To perform your best, you must be able to quickly understand changes in market demand, the actions of your competitors and the performance of your suppliers and partners.
Real-time supply chain analytics empower you to identify opportunities for both adding efficiencies and competitive differentiation.
Chapter 1.
Why Is It Crucial To Accelerate Your Supply Chain Transformation Immediately?
We have said it time and time again. Consumer demands are growing. We are well past the days of simply discussing consumer expecations. Now, supply chain leaders must look to meet increasing consumer demands by investing in progressing their supply chain transformation.
Chapter 2.
What Real-Time Supply Chain Analytics Really Look Like
Real-time business analytics enable you to execute reactive changes in your business processes as you move forward, ultimately minimizing cost and maximizing profitability. Such analytics tools can be used to ensure KPIs.
Chapter 3.
How Real-Time Analytics Optimize Supply Chain Performance and Maximize Your Profitability
If you are a chief supply chain officer, it is essential to plan and implement supply chain analytics to optimize your end-to-end supply chain performance. This goes hand and hand with goals of overall cost-reduction and maximizing profitability.
Lacking these metrics is not the issue, rather, the issue lies in understanding how to use such metrics to audit supply chain performance.
The key, is real time visibility and insight into the data; utilizing the right algorithms behind the metric to provide the right metric or prediction.