Supply Chain Analytics
Leverage the power of AI and advanced analytics to
leap frog your supply chain performance
In P2E, “big data” is not a fancy jargon. It is what we live by day to day and minute to minute.
Our consulting and system solutions leverage our adaptive algorithms and artificial intelligence in a seamless way. The client easily realizes and enjoys the benefits of our solution, without having to go through the pain of understanding the complexity behind the scenes.
Here are the different ways in which we leverage our big data & analytical capabilities
Descriptive Analytics
Insight on Past Performances
Describe, Analyze, Improve
Past data continues to be the most reliable and immediate way to gauge the temperature of the supply chain.
A wide range of measures in Supply Chain Planning
such as
- forecast accuracy (Demand Planning)
- out of territory shipments, stock outs, expedites, multiple shipments/order (Inventory Planning)
- compliance to schedule and landed costs (Supply Planning)
And a whole range of measures in Supply Chain Execution
such as
- warehouse productivity and over times to
- shipped on time, in full, using the right shipment mode, without damages and invoiced accurately (perfect order)
can all be valuable indicators of a company’s critical supply chain performance.
These measures along with their trends over time are valuable insights that we leverage to baseline and benchmark operations, identify root causes of issues and address those to improve performance
Predictive Analytics –
Understanding the Future
Predict, Perform, Profit
No man or machine can exactly predict what will happen in the future. But Predictive analytics can help you to determine future happenings and the likelihood/probability of those happenings.
See how we leverage our Predictive capabilities to
- Demand sense and respond
- Improve forecast accuracy
- Anticipate the impact of promotion and pricing changes
- Analyze the impact of New Product Introductions, SKU proliferation and associated cannibalization
- Predict supply chain risks and disruptions
- Continuously estimate the probability of an event and alert the appropriate stakeholder
- Understand the pressure due to competitor activities & external factors
Prescriptive Analytics
Prescribe Actions to generate favorable future outcomes
Prescribe, Execute, Benefit
Prescriptive Analytics – if administered appropriately can
have huge benefits to a company’s bottomline.
While the general industry notion is that it is a relatively complex and a new field, we have been steadily improving and successfully leveraging a combination of advanced heuristics and prescriptive optimization techniques to solve real world supply chain problems for our clients. The techniques are applied on a variety of datasets including historical and transactional data, real-time data feeds, and big data.