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Showing posts from January, 2022

4 Ways in which Business Intelligence Impacts the Logistics and Supply Chain

Business intelligence adds to the efficiency of supply chain management by making it easy to access real-time data analytics. The logistics companies and supply chain industry is seeing advancements in digital technologies. Racing competition in the market has made it even more competitive for firms to acquire profitability in their sales. Business intelligence in the logistics and supply chain industry allows them to take a step further in taking insights into inefficiencies, emerging risks, and anomalies. With the increasing competition in the market, the logistics industry finds it difficult to deliver a compatible approach for marketing and retaining competitive prices. Let us take a look at how logistics companies can benefit from business intelligence. What are these impacts? Business intelligence can enhance supply chain management. One of the things that businesses have noticed in the pandemic is the growing need to actively manage the supply chain to access products to keep th