Quantzig, a leading analytics advisory firm that delivers customized analytics solutions, has announced the completion of its free resource on how cognitive analytics is helping businesses to reshape supply chain. Modern-day supply chains are multifaceted with numerous interconnected logistics networks. All these logistics networks must work in synchronization to ensure OTIF deliveries. The latest technological disruptions have paved the way for new and advance business models for collecting and analyzing data. With cognitive analytics becoming popular across business segments, it is expected to play a crucial role in transforming logistics and transport functions, thereby changing the face of modern supply chains.
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How Cognitive Analytics Can Transform Your Supply Chain (Graphic: Business Wire)
With the growing challenges enterprises now need a cognitive supply chain that is adaptable, self-learning and predictive. Infusing cognitive analytics with the supply chain can help in tackling challenges by offering BI based insights and running simulator models for predictive insights. To know more Request a free proposal for comprehensive insights.
“A cognitive supply chain is a digitally-led, yet a data-driven one which differs from its transactional predecessor in several ways,” says a supply chain analytics expert from Quantzig.
Quantzig’s cognitive analytics solutions coupled with domain knowledge can help you improvise your current supply chain processes and drive better business results. Get a limited period free access to our analytics platform.
Top Three Cognitive Supply Chain Facilitators
- The emergence of advanced technologies
Technologies such as cloud computing and artificial intelligence can help a business to collect, organize and interpret data to extract meaningful insights from complex supply chain data sets. Leveraging cognitive analytics techniques can also help them identify patterns in unstructured large data sets.
The traditional supply chain methods mostly focus on improving efficiency and minimizing costs but fail to analyze the other hidden aspects of the supply chain. Contact us to know more about the benefits of having a cognitive supply chain.
- New Operating Models
Most of the modern business models have come a long way, such models are hybrid, scalable, flexible and reliable. Businesses are leveraging cognitive analytics to enhance the efficiency of business operations to drive better revenue.
- Evolution of skillsets
Most of the businesses are finding it tough to manage the growing complexities of the supply chain. Most of the supply chain complexities are a result of the interconnected networks and multifaceted SCM approaches. In such situations, knowledge of cognitive supply networks along with advanced analytics solutions can help businesses drive supply chain transformations without relying on automated tools and machine-generated insights.
Want to know what are the benefits of the cognitive supply chain? Request for more information to get a FREE copy of this whitepaper.
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal