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Global Managerial Perspectives of Big Data Strategy in Supply Chain Management by CSCMP

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Key Takeaways

We developed four specific takeaways: (1) the lack of a united definition for Big Data used in supply chains, (2) the nuances of sharing this data, (3) the opportunities for Big Data in Supply Chains, and (4) the challenges or obstacles that remain.

First, there is no united international definition or understanding of Big Data. We noted not only disagreements across countries, but within countries. Some managers talk about point-of-sale information dumps (customer, business, and industry touch points), while others talk exclusively about engineering discovery within the supply chain, while yet others talk about Google searches and web crawlers. Our understanding of Big Data focuses on managing and storing a high volume of multilevel ...

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