Agile Supply

Agile supply chain

An agile supply chain can be defined as a chain of supply that has the potential to respond to changing requirements in a way that accelerates the delivery of ordered goods to customers.

The agile supply chain basically refers to the use of responsiveness, competency, flexibility, and quickness to manage how well a supply chain entity operates on a daily basis. … Another key benefit of agility in the supply chain is focusing on avoiding potential shortages and eliminating excessively stocked inventory.

In this data plays a important role because the supply chain is have to be more accurate and improve the delivery of goods.

Example:

Amazon, which adjusts prices and inventory levels in real time in response to competitors’ moves, among other things. Experience in two industries demonstrates how supply-chain agility accounts for divergent levels of performance among companies.