Keywords: Supply Chain Management, SCM, Optimization, Supply Chain Design Solutions.
The topic of how companies can compete more effectively by using analytics more thoughtfully and effectively has received a great deal of attention in recent years. This was the theme of the best-selling book, Moneyball, which, surprisingly, was then made into a popular movie. The business best seller, Competing on Analytics, had the same theme.
Mature practitioners of supply chain management (SCM) often find some of this new writing confusing. Some authors, for example, treat optimization as an advanced form of analytics. In fact, optimization has been used for decades in off-the-shelf supply chain management applications to help companies manage complex supply chains, as opposed to something new and cutting edge.
Similarly, many in supply chain and logistics would view analytics as the dashboards and reports provided by their supply chain applications. For some top business experts in this area, reporting and dashboards don't add enough value to be considered true analytics.
In this report, ARC Advisory Group answers the question: "What are some underutilized tools that provide the prospect of providing a real competitive advantage for the supply chain function."
We believe those tools include cost-of-quality analytics, cost-to-serve analytics, and supply chain design solutions. These are described and analyzed in the pages that follow.
Table of Contents
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