Remove Big Data Remove Inventory Remove Sourcing
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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.

Big Data 120
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Big data and supply chain optimization: Illusion vs. reality

DELMIA Quintiq

Suddenly, discussions seem to treat big data as a driver for incredible innovation. Assuming that big data was superior to “just any data” came from evidence in the B2C market, but this did not stop bold predictions about how it could also transform supply chain operation.

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Big Data, Analytics, and Industry 4.0

Enterra Insights

He writes, “To gain resilience, agility, and faster more accurate decision-making capabilities with the aim of futureproofing operations, supply chain and manufacturing organizations must implement technologies to link silos in which data and processes sit.” They include: Inventory Optimization.

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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.

Big Data 282
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The Next Great Disruption Coming to Supply Chains

Kinaxis

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Philip Evans shares how today’s consumer is sharing a colossal amount of data to come to a buying decision.

Modeling 263
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Expert Explains How to Improve Supply Chain Efficiency

Supply Chain Opz

By reducing lead times due to shorter delivery routes, inventory and waste in the system can be reduced without sacrificing service levels. Data analytics or “Big Data” also bears huge potential for increasing supply chain efficiencies. With the omnipresence of data, this path is now open to other industries as well.

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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?