{"id":35457,"date":"2021-07-13T16:17:48","date_gmt":"2021-07-13T14:17:48","guid":{"rendered":"https:\/\/www.intellias.com\/?p=35457"},"modified":"2024-07-29T02:51:42","modified_gmt":"2024-07-29T00:51:42","slug":"supply-chain-analytics-adoption-guidance-for-scm-leaders","status":"publish","type":"blog","link":"https:\/\/intellias.com\/supply-chain-analytics\/","title":{"rendered":"Supply Chain Analytics: Adoption Guidance for SCM Leaders"},"content":{"rendered":"

When it comes to reading your supply chain analytics report, do you feel it would be nice to learn just a bit more about the meaning behind all those numbers? Perhaps you have a solid understanding of your historical progress and current operational state, but you cannot precisely gauge what opprortunities or risks are waiting around the corner.<\/p>\n

The truth is that every link and participant in a supply chain generates a wealth of data about the past, present, and future of supply chain operations. However, not all organizations can see, capture, and transform that data into intelligence for decision-making.<\/p>\n

In other words, they lack end-to-end supply chain analytics solutions.<\/p>\n

What is supply chain analytics?<\/h2>\n

Supply chain analytics refers to a cohort of methods and technological means companies employ to draw data from connected applications like inventory management, fleet management, shipping, and fulfilment software to obtain summarized intelligence on current and projected supply chain performance.<\/p>\n

Any supply chain is a composite entity with many moving parts, producing and requiring data to ensure effective operations at every leg. A mishap within one link in a supply chain can shake the entire chain, resulting in operational disruptions and unmet customer expectations.<\/p>\n

Traditional and new supply chain analytics solutions stave off chaos by providing a consolidated view of all operations as well as granular insights into individual segment performance.<\/p>\n

Featuring supply chain business intelligence (BI) tools, self-service analytics reports, visual dashboards, and data science models, supply chain analytics software comes in different shapes and sizes.<\/p>\n

But all supply chain analytics solutions can be divided into one of three groups according to the type of analytics provided:<\/p>\n