Making sense of data in your reporting

Now that we’ve explored an order’s full lifecycle, it’s time to optimize your supply chain processes. This episode breaks down how you can make sense of your data to streamline your operations, including labor management, business intelligence reporting and cost and waste management, to unlock even more efficiency in your supply chain.

In this final episode of PorterLogic's "What Happens When You Click Buy" series, we will discuss the importance of reporting and analytics in managing supply chains efficiently. 

The main question for this episode is: how can you monitor and optimize operations to have measurable metrics for improvement?

One critical aspect of any operation is its ability to improve, which requires measuring success or failure through key performance indicators (KPIs). For instance, reducing food waste or optimizing space utilization can save money but require actionable data insights.

Consider using business intelligence tools like Power BI or Tableau to access valuable insights from various systems, such as warehouse management, order management and shipping systems. However, reaching that stage can be challenging due to system integrations and consolidating data from multiple sources.

Investing in reporting early on helps track KPIs effectively. A crucial component of reporting and analytics involves integrating data from different processes into a single format for analysis. This could include inventory information from multiple third-party logistics providers (3PLs) who might use different file formats.

Key takeaway: Ultimately, having a well-structured data warehouse allows businesses to perform valuable analytics on their data more easily than if it were stored within separate systems. It's essential to start thinking about creating a path toward transforming your data into an actionable format early on in your supply chain journey.

Thank you for tuning into the content series! We hope it provided value by exploring what happens when customers place orders with your company. Feel free to reach out via LinkedIn to ask any questions or contact our team to learn more about PorterLogic.