Procurement


Moving Supply Chains into a Strategic Position Through Data Analytics

Suppliers have become strategic partners in the success of their customers, which means technology must play a key role in value creation. Advanced analytics can close the gap between data and decision-making, by providing critical and otherwise unavailable insights. — By Cecil Parang

Supply chains have moved to a strategic and integral position in business, and the move has been largely driven by technology. For the supply chain to be strategic, especially on a global basis, the suppliers in the supply chain must step up their utilization of digital technologies. Once purely focused on production and shipment, the strategic supplier is increasingly focused o....