Information Overload: Is Too Much Data Crippling Your Supply Chain?

The 21st Century Supply Chain

That’s the question many supply chain practitioners are asking themselves in this world of big data, where a flood of new information is rapidly becoming readily available. Otherwise, you could fall victim to data paralysis and find yourself trapped by information overload.

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Science of Supply Chain: Researchers Affirm Benefits of Eliminating Information Delays

The Network Effect

The post Science of Supply Chain: Researchers Affirm Benefits of Eliminating Information Delays appeared first on The Network Effect. Digital Supply Chain Supply Chain Management information latency inventory management science of theoretical minimums STM supply chain optimizationThe “Science of Theoretical Minimums” (STM) might sound dry and academic, but lurking within is a proven path to dramatic.

Trending Sources

Guest Contribution: The Product Information Supply Chain

Supply Chain Matters

As a result of a recent briefing regarding the increasing importance of the product information supply chain we invited 1WorldSync to contribute this educational commentary for all readers. In the past decade, advances in primarily mobile and social technologies have allowed consumers to become much more digital and connected to information and each other, and it has altered the way they discover and purchase products.

Information Technology Considerations for Supply Chain Wide Visibility

Supply Chain Matters

Prescriptive or Predictive Analytics Sales and Operations Planning Supply Chain Business Intelligence Supply Chain Technology Supply chain wide visibility considerations in implementing supply chain wide information visibility extended supply chain visibility Independent supply chain industry analyst Bob Ferrari's Blog LLamasoft Inc.

Hadoop and the Modern Data Supply Chain

With the advent of Big Data, companies now have access to more business-relevant information than ever before and are using Hadoop to store and analyze it

FMCG Supply Chain: Do you use data or information?

Enchange Supply Chain Consultancy

Firstly, a couple of information irritations. Anyway, the signatory has to provide information confirming your identification and you get the passport. Information not data gets the job done. Someone is shouting “data is information isn’t it”? Who coined “Big Data”?

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Why Data Is Not Information

Creating Supply Chain Excellence

Later, as my partner and I sat in a car on the way back to the airport, we both reflected on what would have happened to the interaction if the CFO’s 4.74% data point was viewed as information, and if the company never began the pursuit of their omnichannel strategy. By Jim Tompkins.

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Product Information Management for the Modern Supply Chain

Oracle SCM

Without timely access to accurate product information, for example, product innovation and commercialization slows, as does communication between suppliers and selling partners. The Value of Product Information Management.

2018 Predictions Deep-Dive: Cyber Risk and Information Security Needs Consume Supply Chain Risk and Tech Investment Considerations

Supply Chain Matters

In this installment, we dive into 2018 Prediction Four: Cyber Risk and Information Security Safeguarding Consuming Supply Chain Risk and Advanced Technology Investment Considerations. Annual Predictions for Industry and Global Supply Chain Management Supply Chain Risk Management Supply Chain Technology information security challenges in supply chain management Supply Chain Matters blog.

How Real-Time Information Can Reduce Supply Chain Waste

ModusLink Corporation

We live in an increasingly real-time world where the idea of instant information directing our actions and decision-making has seeped into nearly every aspect of our lives – transforming the way we live.

The Advantages of Real-Time Supply Chain Information

ModusLink Corporation

The post The Advantages of Real-Time Supply Chain Information appeared first on ModusLink Global Solutions.

Survey Indicates Supply Chain Wide Information Security Remains Troublesome

Supply Chain Matters

Cyber security and protection from information breaches remains a top-of-mind concern for many firms, but it takes on special dimensions in the context of multi-industry supply chains. Internet of Things Procurement and Sourcing Supplier Management Supply Chain Technology independent blog analysis and insights on supply chain management technology Supply chain Matters blog supply chain wide information security threats Tripwire Inc

Your supply chain is costing you money – Reason #8: Keeping supply chain information in silos (and preventing your users from making the best decisions)

The 21st Century Supply Chain

Reason #8 Keeping supply chain information in silos (and preventing your users from making the best decisions). They do this by preventing them from getting (or making it very difficult to get) any more information than they absolutely need to do their specific job. Sometimes this information limitation actually prevents them from doing their job adequately. Traditional ERP systems limit access to information by making it very difficult to get the information you need.

