Logility and Peerless Research Group Unveil the Top Opportunities and Challenges that Face Supply Chain Advanced Analytics Initiatives
Summary
According to the report, the top business pressures facing companies today include the need to reduce operating costs, increase service levels, enhance supply chain flexibility and improve forecast accuracy.Advanced analytics powered by artificial intelligence (AI) can leverage the vast amount of data available from both structured and unstructured sources to uncover new opportunities to make faster and smarter business decisions.“The speed and complexity of business requires companies to quickly turn information from disparate data sources into actionable insights that focus supply chain efforts on high-impact, value added activities,” said Allan Dow, president, Logility.“In particular, the adaptive learning nature of these technologies combined with the ability to handle large volumes of complex data are key factors to reduce costs and increase service levels through automation.With more than 1,300 customers worldwide, Logility is a leading provider of collaborative supply chain optimization and advanced retail planning solutions that help small, medium, large, and Fortune 500 companies realize substantial bottom-line results in record time.