ROLE OF DATA

ANALYTICS
SUPPLY CHAIN
MANAGEMENT
PREETH KALA RAMESH KUMAR
325863
DATA ANALYTICS:
Supply Chain Management

Analytics represent the ability to make data-driven decisions, based on a summary of

relevant, trusted data, often using visualization in the form of graphs, charts and other
means. 

Supply chains typically generate massive amounts of data.

Companies are now offering advanced analytics for supply chain management.

Advanced analytics can process both structured and unstructured data, to give organizations
an edge by making sure alerts arrive on time, so they can make optimal decisions.

Advanced analytics can also build correlation and patterns among different sources to
provide alerts that minimize risks at little costs and less sustainability impact.
SUPPLY CHAIN ANALYTICS : Benefits
Supply chain analytics can help an organization make smarter, quicker and more efficient
decisions. Benefits include the ability to:

1. Gain a significant return on investment

2. Better understand risks
3. Increase accuracy in planning
4. Achieve the lean supply chain
5. Prepare for the future
EFFECTIVE SUPPLY CHAIN ANALYTICS
Key Features:

The supply chain is the most obvious face of the business for customers and consumers.

The better a company can perform supply chain analytics, the better it protects its business reputation
and long-term sustainability.

In today’s supply chain networks, effective analytics requires the ability to become more customer-
centric — responding quickly while maintaining accuracy and integrity.

Businesses are looking for supply chain analytical solutions that can quickly analyze huge amounts of
data from disparate data sources, including unstructured and natural language-based data.

Finally, supply chain analytics are being asked to predict an increasing number of supply chain
variables — including external forces such as weather, war, workers and regulations.
Five “Cs” of the effective supply
chain analytics of the future
Five “Cs” of the effective supply
chain analytics of the future
EXAMPLES
1. Truck companies already make use of analytics to improve their operations. For example, they use fuel
consumption analytics to improve driving efficiency; and they use GPS technologies to reduce waiting
times by allocating warehouse bays in real time.
2. Courier companies have started real-time routing of deliveries to customers based on their truck's geo-
location and traffic data. UPS, for example has spent ten years developing its On-Road Integrated
Optimization and Navigation system (Orion) to optimize the 55,000 routes in the network. The
company's CEO David Abney says the new system will save the company $300 million to $400 million a
year
3. Big analytics will also enable logistics providers to deliver parcels with fewer delivery attempts, by
allowing them to mine their data to predict when a particular customer is more likely to be at home. On a
more strategic basis, companies can cut costs and carbon emissions by selecting the right transport
modes. A major CPG player is investing in analytics that will help it to understand when goods need be
shipped rapidly by truck or when there is time for slower barge or train delivery.
In today’s supply chain networks, effective analytics
requires the ability to become more customer-centric —
responding quickly while maintaining accuracy and
integrity.
Businesses are looking for supply chain analytical solutions
that can quickly analyze huge amounts of data from
disparate data sources, including unstructured and natural
language-based data.
Finally, supply chain analytics are being asked to predict
an increasing number of supply chain variables — including
external forces such as weather, war, workers and
regulations.

THE END
REFERENCES
https://www.ibm.com/topics/supply-chain-analytics