The UK Government’s Department for Business, Energy and Industrial Strategy reported that in 2016, there were 5.5 million businesses in the UK and over 99% of businesses were small or medium sized businesses – employing 0-249 people.
For many of these businesses, no matter what industry they’re involved in, their organisations will inevitably have a supply chain to manage. With enormous amounts of data generated within and outside of every organisation, supply chain management can be a challenging task. However, by adopting the technology solutions offered by big data analytics, these businesses could transform the way they approach supply chain management, and gain a competitive advantage in their industry in both local and global markets.
Author: Jayant Prabhu