A perspective on applications of in-memory analytics in supply chain management
Big data, advanced analytics, and in-memory database technology are on the agenda of top management since they are seen as key enablers for enhanced business decision-making. In this paper, we provide a comprehensive perspective on applications of in-memory analytics in the field of supply chain man...
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| Vydané v: | Decision Support Systems Ročník 76; s. 45 - 52 |
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| Hlavní autori: | , |
| Médium: | Journal Article |
| Jazyk: | English |
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Amsterdam
Elsevier B.V
01.08.2015
Elsevier Sequoia S.A |
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| ISSN: | 0167-9236, 1873-5797 |
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| Abstract | Big data, advanced analytics, and in-memory database technology are on the agenda of top management since they are seen as key enablers for enhanced business decision-making. In this paper, we provide a comprehensive perspective on applications of in-memory analytics in the field of supply chain management (SCM) that use the aforementioned concepts. Our contribution is threefold: First, we develop a top-down framework to position in-memory analytics applications against extant IT systems in SCM. Second, we conduct a bottom-up categorization of 41 in-memory analytics applications in SCM to provide supporting empirical evidence of the efficacy of the framework. Third, by contrasting top-down and bottom-up perspectives we derive implications for research and industrial practice.
•In-memory analytics applications in SCM can be structured along four use cases.•Real-time analytics is the predominant focus of emerging in-memory applications.•Integrated data models further support functional integration in adjacent domains.•Emerging applications do not substitute but complement current APS systems.•A stochastic planning approach in APS systems still remains open for research. |
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| AbstractList | Big data, advanced analytics, and in-memory database technology are on the agenda of top management since they are seen as key enablers for enhanced business decision-making. In this paper, we provide a comprehensive perspective on applications of in-memory analytics in the field of supply chain management (SCM) that use the aforementioned concepts. Our contribution is threefold: First, we develop a top-down framework to position in-memory analytics applications against extant IT systems in SCM. Second, we conduct a bottom-up categorization of 41 in-memory analytics applications in SCM to provide supporting empirical evidence of the efficacy of the framework. Third, by contrasting top-down and bottom-up perspectives we derive implications for research and industrial practice. Big data, advanced analytics, and in-memory database technology are on the agenda of top management since they are seen as key enablers for enhanced business decision-making. In this paper, we provide a comprehensive perspective on applications of in-memory analytics in the field of supply chain management (SCM) that use the aforementioned concepts. Our contribution is threefold: First, we develop a top-down framework to position in-memory analytics applications against extant IT systems in SCM. Second, we conduct a bottom-up categorization of 41 in-memory analytics applications in SCM to provide supporting empirical evidence of the efficacy of the framework. Third, by contrasting top-down and bottom-up perspectives we derive implications for research and industrial practice. •In-memory analytics applications in SCM can be structured along four use cases.•Real-time analytics is the predominant focus of emerging in-memory applications.•Integrated data models further support functional integration in adjacent domains.•Emerging applications do not substitute but complement current APS systems.•A stochastic planning approach in APS systems still remains open for research. |
| Author | Packowski, J. Hahn, G.J. |
| Author_xml | – sequence: 1 givenname: G.J. surname: Hahn fullname: Hahn, G.J. email: hahn@bwl.uni-mannheim.de organization: Business School, CAMELOT Management Consultants Endowed Assistant Professorship for Supply Chain Management, University of Mannheim, Germany – sequence: 2 givenname: J. surname: Packowski fullname: Packowski, J. email: jp@camelot-mc.com organization: CAMELOT Management Consultants AG, Mannheim, Germany |
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| SubjectTerms | Advanced planning Big Data Business Business analytics Business intelligence Decision making Decision support systems Effectiveness Empirical analysis In-memory database systems Information technology Management Studies Supply chain management Supply chains |
| Title | A perspective on applications of in-memory analytics in supply chain management |
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