Data loss is the greatest concern for supply chain professionals, according to a poll of nearly 500 IT and risk-management professionals conducted by Forrester Research on behalf of BitSight. The results, released earlier this month, indicate that when global supply chain pros work with third-party vendors, 63 percent fear the loss and theft of confidential data more than any other risk.
We have crossed a threshold: Majority of company workloads now happen it the Cloud. So, instead of our campaign to bring companies into the Cloud, we will concentrate on how to take advantage of the Cloud, and how to manage the Cloud.
Implementing and beginning to utilize data-driven analytics to operate and manage your supply chain has gotten easier than when a few hardy pioneers first “test drove” early installations. Like always, inconsistent data is the biggest culprit in obtaining good analysis. We are going to search the World for you and find what else can cause issues.
CIOs know, you know, I know that organizations need to utilize Cloud-based applications and infrastructure so that they are digitally competitive. Why are perceived budget and security concerns stymying digital initiatives?
Leave it to Apple to stir the pot. Usually it's because of an outrageously great technology, or for us in the supply chain business about how well they handle their own supply chain. This time it's about a payment scheme that involves technology in their newest devices. OK, so maybe it really isn't Apple making waves, but it's still falling on the company as the trigger to the debacle.
As volumes of Big Data increase, the ability of a business to take advantage of it will be a strategic advantage. By making decisions faster than competitors will be key to survival. The CIO needs to understand HOW decisions are made and put the ducks in a row to get the right data, get the right tools, and, most importantly, present to management in a way that is USEFUL. I have picked a few key issues to discuss.
When’s the last time you faced something truly disruptive in your business? Could it be as far back as when Al Gore invented the Internet? Or maybe something more recent, like smartphones unleashing the omnichannel consumer on your industry? Well, there’s something peeking over the horizon that could blow all of them away. It’s the interconnected world of the future called the Internet of Things (IoT), and it’s gaining momentum.
The more I read about how smart items are evolving, the more I'm convinced that the supply chain needs to be at the front of the line in devising strategies for dealing with, enabling, and making use of these technologies. The triad of technologies that I see most important to the efforts are digital tags, 3D printers, and mobile communications.
The IoT (Internet of Things) is getting closer all the time. Of course it's easy to think about connecting your thermostat (already done), your refrig (already done) and your TV (also already done). But that's just the tip of the iceberg. Two of the main stumbling blocks to proliferation are price and size. But that's about to change in a big way, paving the way for the replacement of RFID devices as supply chain management tools.
We're constantly seeing new uses for big data. So much so that it's not even necessary to describe what the term means. Is the use of huge amounts of amorphous data making us better at our work, or is it adding layers of abstraction over the realities of the world?