Points to remember, for streamlining Logistics
Logistics processes can be divided into two categories: deployment and sustainment. Both categories generate huge and dynamic data-sets that are difficult to comprehend without effective visualization. Four paths help you use your data for a more efficient chain of logistics:
- Combine disparate data for analysis: The supply chain data within an organization involves data from scheduling, financials, suppliers, inventory etc. Gathering data comes easy but the later work is where the skills play its role. Combining elements of these information into a single dashboard to manage logistics and eliminating waste remains to be the major area the executives need to focus on. Analysis comes into display while formulating an agile business intelligence solution. This solution would cater to pointing out the data sources that need to be combined. Considering the related factors across different data sets, it is important to identify relationships and opportunities that goes unnoticed/uncovered while evaluating data silos.
- Interact with your data: The core element of a successful strategy involves dashboard that drives efficiency. Static information that generates far more questions than that of answers does not drive efficiency. Hence, it is quite important to create dashboards that allows the user to interact directly with data. It enables them to find answers to even most tricky question by simply drilling down into the data cloud. Interactivity also satisfies multiple stakeholders at once by letting them filter for relevant information.
- Extend your data: Optimizing the entire supply chain isn’t a linear function, nor are the algorithms behind the operations. The interactive dashboards incorporate sophisticated models that inform your decisions efficiently. Simply by using a business intelligence solution that is flexible enough to incorporate user-defined calculations, the ability to find opportunities to optimize the supply chain expands fast.
- Provide access when & where it’s needed: For a defined supply chain strategy, it is important to have the capability to turn informed decisions instantly into competitive decisions. Supply chain often involves executives on field duty and the stress that goes behind managing their deliverables gets too hectic. Hence, the need for an alarming solution is genuine. Using visualization, you can define a business intelligence solution that lets you adhere to your rigorous security mandates, including user-level security, while leveraging an “author once” model so that dashboards are the same whether a user is at a desk or on-the-go.
Following these four paths pre-define your capability to convert data into actionable insights that further optimizes supply chain.
Data visualization is not a new topic and has been widely appreciated for its features and abilities. It is also being widely embraced by several companies across several industries. The logistics industry, however, involves a much more rigorous process. That not just deals with in-house efficiency but also in-field management. Logistics and supply chain industry has far more opportunities in the field of data visualization than it can be actually listed. From a simple analysis to interactive dashboard and quick & responsive actionable insights, data visualization is the best go!
Data visualization has indeed changed the way executives work and process things. But giving a little effort and obtaining more understanding on this vast topic can really make a huge difference to the entire industry.
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