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Key Business Analytics by Bernard Marr

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Supply chain analytics

What is it?

Supply chain analytics is the process of assessing each stage of your supply chain or the various processes that go into creating your product or service. This type of analysis looks at all the processes from purchasing the raw materials, through various production processes to final delivery to the customer so as to manage inventory intelligently, deliver to your customer efficiently and minimise costs and delays.

The purpose of supply chain analytics is to determine opportunities for savings, improvements or increased return, while also ensuring that your customers get what they ordered as quickly as possible.

Why does it matter?

Supply chain analytics matters because you need to know what happens in ...

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