big data is larger, more complex data sets, especially from new data sources. These data sets are so voluminous that traditional data processing software just can’t manage them. But these massive volumes of data can be used to address business problems you wouldn’t have been able to tackle before.
supply chain industry need this type of data to survive in every situations.
Big Data & Analytics to Improve Supply Chain and Business PerformanceBristlecone SCC
Prof. David Simchi Levi, Engineering Systems Professor at MIT and Chairman of OPS Rules spoke at Bristlecone Pulse 2017 about delivering customer value through digitization, analytics and automation.
Digital Supply Chain Management - Supply Chain 4.0 - Supply Chain Management ...Danar Mustafa
Digital Supply Chain Management - Supply Chain 4.0 - Supply Chain Management in Industry 4.0
How to increase operational efficiency leveraging digital technologies in Supply Chain Management
https://digitalstrategy-ai.com/
Big Data & Analytics to Improve Supply Chain and Business PerformanceBristlecone SCC
Prof. David Simchi Levi, Engineering Systems Professor at MIT and Chairman of OPS Rules spoke at Bristlecone Pulse 2017 about delivering customer value through digitization, analytics and automation.
Digital Supply Chain Management - Supply Chain 4.0 - Supply Chain Management ...Danar Mustafa
Digital Supply Chain Management - Supply Chain 4.0 - Supply Chain Management in Industry 4.0
How to increase operational efficiency leveraging digital technologies in Supply Chain Management
https://digitalstrategy-ai.com/
Update on the progress of supply chain leaders on progress on the Supply Chain Effective Frontier (balancing growth, profitability, cycles and complexity). Philippe Lambotte, SVP of Merck, recommends a seat at the table, focus on supply chain strategy, eliminate the white noise, and stay the course.
Supply Chain Management, Sourcing Pricing and Procurement Process ,
Presentations By Rajendran Ananda Krishnan, https://www.facebook.com/ialwaysthinkprettythings
Update on the progress of supply chain leaders on progress on the Supply Chain Effective Frontier (balancing growth, profitability, cycles and complexity). Philippe Lambotte, SVP of Merck, recommends a seat at the table, focus on supply chain strategy, eliminate the white noise, and stay the course.
Supply Chain Management, Sourcing Pricing and Procurement Process ,
Presentations By Rajendran Ananda Krishnan, https://www.facebook.com/ialwaysthinkprettythings
The need, applications, challenges, new trends and
a consulting perspective
(Why is Big Data a strategic need for optimization of organizational processes especially in the business domains and what is the consultant’s role?)
With every transaction and activity, organizations churn out data. This process happens even in the case of idle operation. Hence, data needs to be effectively analyzed to manage all processes better. Data can be used to make sense of the current situation and predict outcomes. It also can be used to optimize business processes and operations. This is easier said than done as data is being produced at an unprecedented rate, huge volumes and a high degree of variety. For the outcome of the data analysis to be relevant, all the data sets must be factored in to the analysis and predictions. This is where big data analysis comes in with its sophisticated tools that are also now easy on the pocket if one prefers the open source.
The future of high potential marketing lead generation would be based on big data. Virtually every business vertical can benefit from big data initiatives. Even those without deep pockets can use the cloud model for business analytics/big data analysis.
Some challenges remain to be addressed to engender large scale adoption but the current benefits outweigh the concerns.
India has seen a massive growth in big data adoption and the trend will grow though it is generally amongst the bigger players. As quality of data improves and customer reluctance to being honest when they volunteer data reduces, the forecasts will become more accurate and Big Data will have come to its rightful place as a key enabler.
Data Analytics has become a powerful tool to drive corporates and businesses. check out this 6 Reasons to Use Data Analytics. Visit: https://www.raybiztech.com/blog/data-analytics/6-reasons-to-use-data-analytics
What is big data ? | Big Data ApplicationsShilpaKrishna6
Big data is similar to ‘small data’ but bigger in size. It is a term that describes the large volume of data both structured and unstructured. Big data generates value from the storage and processing of very large quantities of digital information that cannot be analyzed with traditional computing techniques
Sunil Jagani, President and CTO of AllianceTek, explains Big Data as techniques and initiatives to handle the fast-changing and ever-growing data that is too much for conventional technologies and applications to handle. He believes leveraging Big Data is the key to effective product development and formulating marketing strategies.
