Centralize data from warehouses, transportation, and suppliers. Monitor shipments, track inventory across supply chain networks and coordinate with vendors using advanced analytics tools and supply chain software.
Automate tasks like order fulfilment, inventory tracking, and route planning to reduce manual effort and errors. Leverage predictive analytics to streamline decision-making and improve supply chain operations.
Data driven decisions help forecast demand more accurately to prevent stockouts or excess inventory and avoid potential delays. Integrate prescriptive analytics to recommend the best course of action across your modern supply chain.
Get visibility of shipments, to monitor location, delays, and delivery times. Ensure better coordination and minimizes unexpected disruptions with real-time alerts and data analytics.
Consolidate data from all suppliers to track on-time delivery, quality issues, and compliance. Use analytics tools to select better suppliers and improve contract management strategies.
Use historical data, market trends, & external factors like weather to predict future demand fluctuations. Improve planning and reduce the risks of overstocking, stockouts, or lost revenue with data analytics.
Integrates data from all sales channels to ensure accurate inventory levels and seamless order fulfilment across platforms. Achieve better alignment with supply chain management analytics.
Streamlines returns by managing inspections, optimizing inventory for returned goods, and coordinating restocking, ensuring efficient handling and cost reduction. Use data driven logistics to ensure efficient handling and cost reduction.
Facilitate accurate invoicing and financial reconciliation with centralized, clean data. Identify discrepancies using unstructured data analytics and ensure timely payments to suppliers and vendors.
Integrate all your data sources, map them to your KPIs, analyze your data and visualize insights.
Inventory turnover measures how often a company sells and replaces its inventory within a specific period.
Cost of Goods Sold / {(Opening Stock - Closing Stock) / 2}
The on-time delivery rate measures the percentage of customer orders delivered on or before the promised delivery date.
(Number of on time deliveries/ Number of deliveries) x 100
Freight bill accuracy evaluates the correctness of freight bills by comparing billed amounts against agreed rates and services.
(Number of Correct Freight Bills / Total Freight Bills) x 100
Average transit time measures the average time goods spend in transit from the supplier to the customer.
Transit time/ Number of deliveries
Assessing warehouse productivity and efficiency involves metrics like throughput, space utilization, and overall performance.
(Output value/ Input value) x 100
his evaluates the transportation costs incurred for each mile travelled in delivering goods to customers.
Transportation costs/ Miles Travelled