As companies respond to address immediate needs, many are looking at solutions that offer visibility and flexibility, Stephan Zech, a partner with Bain & Company, told Supply Chain Dive. Advanced analytics can improve supply forecast accuracy by up to 60%, and companies with more resilient supply chains can more easily meet customer demands in a shifting market, according to Bain.

Eighty-five percent of Bain’s clients say they are investing in big data and analytics right now, Zech said.