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Tag: supply chain optimization

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 […]

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, […]