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Analyzing the Importance of Supply Chain Analytics for Your Organization - Request a Proposal Now! | Quantzig

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One of the biggest assets that a company can possess is a strong supply
chain. At present, organizations have come a long way in terms of improving
supply chain competence
and enhancing the speed of operations. But,
pricing pressures, global operating systems, and the ever-increasing
customer expectations are putting pressure on supply chain operations.
This compels organizations to move out of their traditional supply chain
implementation systems and change over to techniques that can better
accommodate the dynamic market conditions and customer demands.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180816005316/en/

Supply Chain Analytics - A Game-changer in Boosting Your Supply Chain Efficiency. (Graphic: Business ...

Supply Chain Analytics - A Game-changer in Boosting Your Supply Chain Efficiency. (Graphic: Business Wire)

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a proposal
to know more about our digital analytics solutions.

According to the analytics experts at Quantzig,
"Supply chain analytics assesses supply chain performance and
identifies the shortcomings and inefficiencies in supply chain
configurations."

Importance of supply chain analytics

  • Accelerate sales: The main focus of any business is to make
    products/offer services that will ultimately attract customers and
    result in a sale. To boost returns, organizations need to find whether
    they own the right inventories, raw materials, and supply chain
    network. Supply chain analytics helps companies to identify a
    slow-moving stock that has happened due to wrong predictions and
    inaccurate estimates. It can also help find instances where there was
    a possibility to sell more products and to meet the demand that was
    there but left unmet. Request
    a demo
    to know more about our portfolio of analytics
    solutions.
  • Speed-up material movement: When the supply chain moves
    rapidly, it enables the reduction of inventory levels and frees-up
    cash. But the catch here is to know how to make it move rapidly. This
    is where supply chain analytics comes in handy. By using this
    technique, it becomes easier to find factors such as the influence of
    order size rules and policies, or stock-keeping rules and policies,
    and demand inconsistencies. For example, the effect of production
    batch sizes on finished goods, raw material levels, and
    work-in-progress. Get
    in touch
    to know more about the importance of supply chain
    analytics.
  • Improve standards: It's not just the internal decisions and
    factors that have an impact on the supply chain, but several external
    factors as well. Take a look at the case of poor performing suppliers
    for example. This can influence other supply chain factors such as
    on-time delivery performance, customer service levels, and inventory
    holding. Supply chain analytics can help by taking an ERP system's raw
    data and alter it into thorough performance metrics - supplier by
    supplier. With this, organizations can easily find gaps in supplier
    performance and quickly act to correct it.
  • Visit our
    page
    , to view the comprehensive list supply chain analytics
    benefits.

Quantzig
is a pure-play analytics advisory firm concentrated on leveraging
analytics for prudent decision making and offering solutions to clients
across several industrial sectors.

Request
a proposal
to see how Quantzig's solutions can help you.

View the complete list of the importance of supply chain analytics:

https://www.quantzig.com/blog/supply-chain-analytics-importance

About Quantzig

Quantzig is a global analytics and advisory firm with offices in the US,
UK, Canada, China, and India. For more than 15 years, we have assisted
our clients across the globe with end-to-end data modeling capabilities
to leverage analytics for prudent decision making. Today, our firm
consists of 120+ clients, including 45 Fortune 500 companies. For more
information on all of Quantzig's services and the solutions they have
provided to Fortune 500 clients across all industries, please contact us.

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