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The Need For Speed - How Real-Time Data and Analytics Are Pushing the Boundaries of Efficiency

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Better Decision Support Delays in decision making can cost organizations money -- a lot of it. It can interrupt customer service. It can even disrupt critical operations like supply chain management. No one understands this better than global companies with operations in remote areas of the world. Delays in timely information gathering and analysis -- and the insights they provide -- can cripple a key function. As the pace of business increases, so must the speed of decision- making. In terms of volume, UPS is the second largest package courier in the U.S., delivering over 21 million packages on any given day. (Of course, that number dramatically increases between Thanksgiving and Christmas.) UPS relies on its own business intelligence platform to help manage and maintain its supply chain operations. This platform utilizes an array of analytical tools to help it capture and analyze customer data, operational data, and planning data so it can track -- in real time -- every package moving through its sophisticated shipping network. Juan Perez, chief information and engineering officer at UPS, says their system "helps us make better decisions in the way that we move packages across our network, the way that we plan our network, and the way that we provide information to our customers. It analyzes millions and millions of data points every single day to ensure that we are constantly providing the most-up-to-date information as to the status of a package, which then feeds all kinds of other systems that allow us to do better planning and better management of the network, better support in the way that we process packages across the organization." THE NEED FOR SPEED | 4

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