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Big Data in Logistics

Autor:   •  July 11, 2016  •  Case Study  •  1,492 Words (6 Pages)  •  1,174 Views

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Institute of Management Nirma University

S. G. Highway, Chandlodia Gota, Ahmedabad - 342481

Group Assignment #2

Big Data Architecture and Applications

Case Study Analysis

“Big Data in Logistics”[pic 4]

Submitted to:        Submitted by: Group No. 6

Prof. V. V. Nath

Ankit Goyal

151106

Ashish Rochwani

151108

Rahul Vyas

151144

Rangoli Jadeja

151141

Harsh Tiwari

151418

[pic 5]

Date of Submission: 25th March 2016

 

Executive Summary

Big data is a game changing trend for the logistics Industry. In a recent study on supply chain trends, 60% of the respondents stated that they are planning to invest in Big Data analytics within the next five years. This report is an analysis of a case study which focuses on logistics department. This report gives the answers of following questions. How big data is being used in logistics? What are the benefits of big data and how is it implemented?

 

Table of Contents

Sr. No.

Particulars

Pg. No.

1.

Introduction

4

2.

Big Data Value Dimensions

4

3.

Big Data in Logistics

5

4.

Positive Impacts of Big Data in Logistics

7

5.

Learning Outcomes

8

6.

Annexures

9

 

Introduction

“Digital Universe” is expanding at a rate that doubles the data volume every two years. VOLUME Devices such as cars, smartphones, RFID readers, webcams, and sensor networks continuously generate data streams without human intervention. VELOCITY There is vast majority of newly created unstructured data stems from camera images, video and surveillance footage, blog entries, forum discussions, and e-commerce catalogs. VARIETY Besides resources, labor, and capital, there’s no doubt that information has become an essential element of competitive differentiation. Besides resources, labor, and capital, there’s no doubt that information has become an essential element of competitive differentiation.

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