Part 9/14:

He emphasized that proper data architecture enables different departments—finance, operations, procurement—to create and maintain their own "gold" standards, feeding into a cohesive decision framework.

Use Case: Inventory Optimization with Customized Orders

Ganesh shared a compelling case from the computer laptop industry. Traditionally, companies produced large inventory batches based on forecasts, leading to high costs and obsolescence risks.

A leading manufacturer adopted a customer-centric, demand-driven approach:

• Shifted from producing finished goods in bulk to assembling customized products upon demand.

• Utilized real-time data on customer preferences and order analytics.

• Resulted in significantly reduced inventory costs and enhanced responsiveness.