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Supply Chain Big Data: Why Supply Chain Leaders Are Using Big Data Analytics

GlobalTranz

Unfortunately, some may not understand what supply chain big data truly is, how it is useful, and why they need to take advantage of it as soon as possible. What Is Supply Chain Big Data? Supply Chain big data is the ultimate compilation of data gathered in the course of business.

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7 Benefits Realized Utilizing Big Data to Optimize Supply Chains

GlobalTranz

Big Data and Supply Chain Analytics Offering Benefits of Continual Improvements and More… Big data is more useful than many people fully realize. That being said, there are a few different ways that big data can be used to help optimize supply chains for a wide range of companies. We hope you enjoy!

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Big Data, Analytics, and Industry 4.0

Enterra Insights

They include: Inventory Optimization. Eswara writes, “Inventory management in the supply chain is a key area where OEMs can leverage AI to achieve efficiencies in the supply chain network. … Through AI-enabled inventory management, OEMs can gain better visibility into their inventory operations.

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Three Questions People are Afraid to Ask….

Supply Chain Shaman

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. Big data supply chains Demand Market-Driven Big Data consultants demand driven Supply chain planning'

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Throwing Down the Gauntlet

Supply Chain Shaman

In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. However, no company in this chart is on a linear path towards improving both margin and inventory turns. What can we learn?

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Please Don’t AI Stupid

Supply Chain Shaman

Drip Big Data. The third step is to do a data inventory. Explore the data the organization owns and explore how to use different forms of data to answer the questions central to the business. Industry 4.0. The Connected Supply Chain. Drip Digital Supply Chain. Autonomous Supply Chain Planning.

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Dreaming of Clouds, Lakes and Streams

Supply Chain Shaman

Yesterday, I spoke at the Eye for Transport conference on the Big Data opportunity in supply chain. I hate the term Big Data. Nine out of ten companies are not making progress at the intersection of inventory turns and operating margins. So, in summary, today, we don’t have a big data problem.

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