Big data refers to the vast amount of structured and unstructured data that inundates organizations on a daily basis. This data comes from various sources such as social media, sensors, digital transactions, mobile devices, and more.
How Big Data Analytics Helps In Delivering More Value to Your CustomersSemaphore Software
BIG DATA, the entire business community seems to go gaga over the possibilities that this new concept offers to businesses. From refining customer experience to delivering products and services as the need arises, it is being termed as the next ‘big thing’ in the world of business.
Environmental Big Data: Business PerspectiveCLEEN_Ltd
The amount of environmental data is increasing, and the data would be valuable to the society if they are delivered to the right processes at the right time. In the seminar, we show examples of available data, how they are produced and processed, and how the data can be used in new innovative applications.
This presentation is part of the Environmental Data for Applications Seminar held on the 23rd of September 2015. The seminar was organised by the MMEA (Measurement, Measuring and Environmental Assessment) research programme under the Cleen Ltd (SHOK). The presentations are based on the research results related to environmental data interoperability. The participants included key players and partners in the field of environmental monitoring in Finland.
More info at www.mmea.fi
In this white paper, we’ll spread the light on such issues as:
- What big data is
- How data science creates a real value in retail
- 5 big data use-cases revealing how retail companies can turn their customers’ data in action
Solving Stagnated Business Growth with Data MiningAndrew Leo
In today's data-driven world, leveraging insights from vast datasets can propel your business to new heights. From enhancing customer experiences to optimizing decision-making, data mining offers endless opportunities for growth and innovation.
Key benefits of data mining include:
Personalized customer experiences
Improved decision-making
New business models
Enhanced efficiency
Stronger cybersecurity
Achieving social goals
Discover how data mining can transform your sales strategies, marketing campaigns, healthcare services, customer service, HR management, fraud detection, and manufacturing processes.
Curious to learn more? Check out our comprehensive guide on how data mining can help solve stagnated business growth.
Ready to harness the power of data mining for your business? Let's connect and explore the possibilities.
Similar to Bigdata analysis in supply chain managment (20)
Customer loyalty is a customer's willingness to buy from or work with a brand again and again, and it's the result of a positive customer experience, customer satisfaction, and the value of the products or services the customer gets from the transaction.
Existing customers spend 67% more than new customers. In short, customer loyalty really pays off -- and customer loyalty programs end up paying for themselves.
Brands want to provide great customer service so customers will continue subscribing or purchasing. But customer loyalty is paramount to brands' success -- because loyal customers can grow business faster than sales and marketing.
It is possible to consider that adsorption systems can be alternative to reduce the CO2 emissions and electricity demand when they driven by waste heat or solar energy. Although, for a broader utilization the researches should continue aiming for improvements in heat transfer,reductions of new adsorbent compounds with enhanced adsorption capacity and improved heat and mass transfer properties.
A STUDY OF JSW – AN INDIAN STEEL MANUFACTURING COMPANYKushal Shah
the world. The purpose of the study is to evaluate the actual condition and trend of the steel industry in India With Reference to Jsw Steel Company Growth. The steady growth of production and consumption indicates that India has set a higher growth path by the end of the decade. JSW Steel increased the size of its steel-making operations at a faster rate through both organic and inorganic routes. Currently, Jsw Steel in the midst of ramping up their operations further through the implementation of brownfield expansion projects. JSW Steel’s lower capital expenditure per tonnes leads to higher return profile. A lower gestation period and capex to set up a new facility lead to a higher return on capital and equity for JSW Steel. The franchise-based authorized retail format (Jsw Shoppe) create a sustainable differentiator for JSW Steel's exclusive value-added products and service offerings. Digital Marketing Through LinkedIn, Facebook and other Social Media to Interacting with Customer. Jsw Shoppe Is beneficial for not only Urban Market but for Rural Market Too. Jsw Steel Jsw Shoppe Case study use for Harvard case study of retail marketing. JSW Steel is also among the fastest-growing companies in India with 18.91% net sales of steel and 15% profit margin which is highest amongst steel industry competitors. JSW Steel has plans to increase its manufacturing capacity to 44-45 million tons per annum by 2030 from the present 19 million tonnes.
