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Industrial Training

Supply chain analytics is used to streamline business supply chain activities to maximize competitive advantage and value. It represents efforts to develop efficient and economical supply chains. With rising competition and global customers, effective supply chain management is needed using analytics to acquire capabilities and increase competency. Supply chain analytics can provide insights from historical data to support decisions, model risks, and link supply and demand analytics for a holistic profitability view.

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Amar Kumar
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0% found this document useful (0 votes)
177 views

Industrial Training

Supply chain analytics is used to streamline business supply chain activities to maximize competitive advantage and value. It represents efforts to develop efficient and economical supply chains. With rising competition and global customers, effective supply chain management is needed using analytics to acquire capabilities and increase competency. Supply chain analytics can provide insights from historical data to support decisions, model risks, and link supply and demand analytics for a holistic profitability view.

Uploaded by

Amar Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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SUPPLY CHAIN ANALYTICS

Inventory
Turnaround

Purchase Safety
Analytics Stocks
GALGOTIAS COLLEGE OF ENGINEERING
Supply
AND
TECHNOLOGY Chain
Analytics

Supplies
Analysis
SUBMITTED TO : SUBMITTED BY : AMAR KUMAR
MECHANICAL DEPARTMENT ROLL NO: 1709740015
Let Us Understand Supply
Chain Analytics
Supply chain analytics (SCA) is
the streamlining of a Inventory
Turnaround

business'
side supply-
to
Purchase Safety
customer
activities maximize Analytics Stocks
competitive advantage
value and to gain in Supply
marketplace. SCMa the an Chain
Analytics
represents
effort by suppliers to develop inventory Supplies
and implement supply chains Costing Analysis

that are as efficient and Supplier


economical as possible. Analysis
Why Supply Chain
Analytics Required?

With the rising competition and global customer base, the need for an
effective approach to supply chain management is required. The number
of transnational companies has increased up to three times since the mid-
nineties and the product life cycles are getting shorter. This requires
careful handling of supply, demand and pricing aspects in order to ensure
profitability and sustenance of any business. Supply Chain Analytics
enables you to acquire the essential capabilities and increase your
competency in the market.
Supply Chain Analytics
Covering Areas
Challenges Facing By Supply Chain Executives

• Supply chain visibility is inhibited by a lack of capabilities


Supply Chain Visibility and an unwillingness to collaborate

• Fighting integral costs as such might be futile, but being


Cost Containment flexible can identify cost savings elsewhere

• Process, data, & technology are identified as the


Risk Management roadblocks to good risk management, yet they are the key
enablers
• Customers are getting increasingly demanding and have
Increasing Customer stringent quality and delivery requirements. This calls for
Demand more precise synchronization of supply and demand
• Lead times, delivery, and quality are top challenges, but
Globalization overall globalization has been a positive boon for all
Potential Benefits of Supply
Chain Analytics
Insights that make a difference:
Use historical enterprise data to feed predictive
models that support more informed decisions.
Use risk modeling to conduct “pre-mortems” around
significant
investments and decisions
Link supply chain models to customer and pricing
analytics to clarify
the whole profitability picture, not just the parts and
pieces

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