Improving profitability for supply chain
At ScikIQ We have been working with some of the world leaders in Supply chain industry and we understand to a great extent what may help a supply chain organization from a data and business analytics point of view.
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The issues with supply chain
Supply chains have a huge impact on company profits, so optimization and cost reduction is always valuable. At 40% Daily performance as a KPI has the highest impact on the organisation profitability.
- Only 6% of companies report full visibility on their supply chain.
- 69% of companies do not have total visibility.
- Only 22% of companies have a proactive supply chain network.
- 67.4% of supply chain managers use Excel spreadsheets as a management tool.
- Supply chain disruptions can cause a massive 62% loss in finances.
