Big Data Analytics for Supply Chain Management

Abstract

All our daily digital actions generate data at an alarming velocity, volume and variety. To extract meaningful value from big data, we need optimal processing power, analytics capabilities and skills. Nowadays, big data solutions are widely applied in different types of organizations. Such solutions bring multiple benefits in managing supply chains. The aim of this paper is to give an overview of big data analytic techniques used in supply chain management based on the latest version of the SCOR model.