Analytical Techniques for Supply Chain Management

Carolyn L. Crawford’s research paper presents a comprehensive analysis of analytical techniques in supply chain management. It highlights the evolution of supply chain analytics and its critical role in modern business practices. The paper discusses various types of analytics, including descriptive, predictive, prescriptive, and cognitive, and their applications in improving operational efficiency. By leveraging these techniques, organizations can enhance decision-making, optimize inventory control, and respond effectively to market dynamics. The study underscores the necessity of adopting an analytical approach to stay competitive in the ever-evolving supply chain landscape, providing valuable insights for practitioners and scholars alike.