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Category: Data Analytics

Overcoming challenges when using analytics in supply chain optimization

SCM is a vital and vast process in which several participants are involved. SCM is significant to an organization because of its links with raw materials in finished commodity production. However, it plays the role of inventory optimization in ensuring the goods produced, and the consumption demanded by a continually fluctuating clientele.    Organizations also focus […]

How to implement analytics in your supply chain

Supply chain analytics is the power tool that can revolutionize your operations. The first step is to identify the KPIs to track inventory levels, lead times, and customer satisfaction rates. Consequently, the second step is collecting data from varied sources like ERP, WMS, and TMS systems and integrating it into a single common repository.  Use […]

Key benefits of using analytics in supply chain management 

Supply chain analytics (SCA) is a set of frameworks and tools for integrating and analyzing data across multiple systems to gain insights into sourcing, processing and distribution. When you combine data from your SCM and ERP applications, it provides you get a comprehensive view of your logistics ecosystem.  In most organizations, supply chains are now […]

What role does analytics play in supply chain optimization?

Supply chain analytics (SCA) is a way for organizations to gain insights and benefit from large amounts of data about the processing and distribution of products. It is a key component of supply chain management (SCM) and is often referred to as a factor of supply chain optimization.   Utilizing technology and resources such as blockchain, […]