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Application of Big data Analysis in Supply Chain Management: Future Challenges


Suchismita Mishra, Srikant Pattnaik, Bibhuti Bhusan Mishra
Abstract

According to the age of market globalization, the concept of big data has become very vast and it is covering all the fields including the business. In business management the concept of supply chain is an important segment. The chain supplyadministration popularly known as SCM. SCM is anadministration of services and goods flow. It encompasseslocomotion and stockpiling of raw materials, of work-in-progressaccount& of completebelongings from origin to said consumption point. In the whole process a large capacity of information is created, which leads to data management issues. This heap of information is known as “big data”. The data management techniques include different methods like data clustering, classification, association analysis, regression. In the current era there are a lot of researches are going on resolving the issues of big data management. Here some of the issues are discussed.

Volume 11 | 08-Special Issue

Pages: 2541-2548