The supply chain is enabled in large part by technology. And as that technology continues to inhabit more and more diverse parts of the system it becomes even more important to understand how it can impact operations. The internet of things (IoT) is a now familiar concept as both businesses and consumers see computerized functions attached to everything from street lights to toothbrushes. Here’s an update on how those little devices are becoming more like full fledged computers and what you can expect from that.
In 2019 many industries are expected to experience changes due to new technologies and changes in regulations in the United States. One major industry that won’t be left out is that of trucking and logistics. They can expect that recent advancement in technology will help simplify processes, automate tasks and yield positive results.
The single biggest issue for US manufacturers is the uncertainty of the relationship with China and how tariffs will affect products, pricing, delivery, and costs. But that’s not to say there aren’t other issues to consider.
Robotics, AI, autonomous vehicles, renewable energy all grab headlines and promise great things as we move into the next year. Some of the projects that are in play are truly remarkable in the ways they are expected to change how we do things. The supply chain runs in the background of consumer activities and is more complex than most people who aren’t involved with the supply chain imagine. But when issues slow the process of getting goods to their final destinations everyone has opinions about what should be done to make things better. Global delivery giant DHL has some ideas of their own that leverage its presence and the technology available.
There was a time when supply chain software was tightly focused on managing the transactions that went into processing orders. The software providers were specialized in EDI transactions - data files formatted according to the Electronic Data Interchange (EDI) standard. EDI files associated with logistics have become integral to the process. These electronic documents were originally separate from inventory control, shipping manifests, and payment processing, but the volume of transactions and the number of companies doing business electronically has made integration between supply chain logistics and ERP systems more common than ever.
It's still one of the toughest jobs an IT professional faces. It's not the providing of cloud computing services, but convincing your non-technical clients that it’s safe to take the plunge and migrate to the cloud. This remains a frustrating task; especially when they’ve reviewed reliable and credible data and still resist.
Black Friday 2018 is in the rear view mirror and whatever your results are they depended largely on the state of your supply chain. So now is the time to take a look at what happened while there still may be a few days to make adjustments before the final days of the retail shopping year.
This season’s spending is projected to be 14.8 percent more than that of 2017. That is, online spending at least. Adobe Analytics looked at 80 of the top 100 U.S. retailers and a wide swath of their customers and predict online sales between Cyber Monday and Christmas will produce an additional $284 million in sales over last year.
- Written by Nir Kaldero
- Category: Management
In general terms we kinda think we understand what blockchain is, right? It’s a distributed database with very secure encryption making it unchangeable and at the same time publicly visible and annonymous. Sounds good but what does that mean in real terms? If you’re still curious how all this comes together, here’s a demo created by Sean Han @seanjameshan · Developer & Designer, who exlpains, “Blockchain Demo is my attempt at demystifying the technology behind cryptocurrencies. It has a living blockchain, a peer-to-peer network, and a user tour.” You can walk through the 28 steps that describe what blockchain is and how it is made. By the way, this it NOT a crypto-currency demo. Remember that blockchain has lots of uses beyond exchanging money.