In a recent Gartner survey, 74% of supply chain executives rated advanced analytics as the second most important emerging technology after digital business.
Due to Covid-19 outbreak, more than 90% of fortune 1000 companies have experienced severe supply chain disruptions. It showed the lack of flexibility and unresponsive nature of most supply chains.
As the global pandemic continues, attaining a high perfect order rate can be daunting for many organizations. Companies need to start building a highly resilient supply chain and prepare for changing customer behaviours, economic instabilities and other emerging challenges in the new normal.
Building a highly resilient supply chain with well-defined risk mitigation strategy helps to minimize imperfect order rate, achieve greater efficiencies & increase customer satisfaction. According to Bain & Company, companies with resilient supply chains can increase their perfect order rate by 20% to 40% and customer satisfaction by as much as 30%.
On the other hand, to tackle future issues head-on, companies are starting to invest in emerging digital supply chain technologies to create a resilient supply chain and ensure a seamless delivery of goods. Advanced analytics will be the cornerstone of the journey towards building a responsive and resilient supply chain.
In this webinar, we’ll discuss how to recover from such disruptions with minimum impact or even gain advantage from this pandemic situations using advanced analytics solution infused with AI.
Join us to know:
- Current and existing supply chain market challenges
- Real-time data visibility and insights across supply functions
- AI for the right product at the right time