Below is a visualization of the Supply Chain Analytics Maturity Model from Gartner. What type of analytics is your company currently implementing? We would love to hear from you.
Supply Chain Analytics Maturity Model
What can I use Predictive Analytics for in my Supply Chain?You are probably familiar with some of the more “classic” predictive modeling applications in the supply chain such as demand forecasting and transportation planning tools. Advances in processing capabilities and maturing technologies such as NoSQL databases and Hadoop clusters enable us to speed up and extend these classic applications. Machine learning complements traditional linear programming and other algorithms to make “smarter” data-driven predictions. Below are some of the more popular uses for predictive modeling, analysis, and machine learning techniques in the supply chain.