Supply Chain Management

End-to-end supply chain visibility is crucial in ensuring actionable data that empowers enterprises to make informed decisions and mitigate disruptions to business. Having in place the right supply chain technologies enables streamlined operations, accurate forecasting, minimal business risk and increased efficiencies. With the ubiquity of connected devices, IoT when combined with the right data gleaned from advanced analytics can improve overall supply chain operations. This rising tide can lift many ships as measurable improvements are seen across multiple business functions such as logistics, finance and quality management. Happiest Minds provides –

• Intelligent IoT platform – Platform with end-to-end IOT infrastructure to support various protocols and ability to support both real-time and batch data ingestion. Cold chain monitoring, indoor positioning and fleet management as some examples where this is being used
• Integration services and solutions to establish a Single source of truth – Services to enable enterprise data integration, EDI and SOA based integration, Blockchain enablement and API development
• Data visualization & Predictive analytics – Implementation of SCM KPIs, support of unstructured and structured data analytics, data mapping and correlation and anomaly detection. Supporting services enabled through UX/UI design and end-to-end software engineering

Demand Driven supply chain is primarily based on –

• 1) Demand Forecasting – a mechanism that uses advanced statistical models to generate accurate demand forecasts from the latest data available within and outside the organization
• 2) Demand Planning – a simulation module that develops what-if analysis based on demand drivers, sales and marketing models
• 3) Demand Sensing – a module that identifies demand drivers with the help of short-term downstream data to understand customer demand.

Businesses are constantly looking for ways to optimize the balance between supply and demand to ensure efficient operations and improved profitability. The need of the hour is a technology solution that provides a sound business plan that has taken into consideration the current operational constraints and balanced it against the expected business targets to be attained. The critical aspect of optimization is to provide a unified platform that is holistic, completely integrated and serves as a one stop shop. Happiest minds can build or enhance collaboration platforms and offer bespoke data integration solutions. More specifically, we provide –

• Supply Chain specific Blockchain enablement services – Set of applications and associated services that are completely configurable to suit varied SCM needs across industries. This provides a mechanism to record, track, assign, link and share assets, products and inventories.
• Data Integration and Information exchange – Solutions that foster supply chain collaboration and action platforms that helps sales, marketing and operations teams have a unified and comprehensive view of the committed plan.
• Embedded Analytics solutions for purchase, production and distribution planning – Platforms and solutions to optimize purchase planning and synchronize the purchase plan with the rest of the supply chain. We also offer advanced AI capabilities to define sourcing rules and algorithms to determine volume discounts and break points. Solutions to better production planning and toolsets to determine batch size, optimize product mix and track or report on production plans. Solutions to determine distribution quantities, warehouse planning and management

It is important for enterprises and companies to be agile and responsive towards market change and a key enabler of this is the ability to effectively address supply chain threats. Irrespective of the size of a business, it is prudent to build the resiliency of a supply chain so that business as usual can be resumed at the earliest when there is a critical disruption. Technology platforms for risk management and mitigation is a welcome add to already existing SCM suite of application to help organization and enterprises to operate in the aftermath of a natural disaster or any other significant supply chain interruption. Technology enabled solutions that can provide a thorough review of not only their Tier 1 suppliers, but also the Tier 2 and Tier 3 suppliers can help to reduce the ripple effect will be of high significance. That said, we provide –

• Technology platform risk assessment tools and services – Platform to review resilience in the supply chain and provide benchmarking over an extended period.
• Risk radar solutions – Service that provides solutions that work in real-time by monitoring the risk associated with an order and the impact it would have across different suppliers.
• Risk modeling and detection – Set of tools and services to provide cognitive functions that are built over big data platforms to identify supply chain risks and create early warning systems with great precision and speed. Also provide technology that aid in building supply chain control towers.