How Analytics Can Help Organizations Prepare for the Supply Chain’s Uncertain Future

About the only thing organizations were certain about when the pandemic hit was that the future of the supply chain was uncertain. Different government responses at different times around the world meant that companies needed to figure out where they would experience problems…and then anticipate what might become a problem next.

Reliable data that companies had culled for years became less reliable as the pandemic wore on, and companies needed to adjust. They began to look for any ways they could make their data usable again. Part of the solution for many organizations was turning to innovative technologies to get the information they needed to make sure their business could survive COVID-19. Here’s a look at some of those technologies and how they’ve been used effectively.

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The Changing Meaning of Data in a Post-Shutdown Economy

The COVID-19 pandemic has thrown the entire United States economy for a loop. For some companies the past few months have delivered a blow that they will not be able to bounce back from. Other companies, meanwhile, are trying to figure out a way forward in a situation with very little precedent.

In the modern business landscape, it has become a no-brainer solution that when organizations are looking to plan ahead, they turn to data. But one of the unique challenges of this situation is that it has left many businesses with a lack of data that could help them analyze their way out of a problematic situation. Here’s how that has happened…and what companies might be able to do to try to get back to the new normal. (more…)

Supply Chain Changes for a Post-Pandemic World

As states and countries re-open in the midst of the COVID-19 pandemic, the hope is that everything will get back to normal. There are certainly aspects of life that will never quite get back to what they were like before the pandemic. The supply chain could very well end up being one aspect that is forever changed.

In a recent survey by BSI, about half of the respondents said that they will be making changes to their supply chain going forward. Just what those changes might look like for these organizations and many others is hard to imagine at this point. Here are a couple of possible approaches businesses could take, and how the supply chain of the future might shape up.

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How the Transportation Industry is Responding to the COVID-19 Pandemic

There are certain products that have seen an increase in demand in the face of the COVID-19 pandemic. Canned goods, for example, have been flying off store shelves, meaning that the companies that produce the cans for those goods have been ramping up production.

Just as important as the places producing the cans are the trucks getting them from the plants to the food companies, and then from there to the grocery stores to be sold. Here’s a look at some of the adjustments the transportation industry has had to make in the face of the COVID-19 pandemic. (more…)

Customer Spotlight: FREJA Transport and Logistics

FREJA’s story might sound familiar to any number of organizations in any number of industries: for a long time, the company had a business intelligence solution in place, but it wasn’t using it to its full potential. When FREJA took steps to develop a clearer business intelligence strategy, the benefits of Dimensional Insight Platform with Measure Factory became increasingly clear to many of its employees.

FREJA is a privately-owned transportation company specializing in road transport, but offering sea and air freight as well. The company owns 2,600 trailers and handles two million shipments a year with the trailers driving 270 direct routes every day or every other day. Here’s a look at how it’s using analytics and the power of Measure Factory in its business. (more…)

How Artificial Intelligence is Helping Fight COVID-19

The world is currently experiencing one of its largest pandemics with at least 248 million Americans in at least 29 states advised to stay at home. But modern technology such as artificial intelligence has become a promising tool in the fight against COVID-19. As humans do their own part to protect each other and “flatten the curve,” AI offers a few benefits itself that may help decrease the severity of the coronavirus. Let’s examine. (more…)

How Businesses Can Manage their Supply Chains During the COVID-19 Pandemic

In the best of times, a disruption to the supply chain can cost an organization valuable time and money. In the current climate, the repercussions are not only clear to the organization, but also to people who may have never heard the term “supply chain” before.

The sight of empty shelves where common items like toilet paper are usually stocked, or news video showing a shortage of medical supplies makes everyone aware of what is and what is not available because of the COVID-19 pandemic. Some companies took steps after previous supply chain disruptions to prepare themselves for a situation like this. Others were not so prescient. Here’s a look at both sides of that coin, and how everyone can prepare themselves for the next major disruption.

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How Analytics can Help Hospitals Better Manage their ICUs

For the past few weeks, hospital intensive care units (ICUs) have been at the forefront of conversations surrounding hospital readiness and capacity during the COVID-19 pandemic. It’s critical for hospital administrators to understand capacity and resources in order to provide high-quality care to patients.

ICUs have a unique set of challenges due to the acuity of patients, the types of resources needed (such as ventilators), and higher per-patient levels of staffing and necessary specializations. An analytics platform can help give insights into these challenges. Let’s take a look. (more…)

COVID-19 Analytics Toolkit Available for Healthcare Providers

As healthcare providers mobilize in their response to the COVID-19 pandemic, their data is an important guide in helping them understand where their resources are being used and what their capacity is as new patients come in.

In order to help healthcare providers as they try to gain insight into their operations and capacity, Dimensional Insight is now offering a COVID-19 analytics toolkit. Here are some of the details. (more…)

Leveraging Social Determinants of Health Is Easier than You Think

There’s been a lot of discussion over the last several months in the healthcare world about social determinants of health – or SDOH. These are factors that relate to a person’s physical environment and social circumstances that impact their well-being.

Social determinants of health account for up to 80% of the impact of an individual’s health, but that data accounts for only about 20% of the information collected in a healthcare setting. That’s why providers are now looking for ways to better incorporate SDOH into population health datasets. There are some easy ways to do so – let’s examine. (more…)