• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Clarity, Complex Event Processing Combine to Create High-Definition Supply Chain Solution

Clarity, Complex Event Processing Combine to Create High-Definition Supply Chain Solution

March 24, 2014
SupplyChainBrain

Greater visibility is a persistent need by supply chain professionals. Visibility systems should addresses the “now”—not planning or transaction systems. To understand events, we need attributes about the event: Exactly where is it occurring? How fast is it occurring? Why is it occurring?  What are the conditions of people and assets in that situation?  Most of the so-called visibility systems today rely on a messaging-only  foundation.  But in order to answer the above we need a multidimensional picture of events.

First, we need a better definition of the visibility system.

A system that provides a current picture of events as they occur. The data is continuously refreshed so the user gets the most current multidimensional picture of what is occurring. Further, the system should have methods to understand the cause of events and the ability to impact future outcomes.

So what’s required? 

• Visual—a geo-spatial context for processes in motion.

• Informed— continuous streams of information about:

• What - sensor data about assets and their condition

• Where - location data on where events are actually occurring

• Why - conditions such as environment, geological and other data such as weather traffic, crowds, public events, etc.

• How - specific relevant business data such as order, shipment, demand.

- Multiparty—Enterprise-centric solutions have data movement through multiple translations and multiple fire walls, introducing latency and errors in the process.  Multiparty platforms can provide business communications (documents and messaging), social analytics and other information-as-a-service offerings on a shared platform with trading networks. 

- Relevant—Rules Engine—Alerts and events need deeper analysis and more nuanced rules engines that sit on top of data streams to capture relevant occurrences and prioritize activities for specific use cases.

- Insightful—CEP or Complex Event Processing—answering ‘why’ often means analyzing a series of events. CEP is an important addition to supply chain solutions, allowing analysis of multiple compounding events to understand causals and build responsive intelligence—actionable data for decision making that can positively impact future events.

- Responsive—Predictive analytics allows us to seize upside opportunities or mitigate risks in the future

Addressing the need to reduce inaccurate data at the end points or data sources should be automated. Out with manual processes and spreadsheets and in with scanning, sensing and location-based data! With this capability we can gain immediate insights, reduce blind sides and respond.

There is a growing set of offerings in different functional areas from supply management, transportation,  home delivery services , demand, service management to name a few.

                                                     The Outlook

Geo-spatial, location and sensor data are becoming available through information-as-a-service offerings. CEP systems are evolving so the average user—not data scientists—can evaluate complex events. Visibility systems are rapidly evolving to exploit these capabilities on a single platform with access through their mobile devices.  In the perpetual chase to stay ahead of business events supply chain execs will continue to acquire visibility/CEP as a major part of their supply chain portfolio.

RELATED CONTENT

RELATED VIDEOS

Technology Supply Chain Visibility Retail
KEYWORDS Ann Grackin CEO ChainLink Research data information systems Retail supply chain IT Supply Chain Management Supply Chain Management: Supply Chain Visibility supply chain solutions Supply Chain Visibility Technology
  • Related Articles

    Response to Supply Chain 'Pull' Depends on Clarity Of Demand Signal

    Supply Chain Disruptions and Risk Still Looming: How to Create a More Resilient Supply Chain

    How to Create an Integrated Approach for Supply Chain Management

  • Related Events

    How to Plan More Effectively Across Your Supply Chain

SupplyChainBrain

100 Great Supply Chain Partners Issue 2009

More from this author

Wake up to Coronavirus Updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • Coronavirus-watch-Armada

    Virus Update: Pfizer Plant Cited for Quality Issues; Vaccine Maker Warns of Raw Materials Shortage

    Coronavirus
  • China

    China’s Tech Revolution Aims to Cut Dependence on West

    Technology
  • Walmart

    Walmart Embraces a Local Fulfillment Model for Grocery

    Logistics
  • Shipping Logjam

    U.S. Retailers See Millions in Sales Delays Amid Shipping Logjam

    Coronavirus
  • How Can E-Commerce Retailers Compete?

    Smaller E-Tailers Weigh Pros and Cons of Fulfillment by Amazon

    Logistics

Digital Edition

Scb feb 2021 lg

2021 Supply Chain Management Resource Guide

VIEW THE LATEST ISSUE

Case Studies

  • Remote Implementation: A Dose of the Right Medicine for B2B Pharmacy

  • LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

  • Auto Supplier Wows Key Client Using riskmethods Supply Chain Savvy

  • Integrating Shipping and Compliance Saves Conglomerate Millions

  • How a Consumer Goods Giant Upped Its On-Time Delivery Performance

Visit Our Sponsors

6 River Systems ArcBest Armada
aThingz BluJay Burris Logistics
DSC Logistics DCSA (Digital Container Shipping Association) DHL Resilience360
Genpact Geodis GEP
GreyOrange Honeywell Intelligrated Infor
Inmar Kibo Commerce Logility
Magnitude Software MPO Old Dominion
Oliver Wight OpenSky Paccurate
Ports America Purolator QAD Precision
Red Classic Riskmethods Snapfulfil
TGW Systems Tradepoint Atlantic Transportation Insights
Watson Land Company Westfalia Technologies Workjam
Yang Ming    
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright ©2021 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing