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International Trade

How Big Data and Data Analytics Will Transform Supply Chains

Mary Breede  

· 1 minute read

Mary Breede  

· 1 minute read

“Big data” and “data analytics” may sound like tech jargon that doesn’t have much impact on global trade. However, in today’s fast-moving trade environment it’s more important than ever for companies to have access to the most up-to-date information available.

Companies are constantly under pressure to increase profit margins, shorten order-to-delivery cycles, and boost planning efficiency. These things are all easily managed and improved with a big data solution. And it’s not just trade professionals who are utilizing these tools — customs authorities are now also using data analytics tools with increasing regularity.

Read the report for an in-depth look at how big data and data analytics are shaping today’s global trade landscape.

 

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