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2012 Supply Chain Predictions: Is the End of the World Nigh?

Supply Chain Network

But 2012 is an extra-special year; it carries heavy historical baggage chock full of dire predictions. Nostradamus painted a bleak picture of massive destruction and mayhem brought about by a comet in 2012. In the tradition of David Letterman, (in no particular order) let’s hit the Top 10 Supply Chain Predictions for 2012.

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Only Enough Data to Cause Paralysis: A Timeless Message About Big Data

Demand Solutions

Yet, not only does Guy Kawasaki’s 1988 book "The MacIntosh Way" possess a timeless charm, it also contains at least one nugget that cuts to the core of one of our current burning issues: what to make of Big Data. Says Kawasaki: "There is only enough data to cause paralysis -- never enough to make a perfect decision.".

Big Data 100
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The Seven “Vs” of Big Data

Enterra Insights

It should, therefore, come as no surprise a seventh “V” has been added to the characteristics of big data. Finally, Ashley Stirrup suggests a seventh “V” be added to the list — Virtue (the ethical use of big data).[2] ”[5] What Vilas is really saying is that the era of Big Data is over.

Big Data 100
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Leveraging Big Data is Critical for Business Success

Enterra Insights

Gartner analyst Nick Heudecker ( @nheudecker ) asserts, for a number of reasons, 85% of big data projects are failures.[1] 1] Alex Woodie ( @alex_woodie ) notes, “Other tallies of big data, data science, and advanced analytics projects have turned up similar statistics about the rather narrow odds of success in big data.”[2]

Big Data 100
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The Role of Digitisation and Analytics in Supply Chain Resilience

The Logistics & Supply Chain Management Society

Not only that, but combined with machine learning and Big Data, digital supply chain technologies can analyse and learn from data in a way that gives supply chain managers the real-time insights they need to respond quickly to disruption and unexpected events.

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7 Megatrends Supply Chain People Should Watch

Supply Chain Opz

In order to achieve this objective, we conduct a literature review and find an interesting article named " Agent of Change: the Future of Technology Disruption in Business " published by Intelligence Unit of "The Economist" in 2012. Then, the need to have a middle manager who usually performs the data analysis is getting less.

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6 Manufacturing Trends You Need to Know

Arena Solutions

Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. alone, colleges and universities awarded 83,263 bachelor’s degrees in engineering in 2012, a 37% increase over the 60,605 degrees conferred in 2002. Breaking it down In the U.S.