Executive Briefings

Big Data Analytics Energizes Supply Chain Management

Big data is providing supplier networks with greater data accuracy, clarity and insights, leading to more contextual intelligence shared across supply chains.

Forward-thinking manufacturers are orchestrating 80 percent or more of their supplier network activity outside their four walls, using big data and cloud-based technologies to get beyond the constraints of legacy enterprise resource planning (ERP) and supply chain management (SCM) systems. For manufacturers whose business models are based on rapid product lifecycles and speed, legacy ERP systems are a bottleneck. Designed for delivering order, shipment and transactional data, these systems aren’t capable of scaling to meet the challenges supply chains face today.

Choosing to compete on accuracy, speed and quality forces supplier networks to get to a level of contextual intelligence not possible with legacy ERP and SCM systems. Many companies today haven't yet adopted big data into their supply chain operations, but they need to get moving on that journey.

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Forward-thinking manufacturers are orchestrating 80 percent or more of their supplier network activity outside their four walls, using big data and cloud-based technologies to get beyond the constraints of legacy enterprise resource planning (ERP) and supply chain management (SCM) systems. For manufacturers whose business models are based on rapid product lifecycles and speed, legacy ERP systems are a bottleneck. Designed for delivering order, shipment and transactional data, these systems aren’t capable of scaling to meet the challenges supply chains face today.

Choosing to compete on accuracy, speed and quality forces supplier networks to get to a level of contextual intelligence not possible with legacy ERP and SCM systems. Many companies today haven't yet adopted big data into their supply chain operations, but they need to get moving on that journey.

Read Full Article