Business Lab

Transforming business begins with IT


Listen Later

From securing a hybrid workforce to building pipelines for ever-increasing data streams and keeping multiple mission-critical systems up and running, the modern IT department faces numerous pressures. As director of IT for the packaged food company Conagra, Amit Khot is optimistic about the ways modern technology solutions and infrastructure can enable businesses to thrive and innovate.

Khot describes the power of advanced data analytics to both improve a company’s understanding of its customers and to optimize its operations. The ability to combine internal company data with data collected from social media and at point of sale will enable savvy companies to recognize new patterns. These advanced analytics, he says, will go beyond answering standard questions about financials and historical performance to provide insight into more complex questions about customers’ thoughts and changing preferences.

Meanwhile, these same data tools can also be used to fine-tune daily business operations, pinpointing issues with order fulfillment, improving long-range supply-and-demand forecasting, and digitizing manufacturing plant processes. Koht explains, “Planning is looking into the future, depending upon your past historical data, as to what your future demand and supply should look like. We have gone through a journey to modernize our planning platforms.”

A modern enterprise resource planning (ERP) system is also a must for a distributed organization like Conagra. A single connected ERP system can manage and provide visibility into business processes that involve multiple divisions or departments. By doing so, a modern ERP can also ease highly complex processes, such as the technology integration of a newly acquired company.

Says Khot, “having a single view of finance, having a single view of the supply chain as early and as fast as possible, is one of the most important things that can help us get synergies out of the business as fast as possible.”

...more
View all episodesView all episodes
Download on the App Store

Business LabBy MIT Technology Review Insights

  • 4.2
  • 4.2
  • 4.2
  • 4.2
  • 4.2

4.2

25 ratings


More shows like Business Lab

View all
Planet Money by NPR

Planet Money

30,647 Listeners

Marketplace by Marketplace

Marketplace

8,711 Listeners

Economist Podcasts by The Economist

Economist Podcasts

4,181 Listeners

Marketplace Tech by Marketplace

Marketplace Tech

1,270 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

389 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,632 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

162 Listeners

The Daily by The New York Times

The Daily

112,489 Listeners

Up First from NPR by NPR

Up First from NPR

56,391 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

8,623 Listeners

Post Reports by The Washington Post

Post Reports

5,446 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,538 Listeners

No Stupid Questions by Freakonomics Radio + Stitcher

No Stupid Questions

3,657 Listeners

MIT Technology Review Narrated by MIT Technology Review

MIT Technology Review Narrated

258 Listeners

経営中毒 〜だれにも言えない社長の孤独〜 by Egg FORWARD × Chronicle

経営中毒 〜だれにも言えない社長の孤独〜

7 Listeners