Procurement and big data

Vincent Hauss Artificial Intelligence, Procurement 0 Comments

It comes as no surprise that the procurement function is using big data to drive digital change. According to a recent survey of over 650 leaders in procurement, supply chain and finance from Europe and North America, 72 percent of respondents stated big data and predictive analytics as one of the top five priorities for their organisations. These organisations are investing heavily in technologies that, beyond cost savings …

International Business Times: Big Data Will Cut Business Costs but Not Jobs

admin In the press

Companies will save money in the long term by investing in huge data management and storage capabilities, says consultancy firm 4C Associates. Speaking to IBTimes TV at the EIU CFO Summit, the consultancy firm’s managing director, Ed Ainsworth, also added that it could significantly help a company to become more profitable as it allows firms to better understand and manage their …

Network optimisation and big data

admin Blog, IT 0 Comments

During my time at 4C, I have worked on a number of supply chain optimisation initiatives. Each of these has required substantial data analysis. To give you an example, our latest project required the analysis of a quarter of a million point to point movements. The growing availability to this type of data has already allowed 4C to drive significant …