Steel Is Crucial to The Development of Any Modern Economy and It Is Considered the Backbone of Human Civilization India’s steel production grew 4.5% to its highest ever level of 106.5 million tonnes in FY18. JSW Steel, the flagship company of the JSW Group is one of India’s leading steel players with integrated steel manufacturing facilities. JSW Steel Prospects to increase the size of its steel-making operations at a faster rate through both organic and inorganic routes. Currently, JSW Steel in the midst of ramping up their operations further through the implementation of brownfield expansion projects. JSW Steel’s lower capital expenditure per tonnes leads to higher return profile. A lower gestation period and capex to set up a new facility lead to a higher return on capital and equity for JSW Steel. Analyze 10-year data of Indian steel Industry concerning Jsw steel. JSW Steel Net Sales and Profit growth Are positive & exponential in the last 10 Years From 2009-2018 With the help of Different Marketing Strategies digital marketing and Rural marketing. The franchise-based authorized retail format (Jsw Shoppe) create a sustainable differentiator for JSW Steel's exclusive value-added products and service offerings. Digital Marketing Through LinkedIn, Facebook and other Social Media to Interacting with Customer. Jsw Shoppe Is beneficial for not only Urban Market but for Rural Market Too. Jsw Steel Jsw Shoppe Case study use for Harvard case study of retail marketing. JSW Steel is also among the fastest-growing companies in India with 18.91% net sales of steel and 15% profit margin which is highest amongst steel industry competitors. JSW Steel has plans to increase its manufacturing capacity to 44-45 million tons per annum by 2030 from the present 19 million tonnes.
Jsw Steel Growth is tremendous and after 10 years the world will be recognized.
human resource in merger and acquisitionsKushal Shah
The Human Resource (HR) department plays a pivotal role in the process of merger and acquisition between two companies. ... Thus, HR plays a key role in managing all crises as well as disputes that may crop up in an organization, as and when the process of merger and acquisition sets off.
India is the largest provider of generic drugs globally. Indian pharmaceutical sector industry supplies over 50 per cent of global demand for various vaccines, 40 per cent of generic demand in the US and 25 per cent of all medications in the UK.
India enjoys an important position in the global pharmaceuticals sector. The country also has a large pool of scientists and engineers who have the potential to steer the industry ahead to an even higher level. Presently over 80 per cent of the antiretroviral drugs used globally to combat AIDS (Acquired Immune Deficiency Syndrome) is supplied by Indian pharmaceutical firms.
Social Media Marketing Slide. Social Media Marketing is probably the most successful alternative to marketing.
Marketing strategies with the highest return on investment in digital marketing.
designing of distribution strategy, distribution marketing, distribution channel, marketing channel, channel sales, distribution channel management.
All this method is useful for business to retailers and retailers to the customer.
Laser Technology Limited (SLTL) - A pioneer in the field of lasers in India, caters to the need of various industries. The company offers pinnacle solutions with a wide range of laser system for diversified industrial applications such as: Cutting, Marking, Welding, Micro Machining, Solar Cell Scribing/ Cutting, Diamond processing and scanning, etc. SLTL is one of the few manufacturers in the world providing customized Computer Numeric Controlled (CNC) laser solutions.
Hydraulic Jack is a device that uses force to lift heavy loads. The primary
mechanism with which force is applied varies, depending on the specific type of
jack, but is typically a screw thread or a hydraulic cylinder. Jacks can be
categorized based on the type of force they employ: mechanical or hydraulic.
Mechanical jacks, such as car jacks and house jacks, lift heavy equipment and are
rated based on lifting capacity (for example, the number of tons they can lift).
