Leading companies are using data and new tools to drive operational excellence and cash flow optimization.
Harnessing data to advance operational excellence involves mastering data, culture, roles, and incentives. New talent, such as data scientists, and clear performance goals can accelerate progress. Data provides visibility into customer behavior, competitor actions, and business performance, enabling quicker responses and strategic decisions. For instance, AI-driven predictive maintenance reduces machine downtime from 20% to 2%, increasing production capacity, lowering maintenance costs, and optimizing inventory. Leading companies also use data to optimize accounts payable processes, improve collections through customer segmentation and automation, and enhance SKU rationalization, leading to cost savings and improved cash flow.
To learn more about how KPMG can help your organization harness the power of data and technology to drive revenue, margins, and cash flow, please contact us. Our experienced professionals are ready to work with you to identify your highest-priority opportunities, implement the right data platforms, tools, and solutions for your unique needs, and unlock the full potential of your data assets.
The long-awaited data revolution has begun
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