Predictive Monitoring/Analytics uses historical data to predict future events

[suchona.kani.z]

Things get exciting when integrated trade-off analyzers (based on prescriptive analytics) present various alternative courses of action with their cost and delivery time components. For example, if it turns out that a preliminary product for the planned production in the next calendar week will not arrive at the factory on time, there are the following options:

The stocks at other locations are checked and their transport times and costs are determined.
It is checked whether the required product can be obtained from another supplier, including prices and changes to the production plan.
A sensible decision can be made on the basis of this comprehensive cost and time analysis. The focus is shifted from the linear supply chain to the entire delivery network in order to exploit all potential and still fulfill critical customer orders.

These dynamic decision support systems are not currently included denmark consumer email list in the standard control tower. However, in collaboration with data analytics experts, appropriate solutions can be developed depending on the company's needs.


Similar to autonomous driving, responsibility is not yet completely handed over at first. Based on the compilation of all alternatives including a recommendation, a person can decide on the next course of action. Because all information is available, countermeasures can be taken much more quickly. If an unexpected situation occurs, a new calculation is carried out immediately and there is no need to wait for fixed monthly/weekly planning cycles as before.

The action taken is saved by the system so that it can take it into account for future situations and continue to learn, which falls into the area of ​​cognitive analytics. As soon as the decision for an alternative course of action has been made, the updated information should be automatically forwarded to the connected peripheral systems so that the relevant teams (internal and external) are informed of the changed situation and can act.