Man in front of a screen of data

12 Big Data opportunities for supply chain innovation

29th January 2020

Harnessing the power of Big Data is vital for supply chain management. But what are the concrete opportunities that Big Data presents?

What does Big Data mean for supply chain management?

Information is the driver of corporate decision making on strategic, tactical, and operational levels. Companies in the supply chain must have access to up-to-date, accurate, and meaningful information. That’s why harnessing the power of Big Data is vital for supply chain management. But what are the concrete opportunities that Big Data presents?

Researchers at the University of Kassel in Germany spoke to 20 experts from a leading global company in the management consulting industry who identified the opportunities and challenges that Big Data analytics presents for supply chains.

Here are the top 12 opportunities that they found.