Improving Your Supply Chain Efficiency with Data Visualization
Supply chain problems due to poor insights have a significant impact across the entire business. When global disruptions occur, such as COVID-19, it has a massive impact on global supply chains. In such situations, immediate changes based on an easy-to-access data visualization tool must be made available to maintain your business and relations with your customers.
Challenge
Supply chain leaders need to make timely, value-based decisions so they can respond quickly to shifts in demand and customer needs. However, modern enterprises generate an enormous amount of supply chain data throughout a product’s supply chain processes — from sourcing, overproduction, and distribution to the end customer. This data is often trapped in transactional ERP systems or is depreciated where extracting and analyzing it becomes cumbersome and time-consuming, making it difficult to see the big picture.
Why supply chain visualization can be of critical essence?
Supply chain visualization tools convert the vast amounts of data available across multiple supply chain networks into easily read dashboards and metrics displayed in real-time data that executives and planners can use to gauge the health of their complex networks. This results in faster and more efficient decision-making, providing valuable insights that can optimize supply chain operations.
According to various research, data visibility has emerged as one of the key enablers of a resilient supply chain. Companies are increasingly leveraging immersive data visualization tools to enhance supply chain visibility, empowering them to navigate disruptions and adapt to dynamic market conditions. By providing clear, real-time insights, these tools help businesses achieve better inventory management, reduce the time required for uncovering patterns, improve overall performance, and ensure the timely delivery of products.
How Ahlers Logistics can help
The Ahlers Supply Network Optimization & Analytics visualization platform combines, enriches, and visualizes your supply chain processes. By sharing visualizations with your stakeholders, you can make your supply chain network more tangible and encourage bigger thinking.
This platform makes it easier to have an immediate understanding of what is happening where and evaluate your network by tracking key performance indicators, carefully designed by logistics experts.
It also facilitates continuous improvement by identifying operational trends, patterns, bottlenecks, and cost information through data analytics. Furthermore, the platform helps you understand the impact of your network on the environment by tracking CO2 emissions of each transaction or movement.
Conclusion
The implications of supply chain data visualization techniques are enormous. From reducing time to analyze complex data to making more informative changes in a variable scenario, these techniques have transformed the supply chain management landscape. Leveraging supply chain visualization tools enables organizations to enhance supply chain visibility, improve the duration of transportation, and ensure the timely delivery of products. By analyzing data insights and factoring in various elements affecting the situation, businesses can optimize supply chains and achieve greater efficiency.