Supply Chain Analytics
The need for robust analytics for our supply chains, and the decisions we make about them, is greater than ever. Globalization and outsourcing, increased demand volatility, shorter product lifecycles, and exogenous shocks caused by weather, health, social, and political events—All these may lead us to thinking, not just about faster cycle times and squeezing costs out of supply chains, but also to a more strategic view that incorporates factors of risk and manageability. Many of the world’s largest manufacturers use TIBCO Spotfire to not only measure the effectiveness of their suppliers, but predict likely issues and optimize against both short term costs and longer term risks.
Our solution is used extensively in areas as diverse as demand forecasting, supplier performance monitoring, inventory optimization, logistics and transportation, order management, capacity planning, and risk analysis. Its unique data mashup, visualization, and advanced statistical techniques help companies get a better insight into the future of their markets, reduce execution times, cycle times, and inventory levels, and rapidly detect and respond to issues and disruptions in the supply chain.
In the area of network planning, Spotfire allows you to instantly visualize your locations along with those of your suppliers and customers, and to overlay KPIs. But you can also optimize routing for transportation purposes—over land, sea, and air—and predict the best new locations for plant and distribution hubs.
All manufacturers want to measure supplier performance, but that often means just a dashboard of promises made, filled, or unfulfilled. With Spotfire you can augment this analysis by mashing together data on orders, returns, inventory, and shipping to see the true effect of the service levels your suppliers are providing. What are the knock-on effects of non-delivery? Further, we can use Spotfire built-in predictive capabilities to see the potential impact of supplier actions before they happen. What if I have to switch suppliers? What if the shipment gets delayed by adverse weather?