Big Data Analytics for Supply Chain Management
The advancement and support of various technology in developing and optimising Supply Chain will involve capturing very many data along the supply chain. The very many data called the big data must have to go through a data analytics process to help optimisation of a firms supply-side business activities. These activities include new product development, production, and product distribution, to maximise revenue, profits, and customer value. Firms that can aggregate, filter, and analyse internal data, as well as external consumer and market data, can use the insights generated to optimise decision-making at all levels of the supply chain.