Faddei Danylo Boryslav, Alexandra Danciu Barbaneagra, M. Kováčová
{"title":"How supply chain analytics improve business agility of manufacturing firms in Eastern Europe","authors":"Faddei Danylo Boryslav, Alexandra Danciu Barbaneagra, M. Kováčová","doi":"10.14311/bit.2022.01.01","DOIUrl":null,"url":null,"abstract":"Objective - Rapid globalization and innovation have generated huge opportunities, as well as options in the marketplace for customers and firms. Naturally, competitive pressures have led to manufacturing and sourcing on a worldwide scale, resulting in a major rise in items. The article tries to determine the demand for actual time business intelligence in supply chain analytics. Design/methodology/approach - The paper provides analysis and argument of the benefits, as well as hurdles in BI. Results - The paper focuses on the need to revisit the standard BI idea, which combines and consolidates info in a company, to help companies which are service oriented and looking for retention and customer loyalty. Improving effectiveness and efficiency of supply chain analytics working with a BI strategy is crucial to a company's potential to attain the competitive advantage. Originality/value - This paper furthers comprehension of the problems that involve the use of BI devices in supply chains.","PeriodicalId":150829,"journal":{"name":"Business & IT","volume":"47 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Business & IT","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.14311/bit.2022.01.01","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Objective - Rapid globalization and innovation have generated huge opportunities, as well as options in the marketplace for customers and firms. Naturally, competitive pressures have led to manufacturing and sourcing on a worldwide scale, resulting in a major rise in items. The article tries to determine the demand for actual time business intelligence in supply chain analytics. Design/methodology/approach - The paper provides analysis and argument of the benefits, as well as hurdles in BI. Results - The paper focuses on the need to revisit the standard BI idea, which combines and consolidates info in a company, to help companies which are service oriented and looking for retention and customer loyalty. Improving effectiveness and efficiency of supply chain analytics working with a BI strategy is crucial to a company's potential to attain the competitive advantage. Originality/value - This paper furthers comprehension of the problems that involve the use of BI devices in supply chains.