Predictive Analytics: A Necessity for Manufacturers Today

In this customer focused world, supply chain is no longer an internally visible process. The focus has now shifted to knowing where the supply chain needs to be. Predictive Analytics helps answer this question. According to Bill Abernathy, head of North America product supply logistics excellence, Bayer CropScience, “Predictive analytics are changing consumer buying behavior and supply chain professionals need to be able to satisfy the increasing demands of consumers who expect products delivered exactly when promised.” With the help of predictive analytics, manufactures are now able to make better decisions that are based on anticipating present and future customer preferences. Dave Blanchard, Senior Editor, IndustryWeek, has written in his article link about how predictive analytics is becoming a necessity for manufacturers.