Cognitive supply networks are becoming increasingly important for organizations to build more agile, resilient, and intelligent supply chains. This involves managing big data, including volume, velocity, variety, and veracity. Volume refers to the large amount of supply chain information from various sources, such as warehouses, financial and procurement apps, logistics and distribution companies, and materials suppliers. Velocity refers to the speed at which data is entering organizations' storage and processing platforms, which can strain systems. Variety refers to the structured and unstructured data that comes from a range of systems and formats. Veracity refers to the importance of confirming the accuracy and reliability of the data. Evaluating solutions to meet digital supply chain objectives is critical, with a score of 9 or 10 being essential.
