Supply Chain Game Changer

DECEMBER 23, 2021

What is Big Data? SQL and Big Data article and permission to publish here provided by Cristina Par. A well-optimized supply chain can deliver a wealth of benefits to businesses, and achieving this is easier when you turn to tech solutions designed to process large volumes of data.

Optimal Sourcing 86

Optimal Sourcing Big Data Optimization Software Supply Chain Design Software 86

Jaggaer

MARCH 18, 2020

“Big Data” is everywhere. The value of quality data has never been higher, and the power to process that data is more readily available than ever. To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

EazyStock

JUNE 23, 2022

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. Big data is used to understand trends and patterns in behavior.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. That’s why it’s critical to have an audit partner who can ingest data across all systems.

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Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

GlobalTranz

DECEMBER 15, 2016

Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . As big data analytics offer a sizeable competitive advantage for many industries, the drive to deliver cutting edge innovation in data analytics is ever increasing.

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Big Data Analytics Software Analytics Cost Reduction Strategies 120

Talking Logistics

AUGUST 7, 2014

So you’re a shipper intrigued by Big Data tools and technology to improve transportation management initiatives. Should you implement a technology solution from a third-party logistics provider (3PL) or is it more effective to select a pure-play TMS provider to leverage your data?

Supply Chain Planning Software 164

Supply Chain Planning Software Big Data Optimization Software Analytics Software 164

Enterra Insights

FEBRUARY 8, 2019

… Big Data is still a useful statistician’s tool, and can be examined to gain intuition that leads to new hypotheses — but those hypotheses then need to be investigated with statistical rigor.”[3] ” Big data analytics use cases. Today, it’s much easier to leverage that data.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Big Data Analytics Software Predictive Analytics 100

The Network Effect

SEPTEMBER 12, 2014

Today I want to go a step further and show how Big Data and application development are handled within these new environments. First, today’s advanced cloud platforms provide a flexible architecture that enables the aggregation, storage, querying, processing, and analyzing of Big Data. Cloud cloud social'

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Big Data Supply Chain Network Software Modeling Modeling Software 182

Unleashed

JANUARY 27, 2020

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.

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Big Data Analytics Software Predictive Analytics Software Purchasing Skills 63

NC State SCRC

OCTOBER 23, 2018

Dunn a writer for TechnologyAdvice. She provides some great insights into how big data might be able to be used in supply chains. Today’s companies face overwhelming reams of endless data flooding in from a broad range of channels. The Advantages of Analyzing Big Data Run Far and Wide.

Big Data 58

Big Data Supply Chain Planning Software Supply Chain Software Analytics Software 58

Enterra Insights

FEBRUARY 1, 2022

Few topics are as discussed or as important as big data. As I’ve noted in the past, the amount of data being generated is so enormous that the modifier “big” is a totally inadequate — maybe even laughable — modifier. Big Data Trends. Big Data Becomes a National Security Issue.

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EazyStock

OCTOBER 10, 2018

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.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

Supply Chain Network

APRIL 5, 2018

As digital disruption continues throughout the maritime supply chain forward thinking firms are investing internally in capabilities to become more data centric. And relative to emerging data sources of relevant Big Data on global supply chains, one very interesting new player is Spire Global.

Predictive Analytics 79

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 79

Supply Chain Movement

JULY 11, 2014

On 12 May 2014 IMD organized a one-day open event in Lausanne that analyzed big data and its impact on value chains. Several experts with different backgrounds shared their views on the latest trends at the intersection of big data and value chains. When did big data start being part of our life?

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Big Data Data Price Reduction Sourcing Strategies 84

Enterra Insights

AUGUST 15, 2023

Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1] In doing so, it appears they are not so crazy. Improving Customer Experience. .”

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Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Enterra Insights

DECEMBER 1, 2020

Alex Toma ( @alexbreakline ), a digital marketing specialist, writes, “Data has always been fundamental to the success of digital.”[1] 1] Most business leaders understand that so-called “big data” is an asset for their company’s operations. The World Economic Forum has declared big data an asset class like gold or oil.

Big Data 157

Big Data Data Analytics Software Sourcing Strategies 157

Demand Driven Technologies

JANUARY 26, 2024

The tender included all the buzzwords of the moment: AI, big data, and a system that could process millions of planning actions per day (sic). Read more Source We were recently approached to tender by a company looking for a forecasting and procurement solution.

Supply Chain Transformation 92

Supply Chain Transformation Supply Chain Planning Software Forecasting Supply Chain Planning 92

Supply Chain Shaman

SEPTEMBER 30, 2022

The term is a spin-off of the “Big Data” work from the open source innovation of the last decade. Ironically, supply chains are big data problems where the buyers have little understanding of the new technology approaches. I first encountered the term “digital transformation” in 2011.

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Manufacturing Procurement Supply Chain Software Buyer Training Analytics Software 217

Enterra Insights

JUNE 1, 2020

When people hear or read the term “big data,” they initially think two things: It’s data and it’s big. First, let’s talk about what “big” really means. The volume of data being created is unprecedented and will only increase. How much data will it generate?

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Big Data Data Analytics Software Manufacturing Procurement 147

RFgen

SEPTEMBER 13, 2017

Data collection and integration tools underpin big data innovation. Big data has been growing more important in the supply chain sector as businesses look to eke out every bit of value they can through greater operational insights. ” Putting Big Data Into Practice. .

