How Companies Can Leverage Big Data and Predictive Analytics to Optimize the Supply Chain

It takes a lot of data to make a good decision. And for decision making within the supply chain, big data can provide insights for companies and enable them to make better decisions. Big data is defined as extremely large datasets, structured and unstructured, that reveal patterns, trends and correlations. It can provide valuable insights…

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Tapping into Big Data to Enable Actionable Supply Chain Visibility and Predictive Analytics

Supply chain disruptions are inevitable. Unpredictable consumer behavior, traffic patterns, port behavior, severe weather, natural disasters and labor unrest are all examples of external events that can cause supply chain disruptions that lead to increased costs and customer service challenges. Traditional supply chain visibility solutions, reliant on latent EDI-based status updates, alert users to disruptions…

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