There are hidden high-valued data mixed with raw
and noise data in Big Data. Data value is closely related
to the data volume and variety. Big Data technologies
can unlock significant value by making information
transparent and usable based on Big Data analytics and benefit enterprise or organizations. Big Data help
improve supply chain management and business
administrationin many aspects. These aspects include
efficiency, defect identification in products and services,
procurement, supply chain collaboration, end-to-end
supply chain execution, supply chain planning, inventory
control and risk management, marketing and sales/aftersales
support, geo-location/mapping, real-time
personalized service, optimized merchandising and ecommerce
and market intelligence, etc.