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Supply Chain Visibility Predictive Analytics

oboloo Glossary

Supply Chain Visibility Predictive Analytics

Supply Chain Visibility Predictive Analytics is a set of tools and techniques used to gain insight into the various aspects of a supply chain. The goal is to predict potential problems or delays in either supplier performance, the transportation process, or customer demand, so that corrective actions can be taken before they occur. By taking advantage of big data sources such as GPS tracking, order history data, and weather forecasts, visibility predictive analytics enables companies to proactively make decisions that reduce costs and improve efficiency in their operations.

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