Industry 4.0, Demand Forecasting & Data Pool
Closer Consulting
A Data Science company specialized in Business Intelligence, Data Engineering and Artificial Intelligence.
Industry 4.0
Why is it so relevant for Manufacturers?
🏭 Diverging from its predecessors, Industry 4.0 embodies a multifaceted transformation that blurs the boundaries between physical, digital and biological realms. One of the key reasons why Industry 4.0 is so crucial lies in its potential to drive unparalleled efficiency and productivity gains.
⚙️ For manufacturers, the crux of the 4th Industrial Revolution lies in integration and collaboration. It heralds a shift towards interconnected systems and collaborative ventures, promising heightened efficiency, productivity and economic expansion. By leveraging data-driven insights and automation, businesses can optimize processes, reduce downtime and streamline operations, ultimately leading to cost savings and enhanced competitiveness.
📈 Moreover, the ability to adapt and innovate rapidly in response to market dynamics becomes paramount in an era defined by constant change – and Industry 4.0 provides the ideal tools to help organizations to achieve their goals.
Demand Forecasting
Closer Project
Data Pool
🍒 A global food retailer needed to improve decision-making agility for its business units by providing faster access to integrated and up-to-date data.
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☁️ Closer implemented a centralized data pool in Google Cloud Platform (GCP) containing critical business information like sales, supply chain, inventory and e-commerce data. This near-real-time data pool empowers business units with instantaneous insights for informed decision-making.
As a result, the food retailer obtained:
⚡Quick Links
🔗 Data scientists: Still the sexiest job - if anyone would just listen to them | Joe McKendrick | ZDNET
🔗 Latest Prompt Engineering Trend Uses Generative AI To Generate Your Prompts For You | Dr. Lance Eliot | Forbes