Wednesday Mar 13, 2024
Ep 156: Accelerating the Data Feedback Loop feat. Emilie Schario
In 1748, Benjamin Franklin wrote “Time is money.” All of the changes and advancements we have seen in nearly 300 years have not managed to render that advice obsolete. Certainly, time has inherent value (whether measured in dollars or otherwise), but time can also cost money - through delays, misalignment, and poor decision making.
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Emilie Schario. Emilie is the Founder and CEO of Turbine. A data engineer by training, she is now applying her skills to the supply chain space. Emilie has seen the difference that shortening the data feedback cycle can make, whether in marketing or inventory management.
In this interview, Emilie illustrates some of the ways that time continues to be money for today’s businesses, and how speeding up data can be a source of savings and value:
- Why typical business processes can lead to information delays of almost 2 months
- What accelerating the data feedback loop allows decision makers to do
- One of the top things that surprises most companies about their own spend
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