Big Data Supply Chain Management and Its Legal Context

Author:

Taghipour Atour1ORCID,Lu XiaoWen1

Affiliation:

1. Normandy University, France

Abstract

The new digital tools can significantly improve the performance of supply chains. That means, the digitalization has the potential to provide companies with a range of practices to significantly reduce costs, increase product availability, improve access to information, and enhance responsiveness, collaboration, supply chain visibility, and resilience. One of the potentials of the digitalization is to explore big data. In fact, the quantitative explosion of data gave birth to big data in order to find new ways of analyzing and exploring the data. It offers the possibility to treat and analyze a huge amount of data in order to make conclusions and take decisions. Benefits such as cost reducing, better management, or even precise forecasting are possible with the big data. But a lot of companies have faced big problems such as data leaking and privacy violation. This chapter will study big data supply chain management and its legal context based on a literature review and gives future directions for governments, companies, and researchers.

Publisher

IGI Global

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