There is a common saying that your results can only be as good as the data you collect. Companies are relaying more and more on analytics and data driven decision management for their planning, forecasting, inventory management, supply chain management and strategy development.
The abundance of data also makes it difficult to make unbiased decisions, complexity of the mathematical models makes the people reluctant to question the decisions and therefore, no matter how the well-intended and robust models we have they are still fully dependent on the quality of data they receive. The data quality depends on the techniques we use to collect this data, and to be able to distinguish different types of data we collect.
This GLOMACS Data Collection Techniques training course will highlight the common tools and techniques used to collect the data, dispel the myths of data quality and teach the participants how and when to use different techniques, the adequate number of samples they need to collect. Also, the participants will be provided with the samples of data collection plans, as well as the insight into data collection from automated data collection systems as well as modern technologies available for data collection through the use of online monitoring systems.
This training course will highlight:
- How to Create a Data Collection Plan?
- Determine Adequate Sample Size
- Biases and Common Errors that can be Present in the Data Collected
- Big Data Concepts
- The Difference between Primary and Secondary Data
- The Ways to Collect the Data
- Methods of Collecting the Data in Real Time