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Essential Technology Capabilities for Supply Chain in 2023

Logistics Viewpoints

However, many issues limited the potential of supply chain and procurement practices to source effectively: Lack of visibility to key data such as supplier risk and performance, forward pricing, market index impacts, demand fluctuations, available supply, and supply constraints in the market. 2] ibid.

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6 Ways Big Data is enhancing the global supply chain

The Logistics Academy

As global supply chains become more complex and customers more demanding, the race is on to develop software applications that can effectively manage and make sense of the zettabytes of data being generated by our digital world. Of course, capturing the data and then using it to make good decisions are two entirely different things.