8 Ways To Transform Your Supply Chain With Alteryx
The book discusses eight ways to transform your supply chain with Alteryx.The main focus is on forecasting demand, evaluating performance, deploying predictive forecasts, increasing organizational visibility, ensuring forecast accuracy and optimal inventories, reducing markdowns, out-of-stocks, and returns, identifying which machines require service, and incorporating on-machine data.
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- Anticipate and respond proactively to panic buying, shifts in customer demand, and raw material shortages.
- Implement reliable and repeatable data and analytic processes that require fewer manual tasks and reduce human error.
- Streamline new and ongoing processes to improve forecasting accuracy and timeliness.
- Automate and centralize data and analytic processes to increase transparency and access.
- Forecasting Demand
- The main focus is on testing and validating that an AI-forecasting model performed as expected relative to on-shelf availability targets.
- The current analytic process took two days, and the company used Alteryx to automate key analytic processes.
- Understanding Market Forces Impact
- The goal is to understand how market forces impact revenue, margin, and growth.
- The roadblocks are lack of organizational access to internal and external demand signals and determining business value, time-to-value, and productivity.
- The action is to centralize and democratize organizational analytic assets and processes, work with teams to create automated processes and scheduled reporting for key metrics.
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