operations and supply chain leverage(s) the vast amount of data in enterprise resource planning systems to make decisions related to managing resources

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14-09-2022
Business

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operations and supply chain leverage(s) the vast amount of data in enterprise resource planning systems to make decisions related to managing resources

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Tutorconsortium322 Tutorconsortium322 · Answer 1 · 2022-09-15T14:42:44+02:00

Operations and supply chain analytics leverage(s) the vast amount of data in enterprise resource planning systems to make decisions related to managing resources.

What is supply chain analytics?

The term "supply chain analytics" refers to the procedures that businesses employ to glean knowledge and derive value from the vast amounts of data pertaining to the obtaining, processing, and distributing of commodities.
In order to forecast and enhance a company's delivery of goods and services to its clients, a supply chain analyst evaluates data and methodologies.
The supply chain analyst plays a crucial function since a company's supply chain must operate smoothly and efficiently in order to assure profitability.

Plan, Source, Make, Deliver, and Return are the five processes that make up the model's top level and are also referred to as its five supply chain management components.

Learn more about supply chain analytics here:

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