Best Supply Chain Analytics Solutions

What are Supply Chain Analytics?

Supply Chain Analytics involves the systematic use of data to optimize and enhance supply chain decision-making, ensuring efficiency and reliability across operations.

The top 5 Supply Chain Analytic solutions are Palantir Foundry, Aera, SAS for Demand-Driven Planning and Optimization, Intelligence Node iNCompetitor and IBM Cognos Supply Chain Performance Procurement Analytics, as ranked by PeerSpot users in November 2024. Palantir Foundry received the highest rating of 7.5 among the leaders, is the most popular solution in terms of searches by peers, and holds the largest mind share of 36.2%.

Advanced analytical tools in Supply Chain Analytics assist organizations in forecasting demand, managing inventory, and routing logistics while reducing costs and minimizing risks. These solutions leverage data from various sources, offering insights that help in making informed strategic decisions for process improvements.

What are critical features of Supply Chain Analytics?

Predictive Analytics: Identifies future trends based on historical data
Real-time Monitoring: Provides ongoing visibility into supply chain operations
Optimization Algorithms: Enhances efficiency in logistics, inventory management, and resource allocation
Data Integration: Combines data from different sources for comprehensive analysis
Risk Management: Evaluates potential risks and provides mitigation strategies

What benefits or ROI should users look for when evaluating a solution?

Cost Reduction: Identifies areas to cut costs while maintaining productivity
Improved Accuracy: Enhances precision in demand forecasting and inventory tracking
Increased Efficiency: Streamlines operations, resulting in faster turnaround times
Better Decision-Making: Provides actionable insights for strategic initiatives
Enhanced Visibility: Offers real-time insights into every part of the supply chain

In retail, Supply Chain Analytics helps streamline distribution and optimize stock levels, ensuring products are available when and where customers need them. In manufacturing, it enhances production planning and supplier coordination, leading to reduced downtime and improved resource allocation.

Supply Chain Analytics equips organizations with the data-driven insights needed to navigate complexities and enhance decision-making processes across the entire supply network.

Supply Chain Analytics solutions mindshare

As of December 2024, in the Supply Chain Analytics category, the mindshare of SAS for Demand-Driven Planning and Optimization is 11.5%, down from 24.7% compared to the previous year. The mindshare of Aera is 33.3%, up from 12.7% compared to the previous year. The mindshare of Palantir Foundry is 36.2%, up from 18.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Supply Chain Analytics

Top Supply Chain Analytics products

Rankings through

#1 Ranked

Palantir Foundry

Palantir Foundry is an enterprise data management platform offering comprehensive tooling for working with big data. Because it is an operating system made for modern enterprises, it is highly available and a continuously updated platform. Palantir Foundry is a fully managed SaaS platform that spans from cloud hosting and data integration to flexible analytics, visualization, model-building, operational decision-making, and decision capture. It equips technical and non-technical users to make data-driven operational decisions.

7.5

Rating

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598

Words/ Review

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Aera

The Platform for Decision Intelligence.

111

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SAS for Demand-Driven Planning and Optimization

SAS for Demand-Driven Planning and Optimization offer an integrated suite of forecasting, analysis, visualization, reporting and optimization modules built on a common base. SAS for Demand-Driven Planning and Optimization gives users of all types the information they need in a set of common dashboards and scorecards as well as dynamic performance reports.

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Intelligence Node iNCompetitor

iNCompetitor lets you closely follow competition and market trends so you stay ahead and on top. Get quick and timely insights into your competitions' pricing, promotion and catalogue movement to plan ahead precisely.

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IBM Cognos Supply Chain Performance Procurement Analytics

IBM Cognos Analytic Applications deliver packaged reporting and analytics that enable you to gain cross-departmental and functional insight into your performance far more cost effectively than if you were to build an analytics solution. Cognos Analytic Applications leverage the strength and capabilities of the industry-leading IBM Cognos 10 platform. Unlike our competitors, IBM Cognos Analytic Applications deliver a highly adaptable, integrated line-of-business view of performance that can make changes to business rules, data attributes, and source through a drag-and-drop process to ensure continuously relevant reporting content, while eliminating much of the coding, customizing, and interpreting of data involved with other vendors' solutions.

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LogiNext

We employ smart technology and analytics in supply chain using Internet of Things (IoT) to serve every client need. LogiNext’s Mile, LogiNext Haul, LogiNext On-Demand, LogiNext Field and LogiNext Reverse logistics optimization tools are highly automated and configurable enterprise logistics software solutions which will enable streamlined operations and lower costs. All the products are enabled with real-time Live logistics Tracking, routing and scheduling features.

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Oracle Supply Chain Collaboration and Visibility Cloud

Oracle Supply Chain Collaboration Cloud enables you to plan supply with your partners, manage contract manufacturing activities and monitor business-to-business messaging. By involving partners in the decision-making process, so you can collaboratively identify and resolve supply chain disruptions. The result? More reliable and responsive trading relationships that contribute to your bottom line.

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OpenText Trading Grid Analytics

OpenText™ Trading Grid™ Analytics offers transaction analytics that help customers react, shifting inventory to where it is needed, managing key supply chain processes and using predictive analytics to understand both current and future needs. With Trading Grid Analytics, organizations can also monitor and measure suppliers and customers against key performance indicators (KPIs) to improve trading partner performance management.

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Halo BI

Get to your Data Without Burdening ITHalo combines automated data integration, visualization and supply chain analytics. All within a single solution.

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