According to Gartner predictions, "Supply chain operations must adopt new business models to compete in an increasingly complex and volatile world. Supply chain leaders must identify where to innovate and invest in new processes and technologies to remain competitive." The…
In today’s competitive world, social responsibility (sustainability) gives brands the chance to build and earn consumer loyalty. As such, companies need to prioritize sustainable efforts to not only enrich their value chains, but to optimize operations, reduce expenses and rev…
What is supply chain 4.0? Supply Chain 4.0 — or Digital Supply Chain as it's often called — could help companies reduce lost sales by as much as 75%, and could also cut transportation and warehousing costs by up to…
Some say that many jobs with the function of supply chain management may be obsolete within the next 5 to 10 years, the theory being that it will be replaced by a streamlined, self-regulating utility that optimally manages end-to-end work…
According to the 2018 Women in Supply Chain Survey, women make up just 20% of supply chain VP, but that number is expected to grow to more than 30% by 2023. In 2018, however, roughly 14% of companies reported that…
After Jeff Bezos turned the supply chain upside down in December 2013 by revealing his secret Octocopter drones, which would fly packages to your door inside of 30 minutes, drones quickly became the buzz word of the day at supply…
High-tech and electronics manufacturers are charged with the task of managing hyper-complex, global supply chains. Blockchain technology offers a way to break down the silos (production, transportation, fulfillment, and so on) with complete transparency and data flow between every point…
Supply chain machine learning (ML) algorithms are recognizing new patterns in supply chain data daily, without needing manual intervention or the definition of taxonomy to guide the analysis. Now that's something that will potentially revolutionize any business. In this post,…
Smart manufacturing is becoming extremely popular in the marketplace today. In fact, Global IT consulting company Capgemini published a study last year stating that 76% of manufacturers are either formulating a smart factory initiative or have an ongoing one. …