The pandemic and resulting economic crisis have drastically altered everyday life for people and companies. Behavior changes such as panic buying, telecommuting on a mass scale, and the acceleration of digital transformation have created disruptions companies are racing to address. This requires short term flexibility, but also an increased capacity for adaptation in order to remain competitive in a re-ordered world.
We have seen a dramatic impact on supply chains, making demand more volatile and supply availability an ongoing challenge. Companies have been forced to reduce spending to maintain cash flow in hopes of weathering the storm. Across every industry, people are searching for innovative ways to increase efficiency, and find ways to do more with less. Enter analytics, stage right: