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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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Driving Supply Chain Resilience with Rolls Royce and Ivalua

ivalua

COVID-19 had an almost immediate impact on supply chains, as factories closed down and transport was restricted and organizations tried to pivot to remote work. Predicting demand and sourcing became difficult as the world’s markets were disrupted and buying patterns changed overnight. .

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What is Supply Chain Management? A Guide to Success

SCMDOJO

A well-managed supply chain enables businesses to respond swiftly to market demands, mitigate risks, and seize growth opportunities. Key Components of Supply Chain Management To understand supply chain management better, let’s dive into its key components.

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Weather-Influenced Demand Forecasting in 2020: 6 Key Observations

Solvoyo

NOAA, the National Oceanic and Atmospheric Administration in the US, reports that the five-day weather forecasts are approximately 90% accurate, 80% for the next seven-days, establishing an acceptable level of accuracy for this crucial external input for supply chain planning, especially short-term demand forecasting.

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10 Must-Read Supply Chain Analytics Books for 2023

SCMDOJO

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

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Whither Supply Chain Analytics?

Supply Chain Action Blog

Citing client examples the report states, “Perpetual planning enables more accurate demand and supply knowledge, as well as more accurate production and assembly status that can lower processing and inventory costs. IBM has just released a study “Digital operations transform the physical” (capitalization theirs).

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand.