What is the focus of supply chain analytics in logistics? 🔊
The focus of supply chain analytics in logistics involves the use of data analysis to optimize supply chain operations. This includes assessing inventory levels, analyzing transportation routes, and evaluating supplier performance to enhance efficiency and reduce costs. By leveraging analytics, businesses can make informed decisions regarding demand forecasting, risk management, and resource allocation. Ultimately, supply chain analytics improves operational performance, increases responsiveness to market changes, and contributes to overall profitability.
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