Supply chain business intelligence: optimizing operational efficiency

Food and nearly everything else that is bought and sold must travel from where it is produced to the buyer. Transportation costs are rising sharply. Oil prices have surged by approximately 45% and gas by 55% since late February, a direct consequence of the escalating conflict in the Middle East.

Distributors and their supply chain managers have been up against inflation and rising prices since the pandemic and and to cope with continuing shocks like the Middle East crisis most have had to change their supply chain processes to manage a more volatile marketplace. Business intelligence (BI) helps distributors understand risk exposure and make confident decisions when the range of possible futures runs from bad to considerably worse.