{"id":18425,"date":"2023-02-21T11:02:33","date_gmt":"2023-02-21T10:02:33","guid":{"rendered":"https:\/\/www.digdash.com\/?p=18425"},"modified":"2023-04-25T14:52:14","modified_gmt":"2023-04-25T12:52:14","slug":"the-importance-of-business-intelligence-for-supply-chain-optimisation","status":"publish","type":"post","link":"https:\/\/www.digdash.com\/en\/news-articles\/business-intelligence-bi\/the-importance-of-business-intelligence-for-supply-chain-optimisation\/","title":{"rendered":"The importance of Business Intelligence for supply chain optimisation"},"content":{"rendered":"

Supply chain management is a key element for the success and development of a company. However, it involves a multitude of time-consuming processes that mobilise many employees. Improving these processes and at the same time reducing costs is what <\/b>supply chain optimization<\/b><\/a> is all about.<\/b><\/p>\n

The benefits of supply chain optimization<\/b><\/h2>\n

From stock and order management to risk management and delivery organisation, an optimised supply chain has many advantages for companies.<\/span><\/p>\n

Lower inventory management costs<\/b><\/h3>\n

Controlling storage is one of the keys to <\/span>optimising the supply chain<\/b>. Indeed, the larger the stocks, the more human resources are required, but also a set of infrastructures and adapted tools.<\/span><\/p>\n

This is why it is important to <\/span>optimise the supply chain <\/b>by ensuring that stock levels are as close as possible to the company’s actual needs. In this way, the organisation can increase its service rate while decreasing its stocked products, which translates into lower inventory management costs in the warehouse.<\/span><\/p>\n

The <\/span>introduction of cross-docking<\/b>, which consists of shipping goods directly to the customer after receipt, also helps to reduce costs.<\/span><\/p>\n

Better management of logistics flows<\/b><\/h3>\n

Good <\/span>logistics management <\/b>also makes it possible to reduce the budget devoted to transport. As a matter of fact, by better controlling its flows, the company is able to make substantial savings.<\/span><\/p>\n

Delivery routes, for example, can be optimised to meet deadlines, but also to consistently deliver the right product, to the right person, to the right place. Furthermore, it is possible to compare different carriers in order to benefit from an attractive price-quality ratio on deliveries.<\/span><\/p>\n

Optimising the transport of goods from the production sites to the warehouse, but also from the warehouse to the final customer (consumer or distributor) is an essential lever.\u00a0<\/span><\/p>\n

Reduced risk<\/b><\/h3>\n

As the number of players and flows has increased, supply chain management has undergone a profound transformation, becoming more and more complex over the years. In this context, risk prevention has become a key issue for companies in all sectors.<\/span><\/p>\n

Optimising logistics flows <\/b>is an excellent way of guarding against these risks at every stage of the supply chain. In this way, the company avoids any problems of stock shortages or saturation, as well as any incidents that could affect the smooth running of its supply chain.<\/span><\/p>\n

Optimal tracking of deliveries<\/b><\/h3>\n

Optimising logistics management also allows the company to keep track of all its deliveries, using digital tools designed for this purpose.<\/span><\/p>\n

As a result, the company gains <\/span>better visibility of its supply chain<\/b>, with reliable data available in real time. Customers benefit from accurate information about their orders and delivery times.<\/span><\/p>\n

How can BI help you optimise your supply chain?<\/b><\/h2>\n

The benefits of a Business Intelligence solution for the supply chain<\/span><\/a> are numerous. The <\/span>use of a business intelligence tool <\/b>is a must for optimising your supply chain management (SCM).<\/span><\/p>\n

You benefit from reliable and centralised data<\/b><\/h3>\n

Throughout the various <\/span>stages of the supply chain, a <\/b>lot of data is collected by the company. It concerns both :<\/span><\/p>\n