Optimize Supply Chain Management and Logistics

Retailers make every effort to create optimized, flexible, global and event driven supply chain model to increase efficiencies and enhance relationship with supply chain stakeholders.Retailers aim to provide a proper product at a right time, in a proper condition, at a proper place. In this regard, the stock and the supply chains need to be deeply analyzed.
Paques with powerful machine learning algorithms and data analysis platforms detect patterns, correlations among the elements and supply chains. It can be used to develop robust demand forecasts through a statistical analysis of data across outlets. Retailer can keep a check on SKUs across outlets. Combining Procurement analytics with supplier effectiveness can help retailers in taking optimum inventory sourcing decision.In additions, the analysts would easily spot the patterns of high demand and develop strategies for emerging sales trends, optimize delivery and manage the stock.