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Data Analytics Will Power a Transformation of Supply Chains in the Post-Pandemic Environment

Dataversity

COVID-19 exerted a disruptive impact on virtually every aspect of business across every sector — and supply chains were no exception. The post Data Analytics Will Power a Transformation of Supply Chains in the Post-Pandemic Environment appeared first on DATAVERSITY.

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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

Data Pine

The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. Did you know?

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Companies Need to Create Data-Centric Procurement Processes

Smart Data Collective

Data is one of the most important assets for modern organizations. Companies are using big data in countless aspects of their business models, including the procurement processes. billion on supply chain data analytics in 2026. By 2027, organizations are expected to spend around $103 billion on big data.

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Enabling Agility with Real-Time Data

Actian

Historical reports and batch data from last night or last week don’t provide leaders with the information and actionable insights they need to lead the company effectively – they need real-time data (and plenty of it!). Agility requires real-time data. What it means to be agile.

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Use real-time data to achieve better business optimization. Here’s how.

Actian

With increasing competition in the marketplace and shrinking profit margins in many industries, companies are increasing looking for ways to achieve higher levels of business process optimization throughout their supply chain. Real-time data leads to faster and more accurate optimization efforts. Lessons from LEAN.

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IT Hardware Startups Turn to Data Analytics for Market Research

Smart Data Collective

This real-time data has the potential to influence product development, marketing strategies, and even price. Transparency in your supply chain and ethical business practices may connect with customers and provide you with a competitive advantage. Accept constructive criticism and use it to help you develop.

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ERP Integration Benefits Data-Savvy eCommerce for Distribution Industry

Smart Data Collective

In this way, the business can better control its stock and prepare the supply chain so that they can cope with peaks in demand without leaving empty shelves at less opportune times. They have detailed data on the products they carry as well, which makes it easier for them to maintain fluid supply chain strategies.