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There is an emerging supply chain trend that seems to be gaining significant traction by allowing companies to increase operational responsiveness and flexibility. This area, known as supply chain analytics, hopes to allow for supply chains to quantitatively segment multiple data points to make fact-based predictive decisions as a means become "data driven" and improve operational performance.
Supply chain analytics, a somewhat nascent yet growing business intelligence platform ... is proving to be a powerful force. While most companies across industry verticals measure supply chain performance based on what has occurred solely in the past through metrics, this approach will no longer be sustainable in the future. By contrast, analytics ties future and predictive performance together by analyzing trends based on millions of data points gathered from operational transactions in real time throughout the globe.
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