Big Data Market with Focus on Supply Chain Management Big Data Market with Focus on Supply Chain Managem | Page 3
Selected Type and Application Analysis done in the full Report:
The capture, storage, and analysis of big data is implemented on a limited scale by supply chain
companies for different purposes. Most of the supply chain companies use more than two systems for
management purposes. Few companies have instances of Enterprise Resource Planning (ERP)
software installed for various parts of the supply chain. The systems are used for demand planning,
order management, price management, production planning, and manufacture execution systems and
this is the main reason for usage of Big data in companies.
The modern technological platforms such as SaaS products and middleware will allow companies to
use real time data. The point of sale devices will scan the product barcode into the files for uploading.
This will enable the companies to respond to the events in real time. Small businesses with these
systems can integrate the ordering to manage inventory and save money.
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