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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!

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The Changing Landscape of Retail Supply Chains

Enterra Insights

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Journalist Yana Ihnatchyck explains, “Leveraging the latest technology has become more critical than ever in today’s fast-paced and competitive retail environment. In doing so, it appears they are not so crazy.

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The Role of Digitisation and Analytics in Supply Chain Resilience

The Logistics & Supply Chain Management Society

The Role of Digitisation and Analytics in Supply Chain Resilience. by Dr Shereen Nassar – Global Director of Logistics Studies and Supply Chain Management Programmes Heriot-Watt University Dubai. Digital Supply Chain to Drive Resilience.

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Big Data, Analytics, and Industry 4.0

Enterra Insights

Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] revolution.

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Unveiling the Power of Big Data

American Global Logistics

A Comprehensive Introduction, the 4 V's, and Its Significance for Businesses Introduction In the era of digital transformation, the term 'big data' has become more than just a buzzword. Data, analytics, and technology are intertwined concepts that are shaping the future of businesses across the globe. What is Big Data?

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Unveiling the Power of Big Data

American Global Logistics

In the digital transformation era, the term 'big data' has become more than just a buzzword. High-volume data, analytics, and technology are intertwined concepts that are shaping the future of businesses across the globe. What is Big Data? To be clear, the concept of big data isn't new.

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Advanced Analytics and Automation Transform Supply Chains

Global Trade Management

Introduction Supply chains are the lifeblood of any business, serving as the vital link between suppliers, manufacturers, and end consumers. While they are essential for the smooth operation of a company, supply chains come with inherent risks that, if not managed effectively, can have far-reaching consequences.