The breadth and depth of data generated by the supply chain today are accelerating rapidly, providing industries with metrics that allow them to make smarter decisions. While Big Data application has been a long journey, the improvements take a vast amount of new data and process and derive impactful insights quickly.
Just like Excel dramatically changed the way supply chain monitoring and reporting was executed, Big Data platforms are allowing professionals to focus on bigger-picture items instead of monotonous tasks. Supply chain management — as it always has existed — has only risen in profile and importance with the rise of Big Data. As the world’s connectivity increases, companies in retail, manufacturing and logistics alike need managers who will quickly adapt to new technologies.