VELOCITY     Accelerating Your Supply Chain Success
The leader in global supply chain solutions

Harnessing Information

View comments: newest first | oldest first | threaded
User Rank
Big data needs big management
Cryptoman   1/10/2013 10:18:15 PM

As the capability of gathering and mining for data increases, the management of such information also becomes more challenging and complex. This is where the real trouble is. The question is how can one manage a huge amount of collected information in as simple and as effective way as possible so that this large pool of data will provide the maximum benefit to the final recipient. Besides the management of available information, another challenge is managing the information collection system itself. Each additional information means and additional hardware and software module (such as a new sensor and a control software that collects and stores data from that sensor). All these additional components will also require maintenance and management that need to be considered as part of the overall system.

User Rank
Supply Network Guru
FLYINGSCOT   1/8/2013 12:17:55 PM

I agree there is a lot of potential to improve the supply chain akin to what is happening in the medical world.  Occasionally one comes across a supplier that seems to be in tune with your needs and provides a wonderful service.  It is truly delightful when this happens.  I wish it were the case more often.

User Rank
Supply Network Guru
Equal information
_hm   1/7/2013 7:53:06 PM

Many time, two or more organizations have availability of almost same infromation, But they perform quite differently. Also, sometimes, organization with less information is more successful. This happens to students too. It is not always information, but quest for success and digesting common information is more important. 

Barbara Jorgensen
User Rank
Harnessing information
Barbara Jorgensen   1/7/2013 3:59:33 PM

Every time I read more about Big Data, I get back to the same issue: simplicity. As you point out, the supply chain is already complex. Data helps, but culling through that data is the sticking point. Distribution is well positioned to pull that data that is meaningful to customers w/o all the accompanying noise. Every custoemr is different, so the data will be different. Customizing it is the sweet spot

Although costs are rising in the supply chain, smart logistics professionals can fight the trend with good practices.
It is more critical than ever that today's shipping customers make a concerted effort to be good customers.
With any new venture, organizations must do their due diligence before committing to set up shop in emerging markets.
Failing to plan may represent the greatest risk of all to the global supply chain.
In North America, the electronics supply chain relies heavily on ground shipping. Avnet's Gerry Fay interviews Dave Kevern, vice president, World-Wide Services at Federal Express to get insights.
Twitter Feed
EBN Online Twitter Feed