SUPPLY CHAIN MANAGEMENT ANALYTICS
Globalization has drastically altered the business and supply chain landscape in the last two decades. There are more than thrice the number of transnational companies today as compared to the mid-nineties. Supply chains are getting increasingly distributed with low cost sourcing, cheaper manufacturing locations and a larger global customer base.
Agile Supply Chain as a Strategic Differentiator.
Functions like R&D and engineering product design are getting outsourced to low cost locations. Product life cycles are getting shorter with larger number of product introductions year on year. Customers increasingly need more choices leading to a proliferation of SKUs. All these factors induce unique supply chain challenges.
Supply chain executives, across the globe, list the following as the biggest challenges facing them:
Supply Chain Visibility: Supply chain visibility is inhibited by a lack of capabilities and an unwillingness to collaborate
Cost Containment: Fighting integral costs as such might be futile, but being flexible can identify cost savings elsewhere
Risk Management: Process, data, & technology are identified as the roadblocks to good risk management, yet they are the key enablers
Increasing Customer Demand: Customers are getting increasingly demanding and have stringent quality and delivery requirements. This calls for more precise synchronization of supply and demand
Globalization: Lead times, delivery, and quality are top challenges, but overall globalization has been a positive boon for all
These challenges need to be mitigated through meticulous supply chain planning and execution. Thus, supply chains need to have –
- Data driven decision making capability
- The ability to alter course pro-actively by sensing shifts in customer requirements in advance
- Clear visibility of key supply chain parameters like order status, cost, inventory, etc.
Supply chain analytics enables companies to acquire these critical capabilities and organizations are increasingly adopting it as a must have competency.
Research2Systems brings forth a wide range of Supply Chain Management Analytics service offerings.
Turning data into insights with SCM
At Research2Systems, we understand that analytics driven SCM strategies can help organizations to reduce their operational costs, enhance customer service and attain greater operational efficiency.
With our Supply Chain Management Analytics services, businesses can convert their big data reservoir into actionable insights and can keep a track of their supply chain activities in an efficient manner. It is only when you get real time access to your business activities, that you are in a position to serve your customers better. So, realize this benefit with Research2Systems & unleash the true potential of your business enterprise.
Give your business a competitive edge through SCM Analytics
Research2Systems aims to provide your business a competitive edge by converting your data into insights and creating reports to facilitate better supply chain performance across all the functions. All our services are designed meticulously to give you a strategic advantage that will help you to stay updated with your supply chain network.
Our SCM Analytics services are ideal for businesses across various verticals be it Retail, Manufacturing, FMCG, Utilities, Healthcare, Financial Services, and the rest. With the unmatched knowledge and analytical skills of our experts, we are in a position to help you make the best of our service offerings and enjoy a hassle free supply chain network.
Browse through our various Supply Chain Management Analytics service offerings and choose the right ones for your business.
