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Untangling the Retail Supply Chain with Real-Time Analytics

Too many knots in the supply chain can be a noose for your business. Real-time data analytics is the great fix for all those knots according to Dale Skeen. There are three major reasons why Skeen views analytics as such a problem solver:

  1. End-to-end visibility and coordination throughout the supply chain
  2. Integration between multi-channel supply chains for traditional stores and online businesses
  3. Managed fluctuations in demand

No Hangings Today

The larger a firm becomes, the more partners it takes on in its supply chain, and the more possibilities for oversights that start to exist. Real-time analytics give clear data on variables that would otherwise go unnoticed. They also provide the possibility for an integrated omni-channel experience for customers who shop both online and in-store. Lastly, historical data stops being the only means of estimating demand fluctuations when new data is constantly incoming. Read the original article for a more in-depth discussion of the merits of analytics:

About John Friscia

John Friscia is the Editor of Computer Aid's Accelerating IT Success. He began working for Computer Aid, Inc. in 2013 and continues to provide graphic design support for AITS. He graduated summa cum laude from Shippensburg University with a B.A. in English.

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