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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

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Business process reengineering (BPR) examples

IBM Big Data Hub

The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization. An early case study of BPR was Ford Motor Company, which successfully implemented reengineering efforts in the 1990s to streamline its manufacturing processes and improve competitiveness.

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MRO spare parts optimization

IBM Big Data Hub

1 Another study revealed: The swinging pendulum The MRO spare parts inventory varies depending on the industry and equipment, ranging from specific items to encompassing more basic supplies. However, recent disruptions in the global supply chain, due to the pandemic and geo-specific issues, have caught many off guard.

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Consumer Technology & Durables (CTD) in the COVID-19 Era

bridgei2i

On the supply side, factories moved to China and Taiwan, due to the availability of cheap raw materials, inexpensive labour and lower duties. As a result of the impact of COVID-19, we see a few major themes emerging in CTD, which are changing the way businesses have handled their sales, operations and supply chains.

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Unlocking value: Top digital transformation trends

IBM Big Data Hub

A recent study found that McKinsey research shows that organizations that “launched some flavor of digital transformation,” have only experienced a third of the expected revenue benefits on average. For example, applied ML will help organizations that depend on the supply chain engage in better decision making, in real time.

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How the Sports and Entertainment Industry Is Reinventing the Fan Experience and Enhancing Revenues with Computer Vision

CIO Business Intelligence

Venues and stadiums are fed by a multitude of companies that make up the sales and supply chains in support of you having a great time, at least for a few hours. Queue management also benefits from computer vision, where potential queue or wait times at concession stands are alleviated through fan notifications and dynamic staffing.

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Digital Commerce in the New Normal: An Overview

bridgei2i

With the unpredictability in the supply and distribution channels, several manufacturers took to D2C or Direct-to-Consumer platforms. Digital innovations are changing consumer demand and competitive dynamics in the consumer marketplace, drastically influencing consumer purchasing behavior and decisions. Read this case study.

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