In episode 65 of the Acceleration Economy Minute, Kieron Allen discusses Informatica and its work with the grocery giant Kroger. Informatica is on our Top 10 Shortlist of Data Modernization Enablers.
This episode is sponsored by Acceleration Economy’s Digital CIO Summit, taking place April 4-6. Register for the free event here. Tune in to the event to hear from CIO practitioners discuss their modernization and growth strategies.
Highlights
00:37 — Kieron is going to discuss Kroger, an Informatica customer that showcases the power of the Informatica platform. Kroger has been ramping up its digital focus, with impressive results reported through the end of 2022.
Which companies are the most important vendors in data? Check out the Acceleration Economy Data Modernization Top 10 Shortlist.
01:02 — In its use of Informatica, Kroger’s goals centered on its supply chain, specifically, the company wanted to reduce out-of-stock products by ensuring prompt delivery to its warehouses. They wanted to ensure vendor delivery compliance and also to recover costs incurred by late-arriving products; also, incentivizing vendors to deliver their products on time.
01:25 — Kroger worked with Informatica to integrate its decentralized supply chain using a series of tools including Informatica Edge Data Streaming, Informatica Power Center, and Informatica Intelligent Cloud Services, all into the Google Cloud BigQuery platform.
01:41 — Data was accessed by Tableau and the applications allowed the Kroger team to analyze historical warehouse data supply chain data; moving the information from an on-premises environment to Google Big Query slashed the time it took to carry out analytics to a matter of minutes, while being highly scalable.
01:53 — Kroger avoided millions of dollars in missed sales because products were delivered on time to its warehouses and to the Kroger stores.
02:12 — Finally, using historical data, Kroger could develop enterprise KPIs such as real-time inventory levels. Kroger is just one of 5,000 Informatica customers.
