New England Supply Chain Conference & Exhibition

APICS - The Association for Operations Management North Shore Chapter 20 and Boston Chapter 10    --   The Council of Supply Chain Management Professionals (CSCMP) New England Roundtable    --    The Northeast Supply Management Group, A Special Interest Group of ISM®

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The Data-Driven Economy

by Ed Schuster, CFPIM, CIRM

Each year, the amount of data grows by as much as 40 - 60% for many organizations. Emerging technologies such as the EPCglobal Network and RFID technology, along with sensor networks are certain to generate even more data. This raises the question, "How are we going to make sense of large volumes of data generated from RFID and other technologies?"

This presentation examines a new language for computers that will enable data and model interoperability and help firms to get greater insight from data. The M Language is currently being prototyped at MIT in conjunction with Industry. It uses an open system approach. Examples will include situations in operations and supply chain management experienced by members of The MIT Data Center. The M Language will serve as the base infrastructure for the Intelligent networks of the future that will dominate supply chains.

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