Over the past three years, disruption in supply chains has been commonplace due to many factors, many beyond organizational control., Supply chain resiliency has become a top priority for planning professionals.
A recent conversation with guest speaker Simon Ellis, Program VP of Manufacturing Insights and Supply Chain Strategies at IDC, and Andy McCartney of Prevedere highlighted what actions companies take to overcome challenges in supply chain resiliency.
The most resilient companies can predict disruptions before they occur and adjust their strategies and tactics accordingly. But prediction is rife with variables – especially when only utilizing internal data and not accounting for external factors.
In unstable markets, manufacturers must attain data-informed, quantitative predictions for short-, medium-, and long-term demand forecasts. Combining internal data with Prevedere’s predictive AI allows companies to:
Gain digital and supply chain maturity
Overcome risks of flawed business predictions and plans
Establish and orchestrate digital networks and ecosystems
Download the report to learn more.
About Prevedere, Inc.
Prevedere is the world’s leading provider of predictive analytics technology and solutions based on econometric modeling, enabling intelligent enterprises to understand and quantify the impact of external factors as part of their strategic planning and forecasting. Our global data repository and patented AI platform enable financial executives and operational planners to identify market drivers, quantify the future impact of economic volatility, generate performance forecasts, and optimize plans based on market foresight.
Prevedere’s automated AI model monitoring provides an early warning system when unplanned market shifts and anomalies are predicted, enabling planners to future proof business performance. Many of the world’s leading consumer packaged goods, retail, logistics, and manufacturing companies leverage Prevedere to generate economic intelligence, spot market opportunities, mitigate risks, and deliver exclusive competitive advantage.