Today, supply chain companies are under tremendous pressure to adapt to increased competition and growing consumer demands. While keeping the customer happy is their prime goal, they also need to balance business costs spent on improving their supply chain efficiency.
In addition to the above challenges, there are new trends emerging every other quarter, and keeping a track of them has become both important and insurmountable. The supply chain industry is facing a tough time navigating the changing times and emerging challenges.
This is where Supply Chain Control Towers come into play.
What is a Supply Chain Control Tower?
A supply chain control tower is a customizable console that captures, stores and manages data, while also displaying key analytics and events from the entire supply chain in real-time. It enables business owners to spot trends, prioritize actions, understand challenges and resolve them to improve efficiency across the supply chain and align processes as per strategy.
Analytics from a supply chain control tower also uses this data to make predictions of what’s to come if you continue the same path or do things differently.
It also allows you to completely understand the minute details of your business and make sense of the raw data collected from several sources.
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