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Big Data Supply Chain Planning Software Analytics Software Supply Chain Software 52

RFgen

SEPTEMBER 13, 2017

Data collection and integration tools underpin big data innovation. Big data has been growing more important in the supply chain sector as businesses look to eke out every bit of value they can through greater operational insights. ” Putting Big Data Into Practice. .

Big Data 52

Big Data Supply Chain Planning Software Analytics Software Supply Chain Software 52

Enterra Insights

MARCH 15, 2021

Over the past few years, businesses have expressed both delight and disappointment with their big data analytics efforts. The lesson to be learned is that doing big data analytics correctly isn’t as easy as some people would make you believe. Big Data Analytics: From Disappointment to Delight. 2] Michael C.

Big Data 147

Big Data Analytics Software Predictive Analytics Analytics 147

Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM). With the continued challenges facing supply chains, that is no surprise.

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Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

AFFLINK

MARCH 20, 2017

You can’t open a major tech news site these days without encountering the words “big data.” What is Big Data? The easy question first: what is big data? As explained by a recent IBM report, “Big data is being generated by everything around us at all times. How Can Big Data be Used?

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Optimal Sourcing Big Data Supply Chain Optimization Modeling 54

ivalua

JUNE 24, 2015

Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. Big data is about synthesizing and making sense of information — better and quicker than your competition. So are you getting the most out of big data ?

Big Data 100

Big Data Manufacturing Procurement Sourcing Analytics Software 100

Supply Chain View from the Field

OCTOBER 10, 2014

The proceedings of the 2014 Workshop on Human Centered Big Data Research was recently posted. It was also clear that the field of Big Data is expanding rapidly, and that intelligence agencies are including many different approaches to collecting data from multiple sources to drive insights. Analytics'

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Enterra Insights

FEBRUARY 22, 2021

Geoffrey Moore ( @geoffreyamoore ), an American Management Consultant and Author, once stated, “Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway.” He insists, “The world is one big data problem.” ” What is big data?

Big Data 113

Big Data Data Analytics Software Predictive Analytics Software 113

Enterra Insights

MAY 6, 2021

In the area of big data, geological features are often used to depict the enormity of the data involved. ” Alexandrov and Vesselinov write, “A seemingly bottomless ocean of ‘big data’ has flooded our world. 3] They are: 1. 5] They are: 1.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Enterra Insights

APRIL 24, 2019

There has been an enormous amount of hype about big data. The World Economic Forum declared big data a valuable resource like oil or gold. Extracting value from big data can also be difficult and many companies have reported their big data projects have failed or produced disappointing results.

Big Data 100

Big Data Data Analytics Software Supply Chain Network Software 100

Enterra Insights

JANUARY 25, 2024

wrote, “Big data and AI are infamously providing corporations and governments with the means to know us ‘better than we know ourselves.’ ”[5] Most people recognize there is a tradeoff between the personalization consumers want and the data they are willing to share. ” Retail Dive, 2 November 2022.

Data 130

Data Modeling Software Supply Chain Design Software Analytics Software 130

Enterra Insights

MARCH 30, 2020

Marketers understand the value of data, but many of them still struggle with challenges associated with big data. ”[1] Mastering big data challenges in order to increase advertising effectiveness is becoming an imperative. ” Big data challenges. Kimberly A. Footnotes. [1] 1] Kimberly A.

Big Data 113

Big Data Data Optimal Sourcing Sourcing Strategies 113

Demand Driven Technologies

JANUARY 26, 2024

The tender included all the buzzwords of the moment: AI, big data, and a system that could process millions of planning actions per day (sic). Read more Source We were recently approached to tender by a company looking for a forecasting and procurement solution.

Supply Chain Transformation 52

Supply Chain Transformation Supply Chain Planning Software Forecasting Supply Chain Planning 52

RFgen

APRIL 16, 2013

By using automated data collection software to feed information into its big data analytics program, British grocery and merchandise retailer Tesco has dramatically boosted profits and more proactively met consumer demands. “That [program] has revealed some interesting insights,” the news source said.

Supply Chain Software 52

Supply Chain Software Big Data Optimal Sourcing Data 52

Enterra Insights

DECEMBER 2, 2022

.”[1] It’s hard to imagine how an organization can succeed in the Digital Age if its executives lack trust in what their data is telling them. ”[2] As a result, it appears job one for businesses is to improve data quality. Improving Data Quality. With the DSC, the need is to plan for data we need to capture.

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Big Data Quality Data Supply Chain Planning Software 130

Supply Chain View from the Field

JUNE 21, 2013

Tom began the discussion with a simple question: What do people think about ‘Big Data’? In fact, Big Data has been used for awhile, with companies such as UPS and others doing a lot of these things for some time. In general, he noted that not all comments were positive.

Analytics Software 103

Analytics Software Big Data Analytics Conference 103

Logility

MAY 7, 2020

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Figure 1: Demystifying Data Units.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

NC State SCRC

SEPTEMBER 23, 2016

Cognitive systems have the potential to help procurement executives make better decisions, bring to bear the expertise of the most experienced individuals to other parts of the organization, discover new insights, and prove th quality, consistency, and compliance around sourcing processes. Deep insights into specific suppliers (Supplier IQ).

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