Supply Chain Analytics
Transparency - more important than ever!
Decisions such as the adoption of the Supply Chain Due Diligence Act place new demands on the transparency of supply chains, especially with regard to compliance with human and environmental rights. But the increasing importance of supply chain risk assessment also necessitates new approaches to analysis. How can the risk or resilience of the supply chain against unexpected events be assessed? Innovative metrics such as TTR (time-to-recover), TTS (time-to-survive) or PI (performance impact) help to identify hidden risks and increase the resilience of the supply chain.
Overall, this increases the complexity of the required KPI models and thus, of course, also the requirement for the underlying basic data. In supply chains, this data usually accumulates in huge quantities.
Supply chain analytics helps define the right timely metrics, ensure data availability, and make sense of that data via appropriate infrastructures by uncovering patterns and providing insights.
In summary, supply chain analytics enables companies to make data-driven decisions that strengthen their competitiveness and drive business success.