Data Analytics: Overview

For supply chain management, there is a tremendous amount of data in enterprise business information systems like ERP, SCM and CRM systems.

Data analytics is concerned with converting raw data into meaningful information. For many supply chain professionals, it has become part of their work to retrieve and export data from SQL database to Excel for analysis and decision-making. Thus, the data analytics as the process is not nothing new to them. Perhaps what has been changed is the data visualization software. The software can process vast amount of data quickly and create different visualizations of the same data set that allows discovery of the hidden patterns and simultaneous view of the process.

The data visualization software is developed for business users. If you are familiar with Excel, it is easy to master it.