DIGITALISATION
52 decreases ,” says Nikul Amin , Director of Consulting and Analytics at Acxiom . Therefore , setting measurable goals and establishing desirable outcomes will help facilitate the productive analysis of information . Employing ‘ edge computing ’ — wherein data analysis is conducted on a device directly , as opposed to being sent to a server first - enables supply chains to concentrate on a particular problem quickly and accurately . This has the additional benefit of making data analysis more efficient : essential data can be ascertained more easily and inconsequential information disregarded .
The enhanced level of scrutiny and diligence that this improved level of speed and reliability can bring a supply chain is significant . “ Data from differentiated sources can provide a comprehensive , balanced view as opposed to relying on one single source ,” Clarke says . A focused analysis will flag areas containing inherent risk and offer “ a wider view of entities within the chain and potential data
MARCH 2020