An enormous amount of data is generated tremendously every second within supply chain industry all over the world. Big data is an extensive compilation of information that standard data-processing software finds challenging to manage. It refers to the vast amounts of data, structured and unstructured, that helps businesses to establish trends and patterns in human behavior and interactions. Big data has become a big business. Big data in supply chain refers to the vast amount of structured and unstructured data collected throughout various stages of a supply chain, which can be analyzed to improve operational efficiency, optimize inventory management, enhance demand forecasting, and make better data-driven decisions. The role of big data in supply chain is pivotal in improving demand forecasting, inventory management, risk resilience, and personalized customer experiences. This paper explores how big data is widely optimized and managed in the supply chain industry.
big data, big data analytics, supply chain, supply chain management
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