Maintaining a robust supply chain is crucial for organizations to withstand changing demands and external disruptions. A 2023 report finds that 60% of businesses have experienced up to 15% revenue loss, whereas a Gartner study strongly assumes that 95% of companies will continue to grapple with supply chain challenges. Multiple factors determine the resilience of an organization’s value chain, and procurement is one of
The buying and selling of goods on eCommerce websites have sky rocketed over the decades. One of the main reasons for this exponential growth is the ease of getting things done while sitting at home. Other factors that attract the audience are discounted prices and offers due to direct selling, reduced retail expenses, and wholesale profit margins. Optimizing prices and profits based on demand
The most difficult challenge for enterprises today is getting the text/content from images, boards, scanned images or scanned PDFs. Businesses are spending a significant amount to copy required content/text from images to the database through visual inspection and manual typing process. Companies consider some major factors such as: Optimize the budget/cost Reduce manual efforts and manual errors. Minimize the processing time Evoke worked on
Data science is one of the key trending industry topics at present. Organizations are using data insights to make data-driven decisions for their business operations. Creating data science models is an important step in a Data Scientist’s workflow. There are a few popular frameworks for deploying these models, such as Django and Flask. However, to make the ML model available as a web application,
