There are many ways to begin using analytics, but there’s one key question you should ask yourself before settling on one. The software you choose will depend on your business and the type of work you want to do. Here are a few examples:
Luminate(tm) Planning
With the era of uncertainty that our supply chains are facing, an intelligent end-to-end solution like Luminate Planning is essential. Leveraging a digital twin foundation and machine learning-based recommendations, it pivots production, inventory, and labor plans so organizations can minimize risk and deliver confidently. To learn more, visit the Luminate website. And see the video below to learn how it can help you manage your supply chain and get the most out of it.
Hilti, a global market leader in construction solutions, recently chose Blue Yonder to digitally transform its supply chain planning capabilities. Hilti implemented the SaaS-based Luminate(r) Planning software to drive a single sales forecast and a global integrated business planning process. Luminate’s user sentiment rating is ‘poor’, which means it’s not a good choice for many users.
Luminate(tm) Planning software helps you manage your entire supply chain from the earliest stage of product development through to the final delivery of the product. Luminate(tm) Planning software for supply chain analysts helps you improve your company’s supply chain compliance, lowering return costs and preserving brand reputation. And because SCP software can help you visualize your entire supply chain, it reduces human errors and boosts your business.
Luminate(tm) Planning is a cloud-based supply chain management system that combines the latest technologies for real-time data generation and integrated supply chain management. It enables supply chain managers to make timely decisions and respond quickly to changes in demand, supply, and market conditions. Luminate(tm) Planning software is available in several versions for both supply chain analysts and managers.
ChainPoint
If you’re not familiar with ChainPoint, it is a software package used to facilitate complex supply chains. With more than 70,000 users around the world, it’s no wonder the software has become so popular. With its powerful business intelligence features, it lets users slice, join, and group data to generate stunning visualisations. These visualisations reveal emerging trends and patterns in the supply chain that can help drive strategic decisions.
In today’s complex supply chains, it is essential to map every link in the chain, from supplier to consumer. A good supply chain map starts with excellent data quality. With ChainPoint, data quality is guaranteed at all stages of the supply chain. The software also has the ability to provide insight into your company’s performance and KPIs. To help make your decision-making process more efficient, consider the following:
InControl: ChainPoint’s Supplier Insights application provides end-to-end visualization of the supply chain. You can compare performance over time and compare suppliers to each other. You can also compare lead times, evaluate alternative sources of supply, and compare alternative suppliers. With ChainPoint, you won’t need to hire a data scientist or hire a specialist in supply chain analytics. In fact, the software is designed to be easy to use, and anyone can use it.
InControl empowers distribution operation managers and executives with insights. Its algorithms analyze data to predict future events and create prescriptive analysis based on that data. Intellestra provides supply chain visibility for executives, while KPMG Spectrum is a comprehensive analytics solution that addresses complex challenges and vulnerabilities in supply chains. With these advanced tools, supply chain analysts can detect potential threats and take corrective action before they affect the supply chain.
Silvon Software
Stratum by Silvon is a suite of supply chain analytics and business intelligence solutions. It’s easy to customize and leverage operational-level data quickly. The software also offers dashboards and reporting capabilities that span the enterprise. It also offers supply chain management services, which can help companies increase their operational effectiveness while ensuring customer satisfaction. This suite of solutions enables supply chain analysts to use data analytics and business intelligence to improve their operations.
Stratum by Silvon Software is a business intelligence solution that offers a robust set of analytic applications. It’s flexible enough to meet the reporting and analysis needs of every type of organization, and offers advanced capabilities such as predictive analytics, profitability analysis, and scorecards. Its price is also mid-range, making it a good choice for mid-sized companies. The main advantage of Stratum is its ad-hoc reporting capabilities, but MITS has more powerful data visualization objects and a more affordable price tag.
SAP HANA
SAP HANA software for supply chain analysts provides a comprehensive data warehouse to track and analyze the entire supply chain, from a single source to a variety of sources. SAP’s software is built on the HANA database, which offers real-time business information to help companies make better decisions. The system’s intuitive interface, called Fiori, is a popular feature for users. SAP is constantly adding HANA modules, including EWM solutions and transportation management modules. The newest innovation is the SAP Leonardo module, which allows users to integrate IoT, blockchain technology, and data mining technologies into their applications.
The software is a cloud-based, in-memory solution that combines capabilities for sales, operations, inventory optimization, and demand planning. It features powerful supply chain analytics, and is particularly useful for evaluating inventory management. Those interested in learning more should visit the company’s website or contact an SAP Partner for a free Cloud Test & Demo of SAP HANA. Once you’ve figured out which solution will work best for you, it’s time to evaluate it in detail.
As part of the SAP S/4HANA software, analysts can create and view reports based on data from various sources. The application also offers real-time simulations and system-side suggestions to improve decisions and maximize profits. Among the latest features of SAP S/4HANA supply chain software are automated Kanban and predictive materials planning. The system also supports integration with SAP CoPilot. And as a result, it’s easy to see how SAP HANA software can benefit supply chain analysts.
With its in-memory architecture, SAP HANA offers real-time analytics, accelerated business processes, and real-time simulation. Its modular design lets companies start with a single module and expand as needed. Newer modules include blockchain technology and IoT support. These are just a few of the benefits of the SAP HANA software for supply chain analysts. The benefits are numerous. If you’re ready to implement this software for your business, get a free trial today.
Among the advantages of using supply chain analytics software are improved forecasting, efficiency, and responsiveness. For instance, predictive analytics on data from point-of-sale terminals can help businesses anticipate consumer demand. The information generated by this analytics can lead to cost-saving adjustments in inventory and faster delivery. In addition to enabling real-time insight, supply chain analytics software can also help businesses improve their customer service and profitability.
