31 Mar '16, 9pm

Betting Big on Data in the Supply Chain

Betting Big on Data in the Supply Chain

Connected devices in the supply chain collect vast amounts of data, but many organizations aren't using it to their full advantage. It wasn't so long ago that companies were in the dark about the effectiveness of their supply chains. For many organizations, it was status quo to receive a monthly or even yearly update report. The utility of these reports was severely limited, as they recapped historical information with little or no prescriptive analysis. And far too often, it would be much too late to act upon any resulting insights. That method of reporting doesn't fly anymore, and it shouldn't, thanks to the real-time visibility that's now at our fingertips. Connected devices used in the supply chain that take advantage of technology including sensors, GPS, and AutoID are collecting vast amounts of data, but unless you're regularly being sent that data, filtering it, ana...

Full article: http://www.ebnonline.com/author.asp?section_id=3761&doc_i...

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