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The emergence of natural language analytics interfaces driven by generative artificial intelligence (GenAI) models has accelerated enterprise initiatives to enable data democratization—making data available to business decision-makers without the need to train them to use business intelligence (BI) tools. It has also heightened the need for agreed semantic models and business metrics, as well as...
Read MoreTopics: Operations, Data Intelligence, AI & Technologies
Collaborative Supply Chain Forecasting (CSCF) is a business discipline involving multiple supply chain stakeholders, including suppliers, distributors and sellers, that is aimed at producing a more accurate forecast of future demand and supply. Participants share supply and demand data, forecasts, assumptions and insights to improve visibility, reduce inefficiencies and attenuate supply-demand...
Read MoreTopics: Supply Chain Planning, Business Planning, Enterprise Resource Planning, supply chain management, Business & Technologies, Supply Chain and Operations
I previously described data mesh as a cultural and organizational approach to distributed data ownership, access and governance, rather than a product that could be acquired or even a technical architecture that could be built. While that remains true, many data management software providers have adapted their products in recent years to address the four key principles of data mesh:...
Read MoreTopics: Operations, Data Intelligence, AI & Technologies
We live in a time of uncertainty, not unpredictability. Planning charts the course of an enterprise through a sea of uncertainties, making fact-based predictions of potential outcomes to inform decision-making by executives and managers. Companies do a lot of planning—some formal but much of it informal. People in companies plan sales, they plan how to produce products and deliver services. They...
Read MoreTopics: Office of Finance, Business Planning, digital finance, Generative AI, AI and Machine Learning, Business & Technologies
Working capital includes current assets (short-term items such as cash, money due from customers and inventory) and current liabilities (typically payments due to suppliers and loan amounts that must be repaid within one year). Working capital management is a prime function of the finance organization, designed to balance often-conflicting objectives related to revenue, liquidity, risk and...
Read MoreTopics: Office of Finance, ERP and Continuous Accounting, Procure-to-Pay, Order-to-Cash, Business & Technologies
I previously wrote about IBM’s strategy of consolidating analytics, data and artificial intelligence (AI) functionality from various products under its watsonx brand, which was launched in 2023 to address the AI development life cycle, as well as data storage processing and AI governance. The company has added two more offerings to its watsonx portfolio in recent months, combining established...
Read MoreTopics: Governance, Operations, Analytics, Data Platforms, Data Intelligence, AI & Technologies, AI and Machine Learning
