It’s tempting to listen to the hype about ‘Big Data’ and write it off as just another in a long line of ‘Next Big Things’ that’ll soon fizzle out. To do that, though, would be a major mistake. There’s nothing going on in technology that has more potential to transform not only your work, but also your personal life, as Big Data.
Retail drives a big portion of the EDI traffic along the supply chain. Whether it’s online retail or brick and mortar retail, the issues are the same. But let’s face it… sometimes it’s just easier to find the product you’re looking for by using a search engine online rather than wandering aimlessly through the aisles of a big box store. Increasingly, retailers are supplementing the in-store experience with apps on shoppers’ mobile devices.
Recently, Mike Martz introduced us to the Internet of Things (IoT). This is what happens when you combine cloud technology, wireless networks, standardized communications protocols, RFID, worldwide IP networks, Big Data, miniaturized sensors, and cheap storage and computing power. Let's drill down on SENSORS!
How many distinct systems make up the supply chain? OK, that’s probably an unfair question, so let’s just talk about the number of systems or software applications that make up the supply chain within a single company. The answer is likely to be more than 1 and could easily be as many as 20. If that’s the case how is it possible to actually achieve what we’ve been calling Visibility?
The end of the supply chain (retail) is probably the only place that makes any sense for any kind of social media activity. At least that's the common belief. What would a supplier, manufacturer, 3PL, or any other part of the supply chain hope to gain from a Facebook page, a Twitter stream, or even a Google+ account?