SCIKIQ Supply chain control Tower Metrics

SCIKIQ Supply chain control tower is a connected, customized dashboard of data of critical business KPIs, and significant events occurring throughout the organization. Logistics Control Tower allows you to gather real-time valuable intelligence, minimize or eliminate manual processes, and break down data silos so that business executives can make decisions quickly for the business.

Improve profitability, have a better view of daily operations, accelerate sales and be proficient in predicting disruptions in almost all significant business areas.

A supply chain control tower enables supply chain organizations to completely understand, prioritize and resolve critical issues in real time. SCIKIQ Supply chain control Tower enables organizations to monitor and improve key performance metrics and how business is getting impacted on a day-to-day basis.

Improving Supply chain Profitability & Other KPIs

There is an urgent need for workable solutions given the expanding list of difficulties the logistics sector faces. Fortunately, there are remedies accessible. The majority of current problems can be resolved by digitization and collaborative logistics, which also makes it easier for businesses to plan, manage, and keep an eye on the flow of goods. The business KPI gets better and SCIKIQ can implement a ready logistics control tower for managing these metrics.

Profitability  

• Trade lane  
• Customer level   

• Organization-wise (Entity, office etc)

Business performance  

• Yield (E2E)  
• Booking  

• Conversions  

Customer analytics

• Profitability  
• Retention  

• New Accounts  
• Receivables  
• Pre-sales  

Finance  

• Operational Pnl  
• Financial Pnl  
• AR/AP Analysis  

Sales Analytics  

• Conversions/bookings  
• Revenue Trends  
• Sales Quota management  

Operations  

• Lost, New, Active  
• Utilizations  
• Detailed view  
• Gross profit  

Data is critical for the supply chain and logistics industry as they need to track the shipments at all levels. Data is required to optimize inventory, predict accurate estimated times of delivery (ETD), forecast customer preferences, manage demand, and improve speed. In a nutshell, data is all you need at your service at all times without comprehensive use of data, you can’t improve the organization’s KPI or metrics and this is true for a supply chain industry.

SCIKIQ Recognized In Forrester’s Augmented BI Platforms Landscape Report 2023

How to build a Supply chain control Tower & Dashboard

A supply chain control tower is a centralized platform that provides visibility into the end-to-end supply chain, enabling organizations to monitor and manage their operations in real time. To build a supply chain control tower, you need to follow a structured approach that involves several key steps.

1. Define the scope and objectives: Define the scope of your supply chain control tower, which could include the entire supply chain or a specific part of it, such as transportation, inventory management, or demand planning. Also, define the objectives of your control tower, such as reducing lead times, improving customer service, or increasing supply chain visibility.
2. Identify data sources: Identify the data sources that you will use to populate your supply chain control tower. This could include data from ERP systems, transportation management systems, warehouse management systems, and other sources. Ensure that the data is accurate, timely, and relevant to your objectives.
3. Choose technology solutions: Choose the technology solutions that will enable you to collect, store, and analyze data. This could include a variety of tools, such as business intelligence software, data visualization tools, and machine learning algorithms. Ensure that the technology you choose is scalable, flexible, and easy to integrate with your existing systems.
4. Design dashboards and reports: Design dashboards and reports that provide visibility into your supply chain performance. Dashboards should be customizable, allowing you to monitor key performance indicators (KPIs) and track progress towards your objectives. Reports should be automated and provide insights that enable you to make data-driven decisions.
5. Implement processes: Implement processes that enable you to act on the insights provided by your supply chain control tower. For example, you may need to implement processes for inventory management, transportation optimization, or demand planning. Ensure that your processes are aligned with your objectives and that they are communicated clearly to all stakeholders.
6. Monitor and optimize: Continuously monitor your supply chain performance and optimize your processes based on the insights provided by your control tower. This will enable you to improve your supply chain performance over time and achieve your objectives.

Overall, building a supply chain control tower requires a combination of technology, processes, and people.

Book a Demo with us to explore how you can improve your supply chain organization with a Supply chain control Tower & right Metrics

Explore SCIKIQ Supply chain control Tower here.