Supply Chain & Logistics, Optimization and Analytics have been birds of the same feather flocking together since the beginning of time. However, while data had been generated at every link of the Supply Chain for decades, it is only…
In this blog, I am going to discuss how analytics is playing a crucial role in enhancing the performance of supply chain.To set the context, I will highlight the “three major problems” being faced by supply chain executives and later explain how analytics is helping them solve these problems.
What is the most commonly used Supply Chain tool? Welcome to the harsh reality. It is still Microsoft Excel. Most of the enterprise has found their way out, but still most of the small case industries are stuck with the data and just with the data without insights or impact.
It was an interesting conversation on Supply Chain fundamentals when somebody asked who can afford not to bother about their SCM at all. My thoughts suddenly turned to a savoury vendor in Chennai, who used to sell these awesome small onion samosas.
Whatever said and done, the concept of supply chain is simple; if you have something more, then it means that you are having something that you really don’t want more for yourself. At the same time, if you have doesn’t have something enough then it means you are slowly killing yourself!