Supply chain analytics: Data-driven intelligence for your business

Business sustainability is often affected by the volatility of supplies and changes in demand forecasts. One of the key reasons for this is that planning is done around past data, and dynamic parameters are often not factored in. Supply chains of businesses generate huge variety and volumes of data. The recent Covid lockdowns of economies in different parts of the globe put a spotlight on the supply chain of essential commodities. Upon lifting the lockdown, ensuring production, stocks, raw material supply, transportation and customer demand were closely aligned and could be achieved by those companies who had already invested in digital platforms. Supply chain analytics came to their rescue and helped them meet the demand.