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Building High Quality Big Data-Based Applications in Supply Chains

Building High Quality Big Data-Based Applications in Supply Chains

Kamalendu Pal
Copyright: © 2018 |Pages: 24
ISBN13: 9781522530565|ISBN10: 1522530568|EISBN13: 9781522530572
DOI: 10.4018/978-1-5225-3056-5.ch001
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MLA

Pal, Kamalendu. "Building High Quality Big Data-Based Applications in Supply Chains." Supply Chain Management Strategies and Risk Assessment in Retail Environments, edited by Akhilesh Kumar and Swapnil Saurav, IGI Global, 2018, pp. 1-24. https://doi.org/10.4018/978-1-5225-3056-5.ch001

APA

Pal, K. (2018). Building High Quality Big Data-Based Applications in Supply Chains. In A. Kumar & S. Saurav (Eds.), Supply Chain Management Strategies and Risk Assessment in Retail Environments (pp. 1-24). IGI Global. https://doi.org/10.4018/978-1-5225-3056-5.ch001

Chicago

Pal, Kamalendu. "Building High Quality Big Data-Based Applications in Supply Chains." In Supply Chain Management Strategies and Risk Assessment in Retail Environments, edited by Akhilesh Kumar and Swapnil Saurav, 1-24. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-3056-5.ch001

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Abstract

Global retail business has become diverse and latest Information Technology (IT) advancements have created new possibilities for the management of the deluge of data generated by world-wide business operations of its supply chain. In this business, external data from social media and supplier networks provide a huge influx to augment existing data. This is combined with data from sensors and intelligent machines, commonly known as Internet of Things (IoT) data. This data, originating from the global retail supply chain, is simply known as Big Data - because of its enormous volume, the velocity with which it arrives in the global retail business environment, its veracity to quality related issues, and values it generates for the global supply chain. Many retail products manufacturing companies are trying to find ways to enhance their quality of operational performance while reducing business support costs. They do this primarily by improving defect tracking and better forecasting. These manufacturing and operational improvements along with a favorable customer experience remain crucil to thriving in global competition. In recent years, Big Data and its associated technologies are attracting huge research interest with academics, industry practitioners, and government agencies. Big Data-based software applications are widely used within retail supply chain management - in recommendation, prediction, and decision support systems. The spectacular growth of these software systems has enormous potential for improving the daily performance of retail product and service companies. However, there are increasingly data quality problems resulting in erroneous tesing costs in retail Supply Chain Management (SCM). The heavy investment made in Big Data-based software applications puts increasing pressure on management to justify the quality assurance in these software systems. This chapter discusses about data quality and the dimensions of data quality for Big Data applications. It also examines some of the challenges presented by managing the quality and governance of Big Data, and how those can be balanced with the need of delivery usable Big Data-based software systems. Finally, the chapter highlights the importance of data governance; and it also includes some of the Big Data managerial practice related issues and their justifications for achieving application software quality assurance.

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