KEARNEY
Sense and Pivot is aimed at companies unique organisational objectives , such as cutting costs , meeting new demand requirements or achieving scalability . By leveraging advanced technology to sense information signals , Sense and Pivot goes beyond the collecting and analysing data and improves business performance by creating opportunities for proactive actions and well-informed decision making .
At one customer , using advanced analytics and sensing daily inventory consumption demands at the SKU and store level , the company is able to pivot and quickly adjust shipments to reallocate inventory , reducing stockouts , returns and inventory waste , increasing it ’ s annual operating income by 10 %.
However , none of it can be accomplished without the right people doing the right things .
Ghandi On People “ We love technology . Absolutely . Who doesn ’ t ? But you don ’ t want to over-index on that either .”
The Building resilient supply chains report states “ Initiatives to drive digitalisation and supply chain resilience must include components of people and process change
220 March 2021