The great news for smaller businesses is that data analysis and graphical visualization tools have come such a long way in recent years with the capabilities and ease of use improving all the time. The market for these tools is highly competitive, so companies that offer solutions in this market have no choice but to race forward in an attempt to stay ahead of the competition. This situation is beneficial for companies looking to buy these tools since the high competition level has brought prices down far enough that every business can afford them.Read More
Analytics Articles: Human Resources, Supply Chain, Diversity and Business Analysis
Numerical Insights publishes articles on a variety of topics including business analytics, data analysis, data visualizations tools, improving business results, supply chain analytics, HR Analytics, strategic workforce planning, and improving profitability. We aim to make our articles informative and educational.
Why is product rationalization important? As the number of products increases and products move through their life cycles, the percentage of products that become low volume and/or low profit increases. So how does product rationalization work?Read More