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Supply Analytics
Supply Analytics for Supply Chain Management Overview
TraceLink’s SupplyAnalytics provides business insight, detailed process analysis and operational optimization across outsourced contract manufacturing and external supply activities. By tapping into the instrumented business process modules of the Predictable Supply Suite such as Production Tracking, Inventory Monitoring and Quality Review, Supply Analytics enables brand owners / manufacturers, their contract manufacturing partners and external supply partners to better understand current performance and historical trends across the entire lifecycle of outsourced manufacturing.
SupplyAnalytics provides actionable operational business intelligence which can be leveraged by the virtual plant team to drive performance improvement programs, improve strategic visibility and decision-making in current execution and set the basis for enhanced operational planning. By using the insight provided by SupplyAnalytics on outsourced manufacturing processes in conjunction with metrics and measurements of internal organic manufacturing, companies can create and execute comprehensive manufacturing strategies that optimally utilize all internal and external supply resources.
Specific benefits and capabilities of Supply Analytics
- Monitor and analyze key manufacturing metrics and KPIs in real-time to proactively improve business operations
- Finished goods delivery metrics
- On-time delivery against promise dates
- Production order metrics
- Fulfillment accuracy, cycle time
- Inventory metrics
- Inventory levels against KPIs, across partners
- Materials metrics
- On-time delivery percentage, average delays
- Quality metrics
- First pass batch record approval
- Avg. quality review iterations, cycle time
- Finished goods delivery metrics
- Scorecard manufacturing and supply partner performance to enhance contract manufacturing and external supply planning
- Percentage meeting formal SLAs
- Top performing supply partners
- Performance trends among supply partners
