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Enhance the Supply Chain Management by Big Data Analysis

Big data Analytic can give real time analysis of huge, complex and continuously increasing dataset. It can be applied to many Business operations .But companies do not use this potential of big data analytics to supply chain management. Company can control the inventory and other supply chain operations more efficiently with help of analytic .for instance, companies can use unstructured data set in the inventory, forecasting and transportation for analysis and new insights can be delivered, like forecasting next date for restocking in supply chain planning. For the last 2 years big data had been used in the supply chain management but there is still a long way to go.

To know more read article by Bernard Marr : http://www.forbes.com/sites/bernardmarr/2016/04/22/how-big-data-and-analytics-are-transforming-supply-chain-management

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