Delivering lasting value with supply chain analytics
The analytics race is on!
Big data and advanced analytics are revolutionising the way organisations drive growth, improve productivity, and increase efficiencies. Fuelling this transformation is the availability of new tools and technologies which can be ‘operationalised’ in cost-effective and scalable ways. Already, there are companies carving out advantages from these types of investments - raising the question for others as to their ability to remain competitive.
How supply chain will benefit
The supply chain presents significant opportunities to benefit from improved data management and analytical capabilities. Not only is this area rich in transactional data, but it also plays an important role in the cost structures of many organisations. Despite the potential, extracting lasting value often remains a challenge. On the one hand, data resides in multiple systems and can be of questionable accuracy. On the other hand, many organisations struggle to transform the way they operate due to a shortage of front line personnel who understand and can apply analytical models. Solving these challenges and empowering the business to make better and more responsive decisions can drive significant impact to the bottom line.
At Concentra, we are working with leading organisations to integrate analytics into their core supply chain processes. Covering areas such as forecasting, product management, cost-to-serve, inventory management, logistics and procurement. Our team of consultants combine a deep understanding of operations management with expertise in data management, analytics and data visualisation. This means, our support typically starts at designing the right solution and then continues through the build and implementation phases. Our engagements provide a greater ROI than ‘one -off’ projects as they are designed to capture operational gains for the long term – a key element to this is our focus on leaving newly acquired skills and capabilities within our clients’ organisations.
Looking for some supply chain inspiration? Download our ebook: The 5 Data Visualisations Every Supply Chain Manager Needs.