Turning Big Data Into Actionable Intelligence
Authors/Creators
- 1. Associate Professor, Department of Logistics Management, Alagappa University
- 2. Research Scholar – Full Time, Department of Logistics Management Alagappa University
Description
Supply chain managers are tasked with ensuring the ef cient movement of all freight.
When the supply chain process becomes more and more complex, there exists an
opportunity to develop costly kinks to make the process manageable. Establishing
key performance indicators (KPIs) is an one way transportation and it can also
monitor performance and strive for solutions to save money. But KPIs are considered
as a single piece of an unsolved puzzle. Within the company’s transportation
management system (TMS) exists the information which can help the managers
to make better business decisions. This process is called actionable intelligence.
The quantity of data a transportation management system can provide depends on
a number of factors including years of data collected, whether the system is cloudbased
or on-premise. This paper will explore how the data/information saved in a transportation management system can be turned into
information managers which in turn can act upon to improve supply chain performance.
Files
40-44.pdf
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