Big data is increasingly becoming key to having an efficient supply chain and a reduction of costs. In fact, it’s now standard practice to gather and analyze massive amounts of information to help boost revenue.
Experts predict the trend will continue to expand, and the cost-savings alone in efficiently re-structuring supply chains are potentially enough for not only significant additional profit but also for efficient, streamlined operations moving forward.
Lisa C. Dunn is a writer for TechnologyAdvice and a freelance writer, copywriter and ghostwriter who develops high-quality content for businesses and non-profit organizations. For over 20 years, she has worked with numerous PR and digital marketing agencies, and her work has been featured in well-known publications including Forbes, VentureBeat, Mashable, Huffington Post, Wired, B2C, USA Today, among others.