Data-Driven Supply Chain Management: Big Data for Big Breakthroughs
In conjunction with Concenta
Big Data analytics promises a step change in supply chain integration and performance if the information can be harnessed, analysed and used correctly. It has the potential to not only improve the performance of individual firms within a supply chain but also improve integration and productivity across the end-to-end supply chain. For over 30 years this has been the ultimate goal of supply chain management, but poor data availability, lack of visibility and inability to seamlessly share data across the supply chain have blighted progress. The internet has revolutionised the business landscape. An abundance of data is available that can be readily shared through cloud-based applications.