How supply chain analytics improve business agility of manufacturing firms in Eastern Europe

Faddei Danylo Boryslav, Alexandra Danciu Barbaneagra, Maria Katarinae Kovacova

How supply chain analytics improve business agility of manufacturing firms in Eastern Europe

Číslo: 1/2022
Periodikum: Business & IT
DOI: 10.14311/bit.2022.01.01

Klíčová slova: Supply chain management, Information, Business analysis systems, manufacturing, Eastern Europe

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Anotace: Objective - Rapid globalization and innovation have generated huge opportunities, as well as options in the marketplace for customers and firms. Naturally, competitive pressures have led to manufacturing and sourcing on a worldwide scale, resulting in a major rise in items. The article tries to determine the demand for actual time business intelligence in supply chain analytics. Design/methodology/approach - The paper provides analysis and argument of the benefits, as well as hurdles in BI. Results - The paper focuses on the need to revisit the standard BI idea, which combines and consolidates info in a company, to help companies which are service oriented and looking for retention and customer loyalty. Improving effectiveness and efficiency of supply chain analytics working with a BI strategy is crucial to a company's potential to attain the competitive advantage. Originality/value - This paper furthers comprehension of the problems that involve the use of BI devices in supply chains.