Predictive Analytics in Supply Chain Management
June 12, 2017
On 25th May Adjuno spoke at the Supply Chain Innovation Summit 2017 China Focus (SCCN2017) in Shanghai, China. The theme this year was “Digitalization. Revolution. Success.” and the summit addressed topics across various sessions focussing on Supply Chain Innovation, Digitalization, Visibility, Innovative Supply Chain Technologies, e-Commerce Supply Chains, Cross-Functional Collaboration. This event was developed by and for Supply Chain and Logistics professionals.
There were over 30+ speakers at the event addressing the topics across Supply Chain Management Trends, Logistics Innovation and Technology, Sustainability and latest hotspots. On both the days there were few panel discussions who covered various topics such as supply chain digitalization, revolution and success; the Internet + Supply Chain; overcoming challenges on maintaining visibility, transparency and real-time information in multi-layered supply chains and more.
Our Business Development Director from APAC, James Hargraves, was one of the speakers at the summit and presented his vision on “Predictive Analytics in Supply Chain Management.” He shared the insights on why supply chain systems are becoming an integral part of any successful supply chain organisation. The presentation focused on how current supply chain systems offer more data than ever before and are excellent at manually managing exceptions. However in future, using predictive analytics, organisations will be notified of issues as well as presented the best outcomes to address these based on a huge pool of historical data and live update resources from the cloud.
His presentation featured a day-to-day comparison scenario of present and near future in supply chain process. This comparison clearly explained the gaps in our current supply chain operations and how big data, machine learning, and internet of things (IoT) will play a major role using historical data across millions of shipping and inventory management tools to make better and accurate decisions. You can view his presentation here.
If you would like to know more and uncover the key benefits of analytics in supply chain management for your organisation, your operations, impacts and opportunities for your supply chain and learn how to bridge the gap between potential and reality – get in touch with Adjuno today at firstname.lastname@example.org
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Customer Success Stories
We have found them to be an excellent business partner. Through the implementation of both their supply chain and sourcing software they have more than proven themselves in giving us a product that functions the way we need it to. LIMA has been a fantastic supply chain visibility tool, calculating real accurate landed cost position throughout the order lifecycle. The LIBERTY software matches our product sourcing business needs perfectly. PLM systems I’ve previously used, often bring lots of issues through implementation, but these guys managed this and I’ve got highly satisfied users.John Amm - GM Global Sourcing, Myer
The solution has realised more benefits than we initially thought possible. Claims notifications are being handled in a fraction of the time. Suppliers are making fewer calls into the office and quality scores have increased dramatically. All of this can only have had a positive impact on the customer experienceMartin Ashfield, head of commercial property claims, AXA
The system alerts us to exceptions against our plan, allowing us to focus our attentions on solving the real issues in the supply chain. Having a comprehensive audit trail of events for everyone to see has resulted in significantly improved service levels from our suppliers and agents.Darren Walker, head of generics buying and UK trading, Alliance Healthcare
Now our buyers can exchange photographs with suppliers and have a real-time dialogue as they develop styles, while buyers out in the Far East can send detailed and accurate information back to their teams in the UK. It has certainly cut lead times and reduced errors.Maxine Walter, supply chain co-ordination manager, New Look
The time it takes to compile reports has been significantly reduced; a report which used to take five whole days to complete is now accomplished within a single day!Sam Brown, Responsible Sourcing Co-ordinator - John Lewis.