Contrasting Information Technology Vendor Transitions to Cloud Based Computing Needs

Supply Chain Matters

Supply Chain Matters has continually provided our readers insights relative to the increased momentum and ongoing impact that Cloud based computing has had across multi-industry settings. Such impacts are not only quickly changing ongoing software and IT hardware deployment strategies for line-of-business and cross-functional supply chain management teams, but the financial fortunes of existing high-profile […].

Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning?

The 21st Century Supply Chain

More and more sensors are getting embedded in the “things” and leading to an explosion of information availability. Will IoT design enable us to get demand signals from the products and sensory information from the entire set of physical infrastructure for planning?

Triggering results with better supplier information

Directworks

In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. That post also detailed the fact that there are many potholes along the road to better supplier information.

Supplier information challenges in the automotive industry

Directworks

Manufacturers need better supplier information. But the lack of timely & accurate supplier information stood as a great impediment. information storage and sharing issues. reactive information gathering activities instead of proactive.

Understanding How Visibility and Real-time Information Can Save You Money

ModusLink Corporation

The post Understanding How Visibility and Real-time Information Can Save You Money appeared first on ModusLink Global Solutions. As the saying goes, “time is money.”

Too Much Information? Not a Problem for Dow AgroSciences – SupplyChainBrain & Kinaxis Video Series

The 21st Century Supply Chain

One of the company’s major concerns is dealing with the silos of information that exist within its complex supply chain. Watch now: Too Much Information? The post Too Much Information?

Alarms for Data and Information Security for Internet of Things Initiatives

Supply Chain Matters

Such challenges include sensitivity to data security and information privacy. Automotive Supply Chain Internet of Things Service-centered Supply Chains Supply Chain Technology 2015 predictions for industry supply chains Axway Software BMW supply chain challenges in data security and information privacy impacting Internet of Things Supply Chain Matters 2015 Predictions Supply chain Matters blog

Parcel Shipping Dynamics are Moving Far More Quickly- Stay Informed and Seek Added Intelligence

Supply Chain Matters

For the past 6 months, Supply Chain Matters has advised our readers that structural disruption is underway regarding online and B2B small parcel transportation and logistics, and supply chain and procurement teams, particularly those residing in retail or in small to medium sized businesses need to be prepared for the implications. Succinct signs of these […].

The changing role of IT organizations in supply chain management

The 21st Century Supply Chain

In the book, the author made several very interesting observations about how the role of a Chief Information Officer is changing in the age of cloud computing, personalization of tech, and the rise of shadow IT.

Getting Up to Speed on Business Analytics at INFORMS

AIMMS

This was my first INFORMS Business Analytics conference and I was not sure what to expect. The AIMMS team at INFORMS. AIMMS SVP Gertjan de Lange presenting at INFORMS 2015. analytics Conferences Edelman Award 2015 INFORMS Business analytics

[INFOGRAPHIC] 9 Progressive Information Technology Movements Moving Manufacturing into Industry 4.0

Cerasis

9 Progressive Information Technology Movements Moving Manufacturing into Industry 4.0. is the brainchild of the German government and describes the next phase in manufacturing, known as the post information revolution.

Can You Trust the Information Your Supply Chain System Tells You?

NC State SCRC

Can people really trust information produced from a system under high stress, high risk, supply chain disruption situations? Humans tend to rely on available information while completing complex tasks. But what happens when information is presented by human and automated sources? And what happens if those information sources conflict? You will also receive information from a local intelligence officer who will provide you with additional data about the area.

Supply Chain Matters Attendance at Oracle Open World 2015- Some Random Information Nuggets

Supply Chain Matters

Making my way home, I accumulated some random nuggets of information which I felt would be of some general interest or perhaps curiosity to our Supply Chain Matters readers. This author managed to once again navigate among the various spread-out venues and thousands of people attending this year’s Oracle Open World. So in no particular […]. Oracle #oow15 Oracle Open World 2015 blog commentary Supply chain Matters blog

The Power of Information in International Logistics

Logistics Viewpoints

Just how critical is a company’s ability to properly collect and correctly analyze information in an ever-expanding global logistics market?

