Supply Chain Planning with Prescriptive Analytics
Technology Enables a More Effective Process
Latest NewsProcurement is getting its digitized act together U.S. rail carload and intermodal volumes are up for week ending December 8, reports AAR First round of BUILD grants is overly positive for freight transportation infrastructure Amazon announces plans to build regional air hub at Fort Worth Alliance Airport MRO Technician Spotlight: Jordan Vander Woude More News
Tired of spreadsheets? Still making gut-feel decisions on how to meet demand? Struggling to create accurate plans?
If so, this research perspective is for you. It explains that by leveraging advanced analytics, supply chains are tackling all of those problems…and more. Prescriptive analytics enable supply chains to rapidly test a wide range of scenarios — while considering both financial and operational objectives and constraints — and easily collaborate around those scenarios to produce optimal plans.
Prescriptive analytics are able to transform an inefficient, complex, silo’d process into a process that drives agile, collaborative, optimized decision-making.
Supply chains are seeing benefits like:
- Full visibility into understanding complex trade-off decisions
- A decrease in time to plan from weeks or months to just hours or days
- Highly accurate, trustworthy supply and demand plans
- Tighter collaboration across organizational functions
- A drastic decrease COGS across the value chain
Companies across all levels of planning maturity are taking advantage of this technology today. Download the research perspective and discover a better way to plan.Download Now!
Subscribe to Supply Chain Management Review Magazine!Subscribe today. Don't Miss Out!
Get in-depth coverage from industry experts with proven techniques for cutting supply chain costs and case studies in supply chain best practices.
Start Your Subscription Today!
The Common Pitfalls of Demand Planning Storm Clouds on the Horizon for Supply Chain Operations? View More From this Issue