Analytical Data

Descriptive analytics is data which represents what has already happened and Predictive analytics is data which represents what could happen. Regular data is easily differentiated from big data, this is because big data uses a different type of distribution for its architecture. Companies use big data because they have a large amount of data that they produce and they have to evenly differentiate it. Business intelligence is a type of leverage for big data so that it can get structured, analyzed and generated properly. Using computer software and techniques, business intelligence creates data visualization for reporting’s and analysis. Supply Chain management is the “process of delivering a product from raw material to its consumer”. This typically includes the manufacturing process which entails demand planning, supply planning, product planning, the operations and sales planning and last supply management. Typically supply chain management includes three major parts which include the purchasing or sourcing of the goods, planning which corresponds to scheduling outtake and intake and lastly the logistics that go into delivery of the goods.