In this Sustainability Impact Digital Summit moment, excerpted from the digital event on Jan. 26, Tom Smith speaks with Stefan Maurer, Vice President of Enterprise Effectiveness, Avnet. Maurer describes why data mining has become important for the electronics components distributor, as it helps to create a more sustainable future.
00:11 — Data mining has become increasingly important for Avnet, notes Maurer. The company is “a very lean and optimized organization” when it comes to ERP and processes.
00:28 — There is “huge potential” when process data is analyzed. Avnet uses Celonis‘ process mining tools, which gives the company insights into how it can reduce shipments, consolidate materials, and use less packaging and fewer trucks, all of which can help the company’s business operations become more sustainable.
01:33 — Maurer explains that Avnet cannot just take ERP data — instead, it must look at big data and process data to get insights and see where sustainable contributions can be made.
01:47 — As more and more customers turn to process data mining, Avnet looks to compare its own data with that of its customers and suppliers, to create the total end-to-end supply chain. This allows Avnet to optimize and get closer to making impactful and sustainable moves.
To gain more insights on the hows and whys of sustainability’s impact on business processes and profits, view the Acceleration Economy Sustainability Impact Digital Summit, which is now available on-demand. Register for your free streaming pass here.