In the ever-changing business environment, the ultimate goal is to make timely and decisive action. In the recent years, Business Analytics software has become the new best friend of many supply chain management practitioners. We use Business Analytics to solve all sort of problems such as to predict demand at retail level, streamline structure of distribution channel, optimize production scheduling, develop transportation plan and so on.
As a matter of fact, Business Analytics is the result of the multi-disciplinary body of knowledge, ranging from statistics, economics, operations research and computer science. This infographic is to introduce to you how our predecessors show fighting spirit that helps to create the world of better tomorrow!
Source: The Journey of Business Analytics [INFOGRAPHIC]
April 2, 2013
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