Sponsored Links

Wednesday, July 7, 2010

Supply Chain Analytics

Sponsored Links
Supply Chain Analytics Business Analytics Business Intelligence
Supply Chain Analytics and BI and How They Work Together

As the company has struggled through the last few years one thing has become clear that it is supply chain visibility has become prevalent than ever. supply chain analysis has become important for companies to monitor and adapt their business models to adjust priorities and estimates and adjust to demand. Whether it is a push or pull model as a strategy the company employed inventories have been transformed into attractive model than the forecasting problem that imposes a traditional pull model.

Many C-level executives who break their silence about how they get through a difficult time. As stated by Jim Butts, Sr. VP of Communications at CH Robinson from his point of view of companies that have best survived the recession generally has four attributes: highly variable cost structure; culture that is focused on very close to customers, strong, active leadership of the supply chain; and the ability to embrace change more than economic competitors. The four attribute points to the backbone of many systems out there but whether they supply the business intelligence needs of the organization to have visibility of what they were looking for?

Looking at the four regions from the viewpoint of the system brings to light that the system must have the agility and visibility of business process components, finance, customer service and supply chain analysis. This function can only be processed through the corporate performance management solutions using the dashboard. A system that can integrate data from multiple systems or collection from a central system is a valuable tool to obtain information about your business.

Dashboards that can serve individual users with useable data from their own duties and functions can empower employees more productive by making better decisions, be more efficient and have access to real-time data for customer service is very valuable. This system includes a business intelligence provided by operations, finance, IT, customer service, marketing and all other parts of your organization.

A good BI software should include the aggregation of data from business processes, workflow, workcells, inventory status of all things in the plan, adding, work in process, in-transit inventory, inventory already on order, and lead time demand, central or dispersed databases , workforce management, operational KPI, dual systems, the ability to integrate multiple technologies, perhaps a cloud capable, easy to use interface, sales information, building a non-technical requests for non-technical personnel, an independent department with the ability of an individual or group security rights to name a few.

If an organization choose the type of flexible BI tools enable organizations to have the ability to make decisions more quickly and embrace change because the available information whether good or bad but the ability to adapt to change, which is the main decision-making process that your competitors can not make a will put you ahead of your competitors. These are the companies that have embraced change to rapidly adapt to changing conditions that indicate profitability.

A point to tell me of one of our customers "In business you do not know what you do not know about your business" She refers to a supply chain system he put in to monitor the supply, increasing control, waste track, monitor inventory, pricing control of procurement and monitor supplier quality and supply cycles.

After it is applied and the dashboard was established that he is able to aggregate information from the system into how business is doing "The results floored me, for what happened" he said, when we began to analyze the data. By understanding what business did this particular customer saved more than 36% of the cost overruns and benefit which amounted to 29% more by reusing and accounting for unused materials and better practice resources. This particular customer actually customized yacht and ship building materials sold to a yacht. Found new insights enabled him to transform business processes and become efficient than what he was doing before.

As can be seen, there is no magic bullet for how BI can change your business, but solutions are available to accommodate what ever you try to trace or fix. But if there are people who provide tools to help you in your business will not be worth a look to see how you can improve performance?

Source:
http://EzineArticles.com/?expert=Dylan_Persaud

No comments:

Post a Comment