Harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph

Today, firms can access to big data (tweets, videos, click streams, and other unstructured sources) to extract new ideas or understanding about their products, customers, and markets. Thus, managers increasingly view data as an important driver of innovation and a significant source of value creatio...

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Main Authors: Tan, Kim Hua, Zhan, YuanZhu, Ji, Guojun, Ye, Fei, Chang, Chingter
Format: Article
Published: Elsevier 2015
Subjects:
Online Access:https://eprints.nottingham.ac.uk/32769/
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author Tan, Kim Hua
Zhan, YuanZhu
Ji, Guojun
Ye, Fei
Chang, Chingter
author_facet Tan, Kim Hua
Zhan, YuanZhu
Ji, Guojun
Ye, Fei
Chang, Chingter
author_sort Tan, Kim Hua
building Nottingham Research Data Repository
collection Online Access
description Today, firms can access to big data (tweets, videos, click streams, and other unstructured sources) to extract new ideas or understanding about their products, customers, and markets. Thus, managers increasingly view data as an important driver of innovation and a significant source of value creation and competitive advantage. To get the most out of the big data (in combination with a firm’s existing data), a more sophisticated way of handling, managing, analysing and interpreting data is necessary. However, there is a lack of data analytics techniques to assist firms to capture the potential of innovation afforded by data and to gain competitive advantage. This research aims to address this gap by developing and testing an analytic infrastructure based on the deduction graph technique. The proposed approach provides an analytic infrastructure for firms to incorporate their own competence sets with other firms. Case studies results indicate that the proposed data analytic approach enable firms to utilise big data to gain competitive advantage by enhancing their supply chain innovation capabilities. Keywords: Big Data; Analytic Infrastructure; Competence Set, Deduction Graph, Supply Chain Innovation.
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spelling nottingham-327692020-05-04T20:08:15Z https://eprints.nottingham.ac.uk/32769/ Harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph Tan, Kim Hua Zhan, YuanZhu Ji, Guojun Ye, Fei Chang, Chingter Today, firms can access to big data (tweets, videos, click streams, and other unstructured sources) to extract new ideas or understanding about their products, customers, and markets. Thus, managers increasingly view data as an important driver of innovation and a significant source of value creation and competitive advantage. To get the most out of the big data (in combination with a firm’s existing data), a more sophisticated way of handling, managing, analysing and interpreting data is necessary. However, there is a lack of data analytics techniques to assist firms to capture the potential of innovation afforded by data and to gain competitive advantage. This research aims to address this gap by developing and testing an analytic infrastructure based on the deduction graph technique. The proposed approach provides an analytic infrastructure for firms to incorporate their own competence sets with other firms. Case studies results indicate that the proposed data analytic approach enable firms to utilise big data to gain competitive advantage by enhancing their supply chain innovation capabilities. Keywords: Big Data; Analytic Infrastructure; Competence Set, Deduction Graph, Supply Chain Innovation. Elsevier 2015-07 Article PeerReviewed Tan, Kim Hua, Zhan, YuanZhu, Ji, Guojun, Ye, Fei and Chang, Chingter (2015) Harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph. International Journal of Production Economics, 165 . pp. 223-233. ISSN 0925-5273 Big data; Analytic infrastructure; Competence set; Deduction graph; Supply chain innovation http://www.sciencedirect.com/science/article/pii/S0925527314004289 doi:10.1016/j.ijpe.2014.12.034 doi:10.1016/j.ijpe.2014.12.034
spellingShingle Big data; Analytic infrastructure; Competence set; Deduction graph; Supply chain innovation
Tan, Kim Hua
Zhan, YuanZhu
Ji, Guojun
Ye, Fei
Chang, Chingter
Harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph
title Harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph
title_full Harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph
title_fullStr Harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph
title_full_unstemmed Harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph
title_short Harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph
title_sort harvesting big data to enhance supply chain innovation capabilities: an analytic infrastructure based on deduction graph
topic Big data; Analytic infrastructure; Competence set; Deduction graph; Supply chain innovation
url https://eprints.nottingham.ac.uk/32769/
https://eprints.nottingham.ac.uk/32769/
https://eprints.nottingham.ac.uk/32769/