Supply Chain of Information
Supply Chain essentially is considered to be the flow of goods and services across the manufacturing / retail value chain in order to deliver the desired goods/service to the end-customer. With the proliferation of information technology, supply chain in addition to the above mentioned components is essentially the flow of information between the different entities – Suppliers, OEMs, Manufacturers, Distributors and Retailers.
Interestingly these entities have varied touch points outside enterprise boundaries – web (social, videos, blogs etc..) handheld devices (EOBRs), RFIDs etc that makes it a challenge to control the bullwhip effect. This necessitates for a strategy to handle unstructured data (Big Data).
What the Research Says?
Organizations have realized this importance and are focusing on Big Data initiatives, but according to a research by Supply Chain Insights LLC – deriving intelligence from sources outside enterprise boundaries still remains to be a challenge.
Supply Chain essentially is considered to be the flow of goods and services across the manufacturing / retail value chain in order to deliver the desired goods/service to the end-customer. With the proliferation of information technology, supply chain in addition to the above mentioned components is essentially the flow of information between the different entities – Suppliers, OEMs, Manufacturers, Distributors and Retailers.
Interestingly these entities have varied touch points outside enterprise boundaries – web (social, videos, blogs etc..) handheld devices (EOBRs), RFIDs etc that makes it a challenge to control the bullwhip effect. This necessitates for a strategy to handle unstructured data (Big Data).
What the Research Says?
Organizations have realized this importance and are focusing on Big Data initiatives, but according to a research by Supply Chain Insights LLC – deriving intelligence from sources outside enterprise boundaries still remains to be a challenge.