Supply Chain Matters at Oracle Open World 2015- Reflection on the Importance of Accurate Information

Supply Chain Matters

Oracle Predictive Analytics Sales and Operations Planning Supply Chain Business Intelligence Supply Chain Execution Supply Chain Planning Supply Chain Technology Transportation and Logistics #oow15 importance of accurate information in supply chain management Independent supply chain industry analyst Bob Ferrari's Blog Oracle Open World 2015 blog commentary Oracle OTM Cloud Oracle Value Chain Planning software Supply chain Matters blog

Bob Ferrari’s Guest Posting- Supply Chain Transformation and the Importance of Information Strategy

Supply Chain Matters

I would urge transformation teams to seriously consider a fourth component, that being Information, including the velocity, context and clarity of information. As a broad based supply chain community, we often context and plan supply chain transformation initiatives under the three-pronged perspectives of People, Process and Technology enablers.

Triggering Results With Better Supplier Information

Directworks

In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. That post also detailed the fact that there are many potholes along the road to better supplier information.

More Information Comes to Light Regarding Speculation that Apple is Developing an Electric Car

Supply Chain Matters

More information has come to public light, information pointing to development of advanced battery component capabilities for larger applications. Supply Chain Matters provides a brief update to our previous commentary regarding Apple’s reported potential development of an electric powered car.

Your supply chain is costing you money – Reason #6 Not effectively managing inventory.

The 21st Century Supply Chain

You must be able to determine who needs to be involved, then share the appropriate scenarios and information with those people if you want to respond quickly (and confidently). This is not important information –and as a rule can be relegated to summarized reports.

The Importance of Real-time Information in Retail Supply Chain Management

The Network Effect

The post The Importance of Real-time Information in Retail Supply Chain Management appeared first on The Network Effect. by Sarah Miller, Business Writer, AF Logistics Online businesses understand that timing can mean everything in the world of supply. Retail Supply Chain Management customer service ecommerce real time retail supply chain

Trends & Predictions 2017: Information Technology

Enterra Insights

Information technology (IT) is a broad subject area; but, since we live in the information age, IT has a significant … Continued. The post Trends & Predictions 2017: Information Technology appeared first on Enterra Solutions.

Your supply chain is costing you money – Reason #2 Poorly executed or non-existent sales and operations planning

The 21st Century Supply Chain

If there were no process driving S&OP, then there is a very good chance that key information would not be presented (or presented poorly), key people would not be in attendance and that critical decisions would not be made. by John Westerveld.

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The Cloud offers distributors a silver lining for managing product information

Manufacturing & Logistics IT

By Colin Wells, Pimberly. Consumers have more choice and make greater demands than ever before. More products, more channels through which to buy them, more ways to take delivery. But as distributors, more choice means more complexity and more data to manage

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Supply Chain Matters Impressions of the OpenText Enterprise World 2016 Conference

Supply Chain Matters

B2B Supply Chain Business Network SAP Supply Chain Performance Supply Chain Technology Transportation and Logistics alternatives to IBM Watson independent supply chain and B2B industry analyst Bob Ferrari's blog OpenText Analytics OpenText Corporation OpenText Enterprise Information Network OpenText Project Magellan OpenText technology support for B2B networks SAP Ariba technology components Supply chain Matters blog

More Powerful and Widespread Cyberattack Incidents- The Wake-Up for Internet of Things Deployment Initiatives

Supply Chain Matters

Annual Predictions for Industry and Global Supply Chain Management Internet of Things Supply Chain Technology information security threats related to Internet of Things deployments Supply chain Matters blog supply chain wide information security threatsLate last week, a series of waves of online attacks on Domain Name Server (DNS) provider Dyn Inc.

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

The 21st Century Supply Chain

Reason #8 Keeping supply chain information in silos. by John Westerveld. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money.

Early ‘Internet of Things’ Pilots Proved Supply Chain Benefits of RFID Pallets

Supply Chain Network

Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through ‘Internet of Things’ implementations.