Analytics for Supply Chain Agility

25th January 2023

Supply Chain Management

When the pandemic hit, the companies that found the most success were the ones that could pivot the most quickly. You shouldn’t have to rely on a lucky alignment of circumstances for ways that your business might survive an interruption. It’s not too late to put a system in place so your organization can get an idea of what to expect the next time the unexpected happens.More

Tags: supply chain;supply chain disruption;digital agility;supply chain agility;pandemic supply chain

5 Data Trends for 2023

19th January 2023

2023 is shaping up to be a unique year. Over the past couple of years, the pandemic forced people to adopt many different ways of interacting with data. Now, the challenge is to build upon that in new ways.
In this white paper, we look at some of the data trends that will result from this unprecedented set of circumstances.More

Tags: Adaptive AI, Cloud technology, Data governance and regulation, Democratization of data, Real-time data

The Right Analytics Solution Involves More Than Data Alone

11th January 2023

healthcare analytics

Data analytics tools are wonderful when they are used appropriately. But they shouldn’t be used to tell the complete story of an organization. In fact, they can’t.
There are cautionary tales everywhere about the misuse of data – organizations who were focused only on cutting costs, or taking information out of context without considering other repercussions.More

Tags: hub-and-spoke, performance of employees, point-to-point, Staffing shortages

Inventory Analytics: Four Key Sales-Related Metrics to Watch

6th January 2023

The ever-increasing digitization of the distribution business is generating ever-increasing amounts of data – and making it harder to discern which metrics are the most important for profitability and growth. For distributors, inventory is one of the most important drivers of success, thus underlining the need for insightful and actionable inventory analytics. Here are four metrics related to inventory and sales that will help distributors up their game.More

Tags: Gross Margin Return on Investment (GMROI), Inventory and sales metrics, Lost Sales, Rate of Return, Sell through rate

Inventory Analytics: Two Sets of Metrics that Really Matter

6th January 2023

Distribution is an intensely competitive business and inventory is key to determining profitability. Applying advanced analytics to inventory management is a savvy way for distributors to track their performance and gain insights that can fuel profitability and growth. Distributors have a wide selection of metrics at their disposal that they can use to gauge their performance. Let’s take a look.More

Tags: Average Cost per Unit, Average number of units picked, Average number of units put away, Inventory Carrying Cost, Inventory Shrinkage

What Data Can Tell Us About Mental Health

28th November 2022

Mental illnesses affect more than 52 million Americans, or about 20 percent of the U.S. adult population, according to the National Institute of Mental Health (NIMH). It would seem something afflicting so many people would provide plenty of data to study, but there is a tricky aspect to data surrounding mental health.More

Tags: crisis trends, Machine Learning, Mental Health Data

November Newsletter from Dimensional Insight

22nd November 2022

Techbridge, Dimensional Insight’s newsletter is packed with articles every month. Visit this page to download your copy and back-numbers or subscribe through the link on the page. This month, November 2022, we have separate newsletters devoted to Healthcare Topics and Goods & Services topics, so plenty of reading for everyone in the downloads. Highlights include, “Using Analytics to Get a Pulse on theHealth of Your Emergency Department” and “How Distributors are Using Analytics to Tackle New Challenges”.
More

Tags: Back Numbers Techbridge, Beverage Alcohol BI, cannabis analytics, Dimensional Insight Newsletter, Embedded BI, omicron data, renewable energy trends, Techbridge December, Techbridge January, Techbridge Newsletter, Techbridge November, Techbridge October

DIUC Videos 2022

11th November 2022

We are delighted to be able to share the full set of recorded presentations delivered at the Dimensional Insight User Conference in September 2022. This is a fantastic opportunity to catch up with any presentations you missed, or rewind and review the ones with more technical information.More

Tags: Dimensional Insight Videos, DIUC 2022 Videos, Diver Videos

3 Potential Life-Saving Uses of Data

9th November 2022

Data can help a business predict trends or it can provide a road map for how an organization can react to a possible disruption five years from now. But can it save lives?
All kinds of scientists are working to answer that question. Here are three potentially life-saving uses of data.More

Tags: Artificial Intelligence, Fire Data, Suicide Prevention Data, Whale Safe

What Data Can Tell Us About Being A Good Leader

24th October 2022

There’s a reason organizations use data to make important business decisions: the analytics produces results that benefit the organization. Whether it’s simply a report that brings together existing data to assess progress or predictive analytics using that data to understand what is likely to happen in the future, if business leaders want to do their jobs as well as possible, they want to employ analytics however they can.More

Tags: identify good leader, Leadership data, Leadership Traits

How Distributors are Using Analytics to Tackle New Challenges

5th October 2022

Industrial Container Cargo for Logistic Import Export at yard (Elements of this image furnished by NASA)

The past few years have been particularly volatile for the beverage alcohol industry, with many companies forced to abruptly change their business strategies to reflect the new status quo. Increased pressure from shifts in consumer behavior, along with the expansion of e-commerce and the emergence of major disruptions such as the COVID-19 pandemic, have all put serious strain on the traditional three-tier system.
Here we explore ways that analytics can help mitigate the strains.More

Tags: beverage alcohol analytics, distribution, HR data analytics, retail survey

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