Aakash Varma

@Rishab- Indeed it was a very new topic. I hope you liked it !!!

@Rahul- Thank you !!!

@Sonal Sharma- Thank you very much for the appreciation !!!

Hi Arko, I hope you liked it and was informative for you. Thanks for supporting me!!!

@Praveen- Thanks dude !!!

@Anamika- Thank you....I hope it was informative for u...n increased your knowledge about the topic !!!

@Suma- Thanks a lot !!!

@Siddartha Gupta- Thank you for supporting !!!

@Amit Kumar- Thank you very much for your perspective. Yes there may be few shortcomings and I should have given more examples but due to work constraint I have to cut short my article. But surely if you want to know more about it, you are free to ask.

@Jatin- Thank you very much for enlightening with that useful knowledge about OBI tool. I will certainly try to know more about it.

@Anju Verma- Thanks a lot !!!!

Hi Deepti, Thank you for your interest in the article. That is a very good question, because in the entire article and discussion so far I have only focused on industrial aspect, but you came up with question about day to day life. In our day to day activities we also use DDDM, but the thing is that we do that in sub-conscious mind and not intentionally. For example, if you want to go to your relatives place on a holiday and you have numerous routes to follow. Then you will certainly look at all the aspects like traffic density on a particular route, length of route and if you have some other work in the way. So, this is also one of the application of data-driven decision making. There can be many other similar examples. I hope I answered your query well. Thank you Aakash

Hi Sameera, Thank you for showing interest in the article. It is true that data-driven decision making is very helpful in every sector whether it is marketing, operations or retailing. But the most important is to use it in a proper way as required. For example, let us consider your company's case only if your company uses the previous records to identify the more perspective target consumers then it will certainly help you to improve your revenues. Also company can carry out some survey for the class for people preferring your product so that you can sell only to those people. This will not only reduce the efforts but also reduce the requirement of company's resources. I hope I satisfied your query with full justification. Thanks, Aakash

Hiii Aryan Verma, Thank you for your comments and perspection. Talking about your question, I totally agree that we don't see much use of DDDM in day to day operations of a company. But in reality it is not so that they don't exist. It is just that it is the back-end which does the analysis work and only the simple report is presented to the management. So we feel that it is not useful. But as I have stated earlier also that DDDM helps in making proper and accurate decisions in our operations. Coming to your second part of query, it is true that demand varies daily. But if we use the concept of agility for fulfilling the demand then only data can help in getting the proper results. For example, consider "Godrej Consumers" is a company which uses Agile supply chain and all demand-supply calculation is done in very short span of time as compared to previous techniques of quarterly fore castings. So it is not that data varies daily, but how we process data is more important. I hope I answered you well. Thank you Aakash

@Prashant Sharma_71068- Thank you very much for those works. Hoping that it helps you.