Supply Chain Analytics
Ultimately every business has some inputs and processes them into output. Getting the input resources is as important as the processing. Supply Chain Management is hence essential to your business and WyzMindz can contribute by ensuring that it is optimized. Our Supply Chain Analytics Services help you to get more value from your supply chain by ensuring that your optimization is based on facts and hence guarantees you results.
Challenges Customers Face
As a stakeholder in the supply chain, you would understand that if it doesn’t function well, it could ultimately mean the demise of your competitive advantage. While managing the supply chain, there are some key issues and questions you would face when you are trying to improve its effectiveness. With our Supply Chain Analytics Service, we help you provide you with these answers. Some of the questions or issues you may have could be as follows:
- Can I make the forecasts of demand more accurate, so I can plan the supply better?
- Who are my best and most consistent suppliers?
- Each supplier has a servicing cost, can I do with lesser suppliers without increasing risk?
- How can I be sure that the material will reach me on time?
- Can I optimize the inventory which is lying across various different levels of the supply chain?
- How can I manage cash better so that I can improve my supplier loyalty and satisfaction?
WyzMindz Solution
Our Supply Chain Analytics Service spans the following areas:
Demand Side Planning
DEMAND INTELLIGENCE
Get visibility into the demand side at the Primary, Secondary or Tertiary levels to more insights and aid planning.
DEMAND FORECASTING
Forecast demand using advanced, proven and accurate statistical models so that you can meet the supply requirements correctly.
Supplier/Partner Management
SUPPLIER ANALYSIS AND RATIONALISATION
Understand your suppliers profiles and performance indepth and track them on an ongoing basis helping you to gain effectiveness via rationalisation.
PO TO DELIVERY CLOSED LOOPING
Ensure your materials reach you on time and there are no surprises on the sourcing side via closed loop supplier follow ups and on time escalations. Also get visibility on Customer POs affected due to supply issues.
REBATE/PAYMENT PROCESSING
Ensure accurate rebate processing after considering actual stock movement. Ensure proactive visibility on payments due to help in improving your supplier loyalty and effective cash management.
Inventory and Logistics
INVENTORY OPTIMIZATION
Ensure your supply chain is functioning smoothly to ensure that your inventory is optimised and does not add significant or surprise costs affecting your bottomline.
TRANSPORTATION ROUTE PLANNING
Reduce transportation costs by intelligent route planning taking into consideration routes, regulations, history and risks.
Visibility
ONLINE DASHBOARDING & REPORTING
Gain visibility into every step of the supply chain via easy to understand Dashboards to aid planning and decision making based on data.
Benefits
- WyzMindz Customer Lifecycle Analytics Services are closely tied to improving revenue, service levels or reducing costs. We also help customers achieve an optimum balance between these criteria.
Reduce costs via improved accuracy of your demand forecasts
Improve Supplier Satisfaction and Loyalty
Improve the efficiency and effectiveness of your supply chain
Reduce your inventory management and transportation costs
Gain visibility into every step of the supply chain to aid planning and decision making