Hydraulic jacks tend to be stronger and can lift heavier loads higher, and include
bottle jacks and floor jacks.
This project and implementation is very useful for long journey vehicle and this setup
helps to raise vehicle by using battery or engine power. An automatic pneumatichydraulic jack comprises a mini air compressor and automatic hydraulic jack to serve
as an on-vehicle tool where as the power of the battery on the vehicle is used to drive
the mini air compressor which compresses air to serve as its primary force. The air
enters an entry channel from an air inlet nozzle and passes to an air chamber via a
changeover valve to push a small air-oil piston, thus converting air pressure into
hydraulic pressure on the other side of the piston which enters into a large hydraulic
cylinder via a check valve and pushes a large piston. The downward movement of the
small air-oil piston causes engagement with and turns the changeover valve, thus
connecting the air chamber channel to an exhaust channel and the entry channel to the
storage tank channel which enables the oil storage tank to supply the small hydraulic
cylinder with oil under pressure and make the small air-oil piston move upwards when
the small hydraulic cylinder is filled with oil, the small air-oil piston turns the
changeover valve to connect the air entry channel to the air chamber channel again,
thereby completing the cycle. Such reciprocation converts the air pressure into
hydraulic pressure to push the big piston which in turn, jacks up the vehicle. To lower
the vehicle, an oil return screw is turned to allow the oil to return to the oil storage tank
via a return channel
Cnc tooling for cnc machine(130670119596)Kushal Shah
we have seen what the NC machine is and its various
parts, it is easier to understand what the CNC machine is. CNC is
the short form for Computer Numerical control. We have seen that
the NC machine works as per the program of instructions fed into
the controller unit of the machine. The CNC machine comprises of
the mini computer or the microcomputer that acts as the controller
unit of the machine. While in the NC machine the program is fed
into the punch cards, in CNC machines the program of instructions
is fed directly into the computer via a small board similar to the
traditional keyboard.
The fixture used in cage at this time currently
gives 6 nailguns in one cycle.
This takes a lot of time to manufacture if the units
are more in quantity. Also bending occurs at the
tip of the nailguns due to load.
To resolve this problem, a new fixture is designed
which will give 10 nail guns at a time and reduce
the bend
Instruments for solar radiation measurement
Empirical equation for prediction of availability of solar radiation
Radiation on tilted surface
Types of solar collectors
kushsshah.blogspot.com
Fixture design for heat treatment of nail gunKushal Shah
Our main aim is to design a better fixture for fix the nail gun and remove all the failure of its
properties. We try to give even volume of heat to nail gun for strongly applied all the properties
of aluminum product (A356).now a days fixture designing is easy by the use of different
software of designing(cad,cam,cafd,solid works,creo,ansys) and also analysis(solid
works,creo,ansys) on them to check the efficiency of fixture(heat treatment fixture) in every
practical usage of fixture. cafd is the computer aided fixture design method which can be used
by every industrial, manufacturing company for fast working on them. We try to design a fixture
and compare with old one by usage of the softwares and analysis on nail gun fixture design. The
object of this invention is to fix the nail gun foe get even value of heat in furnace and don’t
remove its all properties.
I have to try to share some knowledge about the Indian health care sector. I have put some data to get more and more knowledge which can easily understand.
Sun pharma financial analysis 2008-2017Kushal Shah
This is the financial analysis of sun pharmaceutical india ltd..financial analyis is use for check all the profits and loss during 10 years.pharmaceutical sector affects on a particular pharma company.chages in corporate governance and csr activity can affect more on this analysis.some of the major ratios can affect on shareholders,competitiors.share holders watch it and buy and sell sun pharma companies share.so comment below after watch this ppt.thank you.
This presentation slide will give you the knowledge about cold storage in India,cost of cold storage,future of cold storage,opportunity to do business of cold storage in India.potential of India to do business of cold storage.
business meeting is the comman part in corporate use.this PowerPoint slide can use for steps use in business meetings in world.communications use in business meetings.types of business communication use in business meetings.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
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3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
4. Flow Of The Presentation
What Is Big Data?
