Advanced Analytics in Supply Chain: 2024 Current State
APQC monitors the state of adoption of key practices and technologies across the supply chain. One of the areas we’ve been keeping an eye on is big data and advanced analytics as it is increasingly intertwined with supply chains. In fact, 65 percent of organizations in APQC's 2024 Supply Chain Priorities and Challenges research picked big data and advanced analytics as the top trend expected to most significantly have a major impact on supply chains in the next three years.
To understand the current state of big data and advanced analytics in supply chains, APQC gathered insights from 310 supply chain professionals across industries in May 2024. This article contains highlights about the status of organizational structure, effectiveness, benefits, and obstacles for the adoption of advanced analytics in supply chain.