9 out of 10 industries have not grown in the past 10 year, this is based on data compiled by Supply Chain Insights, an organization focused on delivering independent, actionable and objective advice for supply chain leaders. Moreover, key metrics like inventory turns, are down over time while costs, complexity, and inventory keeps rising.
To survive and thrive organizations must think about things differently and the ability to turn operational data into actions that drive efficiency and innovation is going to be the competitive weapon.
This is where new sources of supply chain intelligence prove critical. By embracing advanced analytics that provides a deeper understanding of the supply chain, leaders can find new opportunities to improve operational performance and better manage the necessary tradeoffs.
What Infogility and FusionOps Focus on:
- Horizontal Business Analytics Platform focused on improving
- Operating Margins and Working Capital through Supply Chain
- Providing industry verticals with pre-built content that comes out of
- The box, e.g. Retail, Wholesale, Food & Beverage, Manufacturing, and
- Platform for leveraging predictive analytics features, e.g. Forecast
- Accuracy, Safety Stock Calculation, Weather, Commodity Index, etc.
- Utilizing our data APIs for provisioning data out to other enterprise
- Leveraging external data to complement traditional analytics and
- enhance business decision making through making in more predictive.
STOP WASTING TIME WITH DATA PREP
Up to 60% of data scientist and BI teams spent their time gathering and harmonizing data for analysis. Big Data platforms automatically integrate and harmonize data from across systems.
REALIZE THAT REPORTING IS DEAD
Traditional approaches to supply chain intelligence focus on project-based descriptive (What happened?) overviews. These provide limited snapshots of what has happened in the past.
Supply chain leaders should think beyond the past. Embrace predictive (What will happen?) and prescriptive (What should we do about it?) approaches to supply chain intelligence.
Supply chain intelligence should predict future challenges and then prescribe a better way forward. This can help supply chain leaders and businesses to learn and adapt to gain new audiences, to see what resonates with new audiences and what works best in certain markets.
ENJOY THE BENEFITS OF A SYNCRONIZED SUPPLY CHAIN
- Improved Forecast Accuracy
- Optimized Inventory
- Increased Supply Reliability
PARTNER WITH THE RIGHT SOLUTION PROVIDERS
By partnering with solution providers like Infogility and FusionOps, you can convert raw data into actionable business knowledge. Everyone from planning to operations, can become data-driven and steer clear of icebergs and improve performance.