STM Journals Peer-reviewed research from Consortium e-Learning Network

Journal of Production Research & Management

Redefining Efficiency: Big Data Science in Supply Chain Design and Management

  1. Devendra C. Yadav

Abstract

The combination of resources, tools, and applications in the field of supply chain management (SCM) is rapidly expanding, creating both opportunities and challenges. The term "big data" is commonly used to refer to the large and complex sets of data that are now available. These data are believed to have the potential to improve decision making and increase profitability. To effectively analyze and utilize these data, new methods of data science, such as predictive analytics, have been developed.

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