Big Data for supply chain sustainability
Tuesday, March 22, 2022
Big Data is transforming the way leaders manage supply chains across all touch points, from manufacturing and provisioning to logistics and customer service.
What is Big Data applied to supply chain?

The application of Big Data for supply chain sustainability is the application of high-level intelligence derived from an organization’s data analytics of its operational processes, from procurement and processing to inventory management, distribution, etc., providing a basis for automation efforts and continuous improvement of logistics operations. Read the complete article here

Also Read: “How to infer relationships between companies with Big Data?

How does it work?

This tool uses data and quantitative methods across all activities, extending the data set for analysis beyond the traditional internal data of enterprise resource planning and supply chain management systems, while applying powerful statistical methods to new and existing data sources, gaining new insights that help optimize inventory and improve decision making.

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