Leading data-driven enterprises know the value of analytics solutions that give them insight into every level of their supply chains. When it comes to keeping the supply chain running in the most efficient, effective way possible, organizations depend on the information they derive from their data in order to track a number of important factors, including:
- Vendor financial stability
- Environmental issues that may cause some parts of the supply chain distress (e.g., tornadoes or earthquakes)
- Market statistics that drive consumer and corporate demand
All of these variables need to be tracked in order for operations to flow smoothly and organizations to be successful with their supply chain operations. For this reason, it’s critical to have analytics solutions in place in order to create real, actionable information from the data you’ve gathered. But where do you go to get these tools, and how do you use them to support the most effective use of this information
