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Importance of Data Analytics in the Supply Chain?
- March 16, 2023
- Posted by: Admin
- Category: Supply Chain Analytics
No CommentsThe importance of data analytics in supply chain management cannot be overstated. With the increasing complexity of supply chain operations due to globalization and the rise of e-commerce, businesses must use advanced analytics techniques and technologies to gain insights into various aspects of the supply chain, including inventory levels, demand forecasting, supplier performance, and logistics optimization. In this article, we will explore the key benefits of data analytics in supply chain management and discuss some of the challenges associated with implementing an effective analytics strategy.
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Increasing Cost Savings through Data-Driven Cost Estimation
- March 3, 2023
- Posted by: Admin
- Category: Procurement Analytics
Supply cost reduction is proving essential for protecting and growing operating margins as businesses around the world look for ways to obtain a competitive advantage in this difficult market.