Supply chain center to open in AsiaIBM recently partnered with the Singapore Economic Development Board to develop a center to help corporations better manage their supply chains.

The IBM Supply Chain Analytics Center of Competency will be launched in Singapore and will increase knowledge of supply chain optimization in the area. The center will use big data to gather information and develop solutions for companies that may be missing out on the most efficient and effective ways to do business.

The CoC will collaborate with IBM's U.S. operation as well as its centers in India to better utilize company data to conduct business in a way that will result in cost savings and more customer satisfaction.

"With the explosion of big data, enterprises across all industries are looking for way to gain greater, more accurate insight into their businesses," said Fran O'Sullivan, IBM's Integrated Supply Chain general manager. "We look forward to collaborating with the Singapore EDB to develop innovative technologies to advance the supply chain industry worldwide."

Big data is quickly becoming an important way for suppliers to gain valuable knowledge of how they can improve their procurement strategies. The CoC will be IMB's first venture into supply chain analytics in Singapore.
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