About Supply Chain Analytics

Supply chain analytics refers to the processes organizations use to gain insight and extract value from the large amounts of data associated with the procurement, processing and distribution of goods. Supply chain analytics is an essential element of supply chain management (SCM).

The discipline of supply chain analytics has existed for over 100 years, but the mathematical models, data infrastructure, and applications underpinning these analytics have evolved significantly. Mathematical models have improved with better statistical techniques, predictive modeling and machine learning.