These are the top priorities for supply chain managers. But how is it achieved?
Australian supply chain executives are hyper-aware that there’s a growing need to update the way their supply chains operate. Customers have been empowered by the information and access the internet gives them. There is rising demand for greater transparency, and better service at more affordable prices.
Supply chain management and associated logistics are in the midst of a digital revolution. With blockchain technology set to disrupt and transform the way supply chains operate, it’s essential that managers and executives harness technological advances in order to stay competitive.
There are many other examples of where technology is transforming supply chain management in Victoria and across Australia. For example the Freight Data Requirements study has led to the federal government establishing a National Freight Data Hub. Cutting-edge technology will be used for the new hub, underscoring the need for supply chain managers to move with the times.
With that said, building a flexible, responsive, and resilient supply chain is not without challenges – especially considering how industry has evolved in the last decade. So what’s the answer?
It’s down to effective decision-making, but with competing priorities, how do you know you’re making the right decisions, and are you measuring what the effect of them is? We are offering an eBook from our partners at Qlik, 10 Top Solutions for Supply Chain Analytics and Insight, that looks at how you can make more holistic decisions while creating a resilient and flexible supply chain that drives growth. It covers:
1: Executive insight
Uncovering trends to drive better decisions
2: Forecasting and planning
Sharing data and encouraging stakeholder collaboration
3: Sourcing and Supplier performance
Strengthen negotiations and partnerships
4: Production insight
Plan and schedule production
5: Warehousing and distribution
Optimise storage and movement
6: Transportation and logistics
Control costs by tracking efficiencies
7: Fleet management
Keeping in top of maintenance and costs
A true omni-channel view of the business and an efficient supply chain
9: Regulatory compliance
Avoid penalties while building customer trust
10: IT Management
Analyse data across all supply chain systems
The operation and management of a supply chain – no matter how big or small the business – is complex. That means that supply chain executives are always looking for ways to innovate and streamline their processes. New technologies are providing them with opportunities to create enhanced visibility, giving them more control and keeping them competitive.
Qlik visual analytics have helped thousands of companies in all industries gain visibility across the supply chain, collaborate with partners, and better understand risks and opportunities. It’s easy for anyone in your organisation to create reports and dashboards to quickly navigate vast amounts of data in order to produce meaningful insights.
The eBook takes the Qlik solution and shows you 10 ways it can help your business create a resilient and flexible supply chain.
Download the eBook