A recent study carried out by the Aberdeen Group has found that companies with top performing supply chains significantly outperformed their peers.
Specifically:
Specifically:
• Their cash conversion cycle was 50% faster
• Their customer service levels were 17% higher
• Their forecast accuracy was 36% better
Not only that, but these Best-in-Class companies were able to decrease their warehouse operating costs by 2%, while the same costs at other companies increased. Operational business intelligence is one of the keys to their success. Best-in-Class organisations are far more likely than others to have near real-time visibility into their supply chain performance so that they can react faster when business conditions change, or unexpected events occur.
To learn more about how Business Intelligence can optimise your supply chain performance, contact our BI Team today on 0800 652 4050.
Blog Writer: Lee Grogan, Sales Manager, DSCallards
Source: If you'd like read the white paper, you can register for a copy here - http://v1.aberdeen.com/includes/asp/sponsored_registration.asp?ci=/launch/report/benchmark/7059-RA-supply-chain-intelligence.asp&spid=30412020&camp=
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