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Big data and its applications in supply chain
1. Big Data and its
Applications in
Supply Chain
Management
Zibin Guan,
Venkata Malapati,
Darpan Shah,
Maggie Zhang
2. Reasons for SCM Domain
At the beginning:
You may not like Supply Chain at all.
You may have terabytes Data but with
no Science and even no Sense at all.
So, there are some opportunities of using
Data Science and Big Data to improve Supply
Chain just like how they improve people’s
lives.
4. Real Issue In SCM
Retailers 'Stress from Amazon
Fears of going out of business (Toys’ R Us and Sears)
Fight with Amazon.
Achiever: Global giant retailer – Walmart
President and CEO Doug McMillon said:
“Our Omni-channel initiatives are contributing to comp sales
growth and providing customers with new levels of shopping
convenience, to help deliver a more compelling store
experience, we continue to bring digital capabilities to our stores
to deliver a seamless experience for customers, however they
choose to shop.”
5. Walmart’s Big Data in SCM
Walmart Grocery
Promise of the same low prices
Pick up at any preferred store
Special parking space with Orange sign
Promotion codes
7. What Retailers want
How much cost Big Data can enable the
business to save when inventories flow from
all over the world to consumers’ hands
How the inventory flow channel can be
optimized for the business to have cost
advantages.
12. Existing Solution
EDI
UPS’ ORION
1) Data Transfer - Velocity
2) Data Security - Veracity
3) Data Integration – Variety
4) Data Storage - Volume
14. Solutions
Use Micro Servers and Micro Services
concepts to solve data storage issues.
Use necessary skills to ensure Cloud Security.
Implement GPS calculating Algorithm to
calculate the cost and provide the APIs in
order to deploy the application to different
corporations.
Big Data Visualization of SC Pipeline
Interfaces