Big Data is being used by organizations to predict future outcomes. If we can predict future outcomes we can use our resources much more efficiently. If we can use our resources more efficiently, we can flow more of our revenues through our P&L to the bottom line. I am talking about Profitability!
One such company is using a Big Data approach to hiring. Another company is using Big Data to automate their Clients inventory work flows. Data has the potential to provide us “signals”, and Big Data can be mined for specific signals that can be predictive in nature. What if you could evaluate all of the data and indicators that make up a sales order: its items with their case dimensions, their weight, their attributes relative to temperature, orientation and expiration, customer ship time requirements and even special notes attached to an order, or a combination of orders and our efficiency around full overseas containers?
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