The Big Deal About Big Data in S&OP
Based on a survey of 160 supply chain leaders in a recent webinar conducted by Steelwedge, we found that companies have captured a whopping 70% more data (product, supply, demand and finance) to manage their organizations this year. Yet, 77% of these businesses are not actually leveraging this data in their S&OP processes, thereby leaving “blind spots” in their decision making processes around critical supply/demand tradeoffs.
The term "Big Data" is not just an IT buzzword that supply chain folks can choose to ignore. It is becoming more and more of a reality—and valuable leveraging point-- in their own organizations.