A new approach to optimising supply chain management is driving efficiencies, cutting costs and improving customer satisfaction for manufacturers.
But how can you maintain that balance in your supply and distribution networks: improving service with faster, more reliable deliveries, while still reducing overheads?
World-leading supply chain managers are quickly discovering the power of advanced location-based analytics to increase visibility, build resilience and optimise their operations.
With an ability to track vehicles, inventory and equipment in real-time, advanced location-based analytics – delivered through Geographic Information System (GIS) technology – maps the location elements of your enterprise-wide data to provide you with unprecedented oversight over your entire operation.
Here are three ways location-based analytics can strengthen your supply chain management.
1. Become ‘geo-alert’ to risk
The technology’s real-time tracking and geo-alerts – based on the analysis of traffic, weather, natural disaster or political events – can inform you of any incidents that could interrupt your deliveries and disrupt your supply chain.
By assessing whether your facilities, suppliers or customers are impacted by these events, the technology provides you with the information you need to respond quickly, reduce costs and minimise risks.
This story map reveals more about the types of analysis and alerts available to keep your vehicles and goods moving.
2. Boost resilience with supply chain visualisation
With a full understanding of the relationships between your complex network of suppliers, plants, warehouses and retailers, you are better equipped to respond to unexpected incidents, ensuring that you can continue to deliver your products to market.
This demo shows you how advanced location-based analytics can provide the insight you need to strengthen your supply chain management and build your resilience in the face of uncertainty.
3. Undertake five forms of analysis to optimise your operations
By interrogating the location elements of your organisational data and taking a holistic view of your operations, location-based analytics enables you to evaluate new markets, identify growth areas and determine optimal distribution.
Here are five different ways you can review your data to improve efficiency and boost growth.