Global supply chain disruptions are pushing businesses to rethink their strategies, sparking a wave of innovation and compelling organizations to continuously adapt their data landscapes to stay competitive. Whether it is volatile fuel prices, a shrinking labor force, or geo-political trends, we understand your logistics operations are under constant pressure from external forces. Hakkoda can help you fight these headwinds by activating valuable insights and focusing on business outcomes that mitigate risk for your business.
In this blog, we will walk through five of the biggest data challenges supply chain and logistics organizations face, and how a modern data stack centered on the Snowflake AI Data Cloud, together with a trusted data partner like Hakkoda, can help you solve them.
Challenge Number 1: Modernization
According to findings from Hakkoda’s State of Data report, chances are your organization has an overdependence on legacy, multi-layered WMS/OMS systems. This creates outdated data silos, riddled with tech debt, that are not well-positioned for modern tools capable of leveraging AI.
The good news? Hakkoda’s Data Innovation Journey helps assess your data landscape and prioritizes short-term and long-term strategies to get you back on track.
Challenge Number 2: Scale
The inability to properly scale warehouse operations can have challenges way beyond inefficient client onboarding. Failure to adopt common data models, repeatable patterns, and proper visibility can lead to slower inventory turnover, higher return rates, and missed shipment SLAs.
Hakkoda has helped logistics companies organize their data processes focused solely on shortening the length of time it takes to onboard a new customer, successfully reducing onboarding time by over 65%, and leading to dramatic increases in margin and customer loyalty.
Challenge Number 3: Forecasting Sophistication
An accurate and reliable inventory or capacity forecast can make or break customer satisfaction. In many cases, legacy solutions have not evolved with changing business needs, or are still simply a black box, not allowing for basic customization or full understanding.
Hakkoda has helped numerous Fortune 500 companies optimize their forecasting tools and rethink their approach with custom, outside the box solutions. By leveraging technology like Snowpark for predictive analytics and propensity modeling, or creating custom applications that solve even the most complex carryover processes, we’re confident we can help.
Challenge Number 4: Optimized Labor Model
We understand labor is most likely the largest line item on your P&L. Do you have the right visibility to control the right levers? Hakkoda can help harmonize common data models across operations, time management, human resources, and more to help you be proactive. Through pick pattern optimizations, real-time SLA insights, or inventory capacity concerns, let your data do the heavy lifting.
Challenge Number 5: SAP Analytics & Reporting
The steep costs and data silos associated with SAP can be a huge blocker for supply chain and logistics companies looking to refine their demand forecasting models. With BW and ECC coming to the end of their lifecycle, now is the time to migrate analytics workloads to Snowflake, unify your enterprise’s data in one place, and save big on retiring legacy tech.
Hakkoda has in-house SAP experts with deep experience in the ERP space and teams equipped with the technical skill sets you need to tackle these complex challenges.
So You’ve Identified Your Top Data Challenges. Now What?
Every industry has a distinctive set of obstacles to navigate on their path to innovation, and the supply chain and logistics space is no exception. And the complexities don’t stop there, either. While many of the challenges above may resonate with your organization as it navigates its data modernization initiatives, there will no doubt be other, equally crucial considerations that are unique to your enterprise. It isn’t all about the challenges you face, either. Your financial and operational goals are just as informative when it comes to building a data stack that works for your organization.
Hakkoda’s supply chain and logistics team was built with a deep understanding of the industry at its core. We don’t just deliver data outcomes, we deliver business outcomes backed by years of experience in businesses like yours. We also understand that not every tool is the right fit for every enterprise, which is why we bring knowledge from across the modern data stack to bear on every client engagement—to help you build the data strategy that works best for your business.
Ready to take top challenges in your industry head-on with a data consultancy that understands your goals? Talk to one of our experts today.
