Five Stages of Achieving Supply Chain Analytics Maturity
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Key Takeaways
⇨ The importance of supply chain analytics has increased due to growing complexities in supply chain networks.
⇨ To build world-class capabilities in this area, organizations will need to build a roadmap.
⇨ The roadmap consists of five stages, starting with foundational and going all the way to advanced analytics capabilities.
Supply chain analytics has rapidly evolved in the last few years, supported by progress in technology and computing power. This evolution can also be attributed to increasing supply chain complexities, and challenges companies are increasingly running into. SAPinsiders have consistently highlighted their increased focus on leveraging analytics and automation in the supply chain in our research, like the most recent research, Supply Chain Planning in The Cloud, and in our conversations with them, leading to “Supply Chain Analytics and Data Management” being the theme of our upcoming December 2022 research report. However, building robust supply chain analytics capabilities is a journey. Organizations need to develop a roadmap to attain supply chain analytics expertise, which needs to happen in various stages. This article discusses the five stages of building supply chain analytics maturity.
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