The State of Supply Chain Analytics

state of supply chain Analytics Current and future trends in data analytics Rear window More than 40 percent of respondents said they are still almost exclusively backward-looking when it comes to data analysis. However, the vast majority expressed the belief that predictive analytics would bring value to users enabling them to leverage data at the point of decision.more than 88 percent of respondents ranked advanced analytic capabilities as an outstanding or good opportunity for their organisation. LOW FLEXIBILITY & VISUALISATION Companies are realising the value and urgency of implementing advanced analytics, few feel that they are where they need to be. Less than ten percent felt that they had high levels of user system flexibility and empowerment, data visualisation and supply chain risk management capabilities. Advanced analytics 16.3% say they have already started acting on building advanced analytics capabilities - providing a competitive edge for those that are turning the potential opportunity into action. Respondents especially see opportunities in better leveraging data to become more forward versus backward looking, Correlating data from multiple sources, better data visualization and managing Big Data. THE WAY FORWARD Enable data from multiple sources to be pulled together for a consolidated, holistic view Provide high levels of data visualization capabilities to more powerfully tell the story that underlies the data Make data and analytics easily accessible on mobile devices