Sharing Data is Crucial

Something we knew for a long time.  This often also requires the expertise available to make the case that sharing data is valuable for both parties.  That alone is an interesting decision process.  Mapping it out is a great first step to move forward. Expertise is also useful to determine what other, third party or public data can be used to leverage the shared data.  To ultimately produce greater value and a more unified decision process. 

Publix exec: Sharing data is crucial for retailers, suppliers 
" .. Data sharing is key to collaboration between retailers and suppliers, but sometimes patience is necessary when data must be developed strategically, Publix Super Markets President Todd Jones said at the FMI Midwinter Executive Conference. "The supplier information that we receive is extremely important...and I hope they would feel the same way about the information they receive from us," he said.  (May require free registration) ... "

Unified Decision Processes Driven with Data

At the Webinar today from Innovation Excellence by Julie Anixter on Big Data and New Product development,  Kobi Gershoni and Tom Davenport highlighted the work done over the years by Procter & Gamble in driving analytics towards operational big data, and by using their Business Sphere and Data Cockpit models.   These are ecosystems that provide a means towards a unified decision model.   Linking analytics ever more closely to the decision process.   Some excellent examples provided.   Slides and recording here.  Glad to have been a part of that analytics emphasis there over a number of years.  The alumni of that effort continue to drive this ahead.

(Updated:  See this startup, which is doing fundamental work about getting NPD data entered into the system and thus an excellent first step for a unified system )