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Tanmay Bhandari's Blog – January 2016 Archive (3)

Redefining HR through data analytics

HR analytics can form a backbone of human resource function of all organizations independent of the sector in which it operates. HR metrics also known as talent analytics or peoples' metrics is a sophisticated application of data mining and data analytics techniques applied on people related data. HR analytics are an essential way to quantitatively gauge the spend and the outcome of employee engagement programs and HR systems to measure…

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Added by Tanmay Bhandari on January 31, 2016 at 7:30pm — No Comments

Business Analytics in Supply Chain

In the modern era of business management, the competition is not among the organizations, it has been shifted to supply chains. Organizations are looking for decision support for the critical tactical and strategic supply chain activities where insights from these activities could help them to reduce their costs and also in optimizing the supply chains. In the world where optimization of processes is essential for survival, Business Analytics is an…

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Added by Tanmay Bhandari on January 26, 2016 at 4:41am — No Comments

Increasing role of Analytics in Sports

The most popular example of application of analytics in sports is from the Hollywood movie Moneyball, which is based on the true story of a baseball coach who assembles a stellar team despite having a very limited budget. He uses the help of an economics student to use data models to identify players who have the potential to perform outstandingly, but are under-valued in the market. Fast forward today, and this has become a best-practice in team-building across nations,…

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Added by Tanmay Bhandari on January 18, 2016 at 3:30pm — No Comments

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