MHI Solutions

Technology

Big Data and Automating Processes with Suppliers

In these days of rapidly advancing technology, Big Data can be seen one of two ways: as a vehicle for simplification or the speed bump that makes things more complex.

The difference? In terms of the supply chain, the experts say it’s understanding big data’s new business case, using it to automate processes and discover end-to-end supply chain visibility and flexibility, and to expand an organization’s ecosystem well beyond its four walls.

“Data only becomes useful once it’s analyzed,” said Stephen F. DeAngelis, president and CEO, Enterra Solutions. “Traditional analytics are descriptive and comparative in nature and usually live in the form of reports. While valuable, these reports still require interpretation and discussion, which creates business latency in the system.”

Customers today want to use data in fresh new ways. The right information at the right time, after all, enables deep operational intelligence, and in the midst of volatility, powers automation that brings stability, speed and efficiency.

By Fiona Soltes

Click here to read the full article.


This issue of MHI Solutions focuses on the adoption of these and other digital solutions from best practices in robotics and artificial intelligence to getting your supply chain data house in order to measuring and tracking your Supply Chain Digital Consciousness Index or DCI. While implementing digital innovations into supply chains is complex, inaction is not a strategy. In fact, as the pace of supply chain innovation escalates, so does the price of inaction. In this new digital era, leaders will outpace their competitors faster than ever before

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