DIGITIZATION OF SUPPLY CHAIN AND INTEGRATION OF BIG DATA
DIGITIZATION OF SUPPLY CHAIN AND INTEGRATION OF BIG DATA
The basic objective of Digitization of Supply Chain is
to increase rapid response and make things transparent. This is done through
integration of all the core business functions into one system through
efficient use of new technologies. Use of data analytics and creating an
environment which is paperless for example use of ERP system like SAP. After
successful digitization Big Data analytics is performed. Through big data companies
have all the access to information like trends, past data or historical records
and even forecast future trends. Using big data supply chain has been explored
in a new way. After successful implementation of big data companies are moving
towards automation through artificial intelligence. Artificial intelligence is
being used to perform supply chain calculations and operational activities.
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