Forbes, “Analytics Will Revolutionize Supply Chains In 2018,”

While 94% of supply chain leaders say that digital transformation will fundamentally change supply chains in 2018, only 44% have a strategy ready. 66% of supply chain leaders say advanced supply chain analytics are critically important to their supply chain operations in the next 2 to 3 years. Forecast accuracy, demand patterns, product tracking traceability, transportation performance and analysis of product returns are use cases where analytics can close knowledge gaps. These and other insights are from The Hackett Group study, “Analytics: Laying the Foundation for Supply Chain Digital Transformation”. The study provides insightful data regarding the increasing importance of using analytics to drive improved supply chain performance.