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Home » Technology » Big Data Analytics Energizes Supply Chain Management

Big Data Analytics Energizes Supply Chain Management

July 17, 2015
Forbes

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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    Technology Cloud & On-Demand Systems Consumer Packaged Goods Industrial Manufacturing
    KEYWORDS business intelligence cloud services Cloud, SaaS & On-Demand Systems connected enterprise consumer packaged goods Forbes Industrial Manufacturing RFID & Barcode supply chain IT supply chain management: business intelligence and analytics Technology wireless connectivity
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