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The Headache of Managing Supply Chain Data

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WaqasAltaf
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Re: Answers 2/2
WaqasAltaf   1/26/2013 3:43:42 AM
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@ Jennifer

"Hopefully in a couple year, some analytics will be laid on top of this data and help separate info into categories like "interesting" and "useful""

Hopefully yes. I think the source of data has a lot to do with the management issues it creates. The data gathered from unstructured sources such as feedback from social networks, customer feedbacks through unsolicited methods, etc. is a lot difficult to organize and use it further. Data extracted from a solicited customer survery, production reports generated from MISs, research conducted by agencies on the company's request, etc.  may generate data which is usable for analysis purposes.

WaqasAltaf
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Supply Network Guru
Re: Answer 1/2
WaqasAltaf   1/26/2013 3:31:26 AM
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@ Jennifer

This was both surprising and disheartening

I believe we must understand that every company has its confidentiality. If a supply chain partner is serving 100 other clients at the same time it is serving you, it will be almost impossible for it to attend to your requests for integrating systems. If that supply chain partner's major business resides with your company, only then we can expect it to honour such requests of yours.

Jennifer Baljko
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Re: The Headache of Managing Supply Chain Data
Jennifer Baljko   1/21/2013 12:50:05 PM
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SP, Hospice - Agreed. I think we're at the beginning of a long journey... And maybe some of the cloud storage solutions will eventually help lower the price.

Jennifer Baljko
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Re: The Suppliers Responsibility
Jennifer Baljko   1/21/2013 12:48:18 PM
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WaqasAltaf- what software companies are offering the data visualization techniques?  I'd like to take a look at how it works. 

Jennifer Baljko
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Re: Answers 2/2
Jennifer Baljko   1/21/2013 12:46:38 PM
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WaqasAltaf - I think you're last sentence is true on so many levels, for so many people. "Too much data is there to manage. A lot of time is wasted on data management rather than doing a productive activity to utilize that data."

 It's becoming an incredibly huge task to sort through all the data that hits us every day and do something useful with it. Hopefully in a couple year, some analytics will be laid on top of this data and help separate info into categories like  "interesting" and "useful"

 

Jennifer Baljko
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Re: Answer 1/2
Jennifer Baljko   1/21/2013 12:42:22 PM
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WaqasAltaf - Thanks for the answers. This was both surprising and disheartening -  "Many supply chain partners will only provide information on request and refuse to integrate their system with the concerned company."

 

Jennifer Baljko
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Re: The Suppliers Responsibility
Jennifer Baljko   1/21/2013 12:40:21 PM
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@Greg - This is a good point: " I think as a supplier we need to do more than provide visibility and information to our customers. We need to help them understand the information."

How is your company doing this? What kind of information are you sharing with customers for real-time visibilty?

Hospice_Houngbo
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Re: The Headache of Managing Supply Chain Data
Hospice_Houngbo   1/21/2013 11:49:40 AM
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@SP,

"There are solutions available but then its costly and you would need back up of that too :-)"

The solutions will get better and affordable with time. We are at the dawn of big data and we are yet to understand how to process and manage it. That will not be solved overnight.

SP
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Supply Network Guru
The Headache of Managing Supply Chain Data
SP   1/20/2013 6:22:03 AM
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So true handling big data is one issue that is very important and required to be addressed. I attended a conferene organized by MIT tech review India and many companies participated. It was amazing to see how different sectors IT, Medical, automaotive, industrial face this big data problem. There are solutions available but then its costly and you would need back up of that too :-)

WaqasAltaf
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Supply Network Guru
Re: The Suppliers Responsibility
WaqasAltaf   1/19/2013 12:28:30 AM
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@ Greg

True.

To add on to your point, data visualization techniques are helping out users to understand the information more easily. For executives' usage, the information today is becoming both updated and readily available and also it is in a form that is easy to interpret esp. due to these visualization techniques.

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