One of our partners recently shared an interesting story with us.
Their company decided to invest in a comprehensive digital solution offered by a well-known consulting firm. This solution was designed to optimize their inventory management using advanced scientific calculations. Recognizing the potential benefits, the company was willing to pay a significant amount for the tool, confident that the savings generated by improved inventory management would ultimately justify the cost.
After installing the tool and inputting extensive amounts of data, the team eagerly awaited the results. However, they were surprised to find that the numbers produced by the tool were significantly different from their initial targets. Without the assistance of consultants, the team was left to grapple with their confusion and seek answers on their own. In an attempt to find a solution, they began manipulating the initial data until they obtained results that aligned with their existing practices, suggesting that their current inventory levels were optimal 🙆♂️
As a result, despite investing in what seemed to be a cutting-edge digital solution, the company failed to improve their inventory strategy 🤷♀️ The lack of support and guidance from consultants proved to be a major obstacle. It became clear that having a powerful tool alone is not enough; experienced support is essential to fully understand and effectively implement calculated solutions.
At #DataEnq, we strongly believe in the importance of integrating scientific principles into modern business practices. However, we also recognize that blindly applying disruptive calculated solutions without the guidance of experienced professionals can lead to limited value creation. We provide our valued customers with a hypercare period to ensure our tools are well applied and effectively used.
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