Articles

The Rise of Big Data Analytics in Supply Chain Management

Big data analysis plays an essential role in the supply chain management sector. As the present day technology advances steadily, so does the supply chain activities. However, the incorporation of big data analytics in the field of supply chain management is very recent a phenomenon.

Here are some of the major reasons why big data analytics is so crucial for the advancement in the supply chain management sector: • Big data analytics has been predicted to be reshaping the shipping industry by improving the processes related to manufacturing, distribution and delivery. This will help firms to develop efficiency and retain clients. • One-third of organizations face product tracking issues just due to environmental conditions. Big data analytics can help supply chain firms to improve their troubleshooting skills and enhance response rate by 40 percent.

Source: supply-chain.cioreview.com
Author:

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s