Helps in collecting data thru universal plugins/adopter (can capture data from all kind of application on premise/cloud), organizing, and analysing it.
What if analysis – create model and simulation to design Supply chain strategy
Helps in accurate predictive analysis of demand fluctuation to avoid stock out and excess inventory situation.
Can capture trend on Social Media - Twitter, Facebook, WhatsApp etc. for particular product and quickly convert it in to demand and supply opportunities.
Incorporate data on short / medium term weather forecast for specific geography to predict and adjust demand accordingly.
Add data on big events like Major Sporting event /Olympic Games, Asian Games, World Cups events, war like situation which can affect commodity prices.
Proposed Free trade agreement (FTA) between countries to take advantage in designing sourcing strategy of product/components.
Add data on Geo-political situation, Labour unrest of area to avoid stock out situation.
Provide 360 degree view of supplier inclusive of supplier market position, Currency fluctuation, financial position, planned acquisition / expansion, labour relationship, trend in commodity pricing etc. to manage risk in supply chain.