Big Data And Planning: 2012 In The Rearview Mirror
It wouldn’t be year's end without both a look back and look forward. Here is the first of two articles that do just that and are worth your time. As with all things Supply Chain related, only time will tell whether and how fast these come to fruition. - Greg Chabon
1. Improved customer service over cost-cutting
2. Execution moves ahead of demand and supply planning
3. Resurgence of contingency planning
4. End-to-end partner communications and collaborative execution
5. Big Data is becoming mandatory
On point #5 (Big Data), Riley explains why systems able to analyze these massive data pools are so important and will likely continue to grow in 2013: “Leveraging these tools with supply chain visibility solutions will quickly become a ‘must have’ rather than a ‘nice to have’ as companies utilizing these tools set the bar for the new normal in supply chain performance,” he wrote.