Big Data in Supply Chains: Hot topic or Hype?

As we learned in the last few weeks, an effectively managed supply chain is one of the keys to success for a company. A particular technology to optimize Supply Chains got incredibly popular in the last few years: Big Data.
This term basically refers to the huge possibilities new analytical tools offer to interpret the enormous amounts of data existing in every supply chain, and optimize demand forecasting and the supply chain itself.
This Business of Big Data in Supply chains is without any doubt a growing market, but how much potential is still in this technology?
Is it worthwhile for students like us to actually focus on this for a later career?

This report by Accenture explains the impact that Big Data is having on Supply chains and depicts the level of Development of the market in 2014:
https://www.accenture.com/us-en/insight-global-operations-megatrends-big-data-analytics.aspx

By: Nicolas Eberhardt

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