Supply chain analytics
Gain end-to-end visibility and optimize buy and sell side business processes with supply chain analytics
The supply chain is the lifeblood of many organizations. When not properly managed, supply chain issues can lead to production stoppages, stock outages, missed deliveries, lost revenue and poor customer satisfaction.
OpenText™ Trading Grid™ Analytics offers end-to-end supply chain visibility and actionable insights based on B2B transactions. Insights help organizations manage key supply chain processes and use predictive analytics to optimize future outcomes based on historical data. With Trading Grid Analytics, organizations can monitor and measure suppliers and customers against key performance indicators (KPIs) to identify the top and bottom performers and improve trading partner performance management.
Unlock the value of the supply chain through embedded analytics
Improve decision making with embedded supply chain analytics solutions for full visibility into the supply chain
What is supply chain analytics?
Supply chain analytics delivers insights into historical patterns, the current state of transaction flows and can predict the future performance of suppliers and customers. Armed with realtime business transaction data, supply chain analytics offers end-to-end visibility and refines trading partner performance management to drive revenues and profit.
The best supply chain analytics solutions provide configurable out of the box reports for immediate value, support data blending with other data sources and identity risk for both buy and sell side operations.
OpenText Trading Grid Analytics overview
Trading Grid Analytics is a cloud-based predictive analytics platform embedded within OpenText™ Trading Grid™ and OpenText™ B2B Managed Services. The solution enables organizations to easily access, analyze and act on information contained in B2B transactions flowing across Trading Grid, including orders, ship notices, invoices, payments and more. It delivers in-depth supply chain visibility to help organizations understand the current status of B2B operations and identify future patterns and trends.
With comprehensive and interactive dashboards, the solution makes it easy to drill down into data to improve business operations, mitigate risk and spot new opportunities. Trading Grid Analytics helps manage to KPIs, collaborate more closely with suppliers and customers and continuously improve trading partner performance management.
OpenText Trading Grid Analytics features
Realtime, interactive dashboard in OpenText Trading Grid Analytics
Alerting and notification
Sends realtime alerts when supply chain issues arise, such as unacknowledged orders or potentially late deliveries, so corrective actions can be taken.
Identifies patterns and trends, such as which customers are likely to delay payment. B2B transaction data can be stored for up to 2 years to enhance the data sets for analysis.
Allows non-technical users to quickly drill down into buy and sell-side reports, including invoices issues, orders accepted and ship notices received.
Offers instant views into the latest trends within key areas, such as transaction volumes, file errors and active partner counts.
Industry best practices
Provides fast access to standard and SCOR-based metrics, split across operational and business level reporting metrics. Custom reporting is available to meet exact business requirements.
Data and document support
Analyzes data in a wide range of document formats, including ANSI X12, EDIFACT, VDA, RosettaNet and Tradacoms. Imports and blends data from various EDI standard formats and CSV and XML files from other enterprise business systems.
OpenText Trading Grid Analytics benefits
Access and analyze supply chain information in interactive dashboards for actionable insights that boost both operational and strategic decision-making.
Manage by exception
Configure KPIs and business rules to alert users to issues as they arise and prevent broader business disruption.
Enhance inventory management
Plan, forecast and fully optimize inventory based on the patterns and trends within the supply chain to minimize excess and unnecessary stock write-offs.
Improve trading partner performance management
Get visibility into top and bottom performing trading partners to take corrective action with troublesome partners and target high performers with more opportunities.
Improve cash management
Decrease errors and exceptions to reduce costs and shorten the order-to-cash and cash-to-cash cycles.
Reduce supply chain risk
Identify errors and exceptions in business transactions early and spot underperforming trading partners.
Transform business with intelligent supply chain solutions
Find thought-leadership resources that can help jumpstart the supply chain transformation journey.