Professional Services
Company Overview of Chainalytics LLC
Company Overview
2500 Cumberland Parkway
Suite 550
Atlanta, GA 30339
United States
Founded in 2001
Key Executives for Chainalytics LLC
Chainalytics LLC Key Developments
Chainalytics LLC announced that it has developed several innovative forecast accuracy metrics which help companies better understand their demand planning performance and potential. The new metrics are currently being employed for members of Chainalytics' Sales & Operations Variability Consortium, or SOVC. Chainalytics' proprietary demand segmentation framework and model-based benchmarking methodologies have created an unparalleled analytical opportunity to understand item-location level forecast accuracy and bias. Using data that describes more than 300,000 distinct item-fulfillment location combinations, Chainalytics produces nearly 1,600 benchmarks that are reported quarterly by forecast lag at the demand segment level. Chainalytics developed its segmentation framework to address a shortfall of traditional benchmarking -- the disregard for the uniqueness of an individual business' product portfolio and demand characteristics which drives their unique level of forecasting difficulty. Through its new Demand Forecastability Index, Chainalytics enables SOVC members to understand what their forecast accuracy should be given their unique demand mix. To help members set realistic improvement goals and targets, Chainalytics developed a measure of Potential Forecast Accuracy to demonstrate the opportunity to achieve best-in-segment performance at a granular level within their demand profile. This metric, and the corresponding best practices, identified that nearly half of the Consortium participants could improve their forecast accuracy by 8% to 13%. To further enhance its SOVC service offering, Chainalytics will introduce a web-based user portal in mid-2013 to enable easy access to reports as well as monthly member updates tracking their demand planning performance and Demand Forecastability Index. Later in 2013, the company plans to extend the current benchmarking model to global markets as well as launch additional industry verticals beyond consumer product goods.
Chainalytics LLC Presents at Dahlman Rose & Co. Fifth Annual Global Transportation Conference, Sep-05-2012 . Venue: The Omni Hotel, Omni Berkshire Place, 21 East 52 Street, New York, New York, United States.
Chainalytics LLC announced its Integrated Freight Market Intelligence, or iFMI, service offering today. The technology-enabled service allows members of Chainalytics' Freight Market Intelligence Consortium to incorporate predictive analytics on freight markets and rate behaviors directly into their off-the-shelf or internally-developed transportation management and enterprise planning systems. The iFMI technology, which is available to shippers and 3PLs in Chainalytics' Freight Market Intelligence Consortium (FMIC), provides an integrated view of the dynamic transportation market helping companies more effectively plan and execute transportation-related decisions. In 2003, Chainalytics formed the Freight Market Intelligence Consortium to address the need for a transportation rate benchmarking approach which provided direct and confidential peer comparisons. Today, Chainalytics analyzes over $19 billion in annual freight spend to provide its more than 110 member companies with rate benchmarks, best practice research, and predictive analytics. The iFMI technology was developed in response to a significant increase in demand for Chainalytics' freight market intelligence - including the FMIC web-based rate estimator tool that received more than 18 million lane look-ups by consortium members in 2011. To help facilitate the deployment of iFMI, Chainalytics has partnered with a major TMS provider as well as a logistics service provider to add iFMI to their solution portfolios. Additional partners are expected later this year. Current FMIC members may also subscribe to iFMI directly through Chainalytics for integration with custom planning and execution systems.
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