[ArXiv] BigDataFr recommends: A Proposed Architecture for Big Data Driven Supply Chain Analytics

architectureBigDataFr recommends: A Proposed Architecture for Big Data Driven Supply Chain Analytics

[…] Advancement in information and communication technology (ICT) has given rise to explosion of data in every field of operations. Working with the enormous volume of data (or Big Data, as it is popularly known as) for extraction of useful information to support decision making is one of the sources of competitive advantage for organizations today. Enterprises are leveraging the power of analytics in formulating business strategy in every facet of their operations to mitigate business risk. Volatile global market scenario has compelled the organizations to redefine their supply chain management (SCM). In this paper, we have delineated the relevance of Big Data and its importance in managing end to end supply chains for achieving business excellence. A Big Data-centric architecture for SCM has been proposed that exploits the current state of the art technology of data management, analytics and visualization.  […]

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By Sanjib Biswas, Jaydip Sen
Source: arxiv.org

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