“ WE ' VE GOT ANALYTICS IMPLEMENTED FROM OUTSIDE SOURCES LIKE DAT , PARADE . AI , AND GREENSCREENS . AI – ALL TOOLS THAT ARE INVOLVED IN THE ANALYTICS WORK ”
DATA ANALYTICS
“ WE ' VE GOT ANALYTICS IMPLEMENTED FROM OUTSIDE SOURCES LIKE DAT , PARADE . AI , AND GREENSCREENS . AI – ALL TOOLS THAT ARE INVOLVED IN THE ANALYTICS WORK ”
WALTER MITCHELL CEO , TAI SOFTWARE
quickly at times ,” says Mitchell . “ And when it shifts , some of the analytics – especially if you ’ re looking in the rearview mirror – won ' t always be as up-to-date as you want .
“ However , using multiple data sources allows an overview that , of course , adds confidence , because our clients are able to see all of these different sources in a single snapshot . By looking across the whole set of available data points , users are able to evaluate which ones are the most accurate .”
Fraught freight : addressing key procurement challenges with data analytics Mitchell says that making sure there is enough data available for a specific lane is a critical part of the process . When the amount of data is scarce , it ’ s much more difficult to use data alone to improve confidence .
“ We end up having to widen the range to get more data and , sometimes , that will reduce the accuracy of the specific request .”
For the more experienced pros , however , having data analytics for common lanes adds trust . “ When you get into an area that ' s less familiar , that ' s where data provides even more value ,” he says .
“ That ' s why we focus on data analytics in the first place : it helps make sure that
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