To learn more about our work experience view our background information.
JKDA developers have over 30 years of work experience in Supply Chain Management and Analytics
Current JK Data Analytics applications in use:
User driven analytics, based upon the role and tasks of the person requiring the information, has been shown to create rapid change and business value. This focused approach to business analytics is the core of the JKDA analytics approach. Easy to use, low friction and rapid deployment describes the cloud based offerings of JKDA.
- Text Analytics of work orders to identify patterns and predict equipment issues.
- Cleansing and classifying material master data to improve spend analytics.
- Self service spend analytics of large, multi year data sets.
JKDA builds user driven, role based self service BI solutions (Cloud based and Software as a Service) that lead to knowledge of your supply network. This knowledge is often predictive and prescriptive leading to performance improvements and reduced reaction times.
Supply Network Business Intelligence is critical to today’s fast pace markets. The resilient Supply Chain is the best practice that relies on this.
JKDA, working closely with procurement managers world wide has created a risk framework and web based analytics system that can help predict supplier issues and events and is currently in use by several global companies.
According to Aberdeen Research, more than 80% of supply management executives reported that their companies experienced supply disruptions within the past 24 months and these supply glitches negatively impacted their companies’ customer relations, earnings, time to-market cycles, sales, and overall brand perceptions. They also found that less than half of enterprises have established metrics and procedures for assessing and managing supply risks and many procurement organizations lack sufficient market intelligence, skills, and information systems to effectively predict and mitigate supply risks.
The overall objectives of the JKDA buying channel analysis are:
A “buying channel” is a process to specify a need, locate the supplier of that need, determine the terms of acquiring the need and executing an agreement for the supplier to fulfill the need. An efficient and effective procure to pay process contains processes and buying channels that are designed to “fit” different situations and circumstances encountered by end users of the P2P process.
- Ensure that internal customers are satisfied, with the right materials procured from the right supplier for the best overall value and delivered to the right place at the right time.
- Accomplish this at the right operating costs balanced by the value and importance of the goods or service purchased. Enable effective efficient communication between requester.
- Buyer and suppliers, enable and high level of data integrity to enable accurate tracking of costs.
- Provide usable leverage for sourcing and negotiating material contracts.
JKDA identifies these gaps and develops process and leading edge technology solutions that can be implemented by the lead company in a supply network to change the game and generate savings in the supply chain. In addition, often this shifts the power from the suppliers to the lead company and the “surplus profit” being obtained by the supplier can be returned in whole or in part to the lead company. Examples from JKDA are rental equipment, accommodations, and transportation management.
In a supply network, groups of suppliers are connected through physical, information and control flows that work to accomplish and end goal. These connections are not perfect and usually have gaps and deficiencies in them that produce an advantage or disadvantage for one party or the other.