Remove Big Data Remove Information Remove Inventory Remove Procurement Solutions
article thumbnail

Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. The key for inventory management teams is to know what to do with it!

article thumbnail

Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Getting Smart With Logistics Big Data

Freightos

And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Getting Smart With Logistics Big Data. Data Visualization Example #1: Mobile Mastery. Data Visualization Example #2: Seeing is Believing. Bottom line?

Big Data 120
article thumbnail

How To Jump

Supply Chain Shaman

The sad fact is that most planners spend six to seven hours a day in meetings and struggle to get timely information. The second disturbing fact is that business leaders cannot access planning data, so a planner must interpret the data. Replatforming Current Planning Solutions. How to get started?

article thumbnail

4 Ways Big Data is Changing Inventory Management

EazyStock

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

article thumbnail

Getting Inventory Right: Hope with Hype and Recycled Software?

Supply Chain Shaman

Several good friends in consulting roles are sharing information on SAP HANA from SAP Insider; and this morning, LLamasoft announced the acquisition of the LogicTools assets from IBM. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. This inbound news adds to the story.

article thumbnail

SMEs and Big Data: How to Capture It and Why You Should

Unleashed

Big data refers to the process of examining and analysing large and diverse data sets for the purpose of uncovering valuable information to help businesses make informed decisions. The relationship between SMEs and big data is not contradictory, because no business is too small for big data.