Why Big Data?
Who Uses Big Data?
What Does Big Data Mean For Supply Chain
Management?
What Are The Concrete Opportunities That
Big Data Presents?
5. What is big data ?
Big data is a term that describes the large
volume of data – both structured and
unstructured – that inundates a business
on a day-to-day basis. But it’s not the
amount of data that’s important. It’s what
organizations do with the data that matters.
Big data is data that contains greater
variety arriving in increasing volumes and
with ever-higher velocity. This is known as
the three Vs.
Put simply, big data is larger, more
complex data sets, especially from new
data sources. These data sets are so
voluminous that traditional data processing
software just can’t manage them. But these
massive volumes of data can be used to
address business problems you wouldn’t
have been able to tackle before.
6.
7. Why big data ?
Key Enablers Of Appearance And Growth
Increase Of Storage Capacities
Increase Of Processing Power
Every Day We Create 2.5 Quintillion Bytes
Of Data
90% Of The Data In The World Today Has
Been Created In The Last Two Years Alone
Smart Decision Making
Determining Root Causes Of Failures,
Issues And Defects In Near-
Real Time.Generating Coupons At The
Point Of Sale Based On The Customer’s
Buying Habits.Recalculating Entire Risk
Portfolios In Minutes
Detecting Fraudulent Behavior Before It
Affects Your Organization.
8. Who uses big data ?
Education
Government
Healthcare
Manufacturing
Retail
9. What does Big Data mean for
supply chain management?
Information is the driver of corporate
decision making on strategic, tactical, and
operational levels. Companies in the supply
chain must have access to up-to-date,
accurate, and meaningful information.
That’s why harnessing the power of Big
Data is vital for supply chain management.
the optimization of a firm’s supply-side
business activities, such as new product
development, production, and product
distribution, to maximize revenue, profits,
and customer value.
Big Data management has tremendous
implications for supply chain management.
Firms that can aggregate, filter, and
analyze internal data, as well as external
consumer and market data, can use the
insights generated to optimize decision-
making at all levels of the supply chain.
10. Big data opportunities
Enhanced information management
Increased operations efficiency and
maintenance
Increased supply chain visibility and
transparency
Greater responsiveness
Enhanced product and market strategy
Improved demand management and
production planning
Innovation and product design benefits
Positive financial implications
More integration and collaboration
Enhanced logistics
More efficient inventory management
Improved risk management
.
11. BENEFITS OF BIG DATA FOR
SUPPLY CHAIN MANAGEMENT
Customer Service
Shipping and Delivery
Forecasting
Optimizing vendor management
Automating product sourcing
Personalizing service
Pricing Management
12. ROLE OF BIG DATA FOR
SUPPLY CHAIN MANAGEMENT
Real-time Delivery Tracking
Optimized Supplier Management
Customized Production And Service
Automatic Product Sourcing
Optimized Pricing
13. THE FUTURE OF BIG DATA AND
SUPPLY CHAIN MANAGEMENT
Several innovations and trends will not
only accelerate the volume of data as a
whole, but also the volume of data relevant
to supply chain management. Mobile will
continue to provide a major source of
supply-chain relevant data, driven by the
GPS technology in mobile devices, as well
as the proliferation of social networks
specializing in social discovery, which
allows users to discover people and events
of interest based on location. Deep analysis
of consumer location information can
afford firms even greater efficiency at
getting products to consumers, whether
through optimizing the locations of regional
fulfillment centers or even distribution of
products at those events and venues well
frequented by its consumers.
Iot and Cloud Computing.
14. You can find me at
@username · kushalsshah.wordpress.com
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Editor's Notes
Complexity. Today's data comes from multiple sources, which makes it difficult to link, match, cleanse and transform data across systems. However, it’s necessary to connect and correlate relationships, hierarchies and multiple data linkages or your data can quickly spiral out of control.
Researchers at the University of Kassel in Germany spoke to 20 experts from a leading global company in the management consulting industry who identified the opportunities and challenges that Big Data analytics presents for supply chains.