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Tagged Posts: supply chain management

What Is Supply Chain Analytics?
  • May 11, 2023

What is Supply Chain Analytics?

Supply chain analytics uses data and advanced analytics to analyze and optimize various aspects of the supply chain, including procurement, manufacturing, and logistics. The main goals of supply chain analytics are to improve efficiency, lower costs, and increase revenue. Supply chain analytics can also provide real-time insights that help businesses adjust to changing conditions…

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Best Practices For Using Data To Optimize Your Supply Chain
  • April 25, 2023

Best Practices for Using Data to Optimize Your Supply Chain

When a company is data-driven, it makes strategic decisions based on data analysis and interpretation rather than mere intuition. A data-driven approach to supply chain management is the key to building a strong supply chain, one that’s efficient, resilient, and that can easily adapt to changing business conditions.   How exactly you can best incorporate…

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Deciphering The Data Story Behind Supply Chain Analytics
  • March 30, 2023

Deciphering the Data Story Behind Supply Chain Analytics

When it comes to supply chain data, there’s an intriguing story to be told. If businesses have access to accurate data in real time about their supply chain operations, they have tremendous opportunities to increase efficiency, reduce costs, and grow revenue. Here’s a look at some of the types of supply chain data and…

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How To Use Data To Get More Visibility Into Your Supply Chain
  • March 17, 2023

How to Use Data to Get More Visibility into Your Supply Chain

Supply chains have undergone—and continue to experience—major changes and disruption. Worker shortages, rapidly changing customer demands, logistics problems, transportation bottlenecks, and other factors have all contributed to challenges. Even sales patterns that used to be easy to predict, such as those based on holidays and seasonal buying, have become much harder to understand, amplifying…

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Are Real-Time Analytics In Supply Chain Management Important?
  • February 22, 2021

Are Real-Time Analytics in Supply Chain Management Important?

Processing data in real-time Every organization processes data in many ways. For example, batch data process still exists for heavy data-process workloads, such as payroll. Many of these data processing requirements are executed by batch scheduling software; however, there is a growing need for data processing to be more automated and processed in real-time.…

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