7 Ways Process Intelligence Enhances the Supply Chain

As supply chains become more global and complex, processes are becoming increasingly challenging to monitor and optimize. Identifying the root cause of inefficiencies can prove difficult without having a comprehensive view of operational workflows. Process intelligence technologies optimize the order to cash process by providing a 360-degree view of all organizational processes in real-time — across disparate back-end systems, departments, teams, and locations. These advanced technologies enable supply chain leaders to easily identify where bottlenecks are occurring, measure vendor performance, streamline company operations, and enhance profit margins.

According to a Deloitte study, the supply chain ranks as one of the highest priorities for digital transformation investments. However, many organizations have been slow to adopt new technologies. Process analytics platforms are a critical success factor in improving supply chain efficiency, speed and accuracy in a way that siloed, standalone systems cannot. Below are seven ways that process intelligence technologies can improve your supply chain operations:

1. Enhance profit margins.