Supply Chain Analytics

Group 5 202E
Supply Chain
• refers to the tools and processes used to combine and analyze data from multiple systems to
gain insights into the procurement, processing and distribution of goods.

Supply Chain Analytics Concept Map

• Data visualization -The ability to slice and dice data from different angles to improve insight
and understanding.

1.Reduce Costs

Data visualization can help you understand the needs of your customers better and develop a well-
informed supply chain strategy. This can help prevent frequent customer complaints and the additional
costs associated with them.

2.Gain Real-Time Visibility

Supply chain data visualization allows both employees and customers to see the data in real-time, even
when the data is coming in from multiple systems. This improves visibility and provides up-to-date
information to your supply chain team as well as your customers.

3.respond to Supply and Demand Changes

Supply chain managers can use data visualization to see all order, purchase, and delivery related
information in a single platform making decision making faster and easier.

• Stream processing. Deriving insight from multiple data streams generated by, for example, the
IoT, applications, weather reports and third-party data.

1.IoT and Sensor Data Processing:

With the rise of the Internet of Things (IoT), there's an increasing amount of data generated by sensors
and connected devices. Stream processing is essential for analyzing this data in real-time, allowing for
better monitoring, control, and automation.

2.Healthcare Monitoring:

In healthcare, stream processing is used for real-time monitoring of patient data, enabling healthcare
professionals to respond immediately to critical situations, automate alerts, and provide timely
interventions.

3.Enhanced Customer Experience:

Real-time insights from multiple data streams enable organizations to better understand customer
behavior and preferences. This information can be used to personalize services, improve customer
engagement, and enhance overall satisfaction.
 Supply Chain Analytics
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• Social media is a vital part of the supply chain management workflow. You can use analytics
to help you determine what is working and what is not to keep improving your social media
strategy.

1.Demand Forecasting and Market Trends:

Social media platforms provide a wealth of data on consumer behavior, preferences, and emerging
trends. Integrating this data into supply chain analysis allows for more accurate demand forecasting,
helping organizations align their production and distribution processes with market demands.

2.Collaboration and Communication:

Social media platforms offer opportunities for collaboration and communication within the supply chain
ecosystem. Integration allows for real-time communication with suppliers, partners, and customers,
fostering a more connected and agile supply chain network.

3.Competitor Analysis:

Monitoring social media activities of competitors provides insights into their strategies, product
launches, and market positioning. This information can be valuable in adjusting supply chain strategies
to stay competitive and responsive to market dynamics.

• Location intelligence involves the process of collecting location information about products,
assets, and even people as they move through the supply chain, and then using that data to
inform processes such as transportation optimization, demand planning, workforce allocation,
and more.

1.Location-specific demand planning: While consumer demand is at an all-time high across the board,
it is important to remember that product demand will ebb and flow as well as differ based on location.
Having insight into these trends allows enterprises to plan accordingly. Using location intelligence to
track which products are selling quickly in each region is helpful for supply chain coordinators so they
can warehouse inventory appropriately and avoid potential shortages and consumer disruptions.

2.Timely identification of bottlenecks: Location intelligence provides additional visibility into every
aspect of the supply chain. Having enhanced insight into how quickly products are moving in and out,
and overall foot traffic in warehouses and fulfillment centers, allows managers to quickly identify any
irregularities and address issues before they impact consumers.

3.Adequate staffing: Location intelligence is important for people as well as products. As labor
shortages continue in many sectors, it is important that warehouses and fulfillment centers have the
information they need to plan staff accordingly. Using the demand information provided by location
intelligence, warehouse managers can move resources as needed to ensure that there is enough staff in
high-demand areas to keep the supply chain moving efficiently.
 Supply Chain Analytics
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• A graph database is a systematic collection of data that emphasizes the relationships between
the different data entities.

1.Flexibility

The schema and structure of graph models can change with your applications. Data analysts can add or
modify existing graph structures without impacting existing functions. There is no requirement to model
domains in advance.

2.Performance

Relational database models become less optimal as the volume and depth of relationships increase. This
results in data duplication and redundancy—multiple tables need processing to discover query results.
In contrast, graph database performance improves by several orders of magnitude when querying
relationships. Performance stays constant even when graph data volume increases.

3.Efficiency

Graph queries are shorter and more efficient at generating the same reports compared to relational
databases. Graph technologies take advantage of linked nodes. Traversing the joins or relationships is a
very fast process, as the relationships between nodes are not calculated at query times but are persisted
in the database.
 Supply Chain Analytics
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DASHBOARD

Figure 1. Shipping status dashboard

Insight: You can track the the stock of each product per categories and if it
still on stocks or out of stocks ,and you determine the months of orders to
ship, late shipment, and overdue shipment,at this process you can prioritize
the overdue shipment before it cancel automatically and also, you can see
the performance of you system.
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Figure 1.1 Shopping trend dashboard

Insight: This dashboard shows what is trending or buyable equipment or things that
people buy every time they shop. This dashboard also truck what for sale
equipment used by men or equipment used by women.
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Figure 1.2 Inventory management dashboard

Insight: The dashboards displays metrics such as warehouse information, days of

supply, stockout rate, return rate, backorder rate, inventory carrying cost, inventory
turnover ratio, inventory to sales ratio, percentage of on-time shipments, and
product stock information. At this dashboard assists organizations in optimizing
supply chains and maximizing inventory levels.
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Figure 1.3 KPIs performance dashboard

Insight: This dashboard helps to effectively track supply chain KPIs related to the
efficiency of sales orders processing such as cash to cah cycle time, perfect order
rate, order status, feedback details, and so on. These KPIs help the manager to
validate their business portfolio and plan for the long time improvements as well.
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Figure 1.4 warehouse order performance dashboard

Insight: This dashboard also includes a regional map to show how your shipping
operations are performing for different regions. The performance of your supply
chain depends on ensuring your shipping operations are air-tight.