News (3594)
Businesses Lack Risk Management Plans
When a disaster hits, it's great to have detailed continuity plans in place to mitigate its effects. Unfortunately, according to Gary Barraco on the Manufacturing Business Technology site, a large percentage of businesses don't have risk mitigation properly prioritized.
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The Importance of IoT Standards
Leave it to The Atlantic magazine to provide a different take on the Internet of Things (IoT). Using recent examples, Bruce Schneier points out how companies getting into the IoT business can inadvertently, or purposely, lock out certain products by using or abusing standards.
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Getting Started on Metrics
It's important for supply chain managers to identify trends and appropriate metrics to use for budgeting and evaluation purposes as we begin the new year. We're lucky that Lora Cecere, the Supply Chain Shaman, has already produced a bunch of data for us based on discrete industries.
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More Supply Chain Predictions for 2016
Is it too late for another article with supply chain predictions for 2016? I think not.... The key players at the Strategic Sourcer site have compiled their best guesses for the new year and they seem pretty solid.
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A Different Talent Management Approach
As the unemployment rate continues to drop, it's becoming even harder to identify and develop talent in the supply chain. A recent paper by Charles Dominick summarized on the Sourcing Innovation site looks at 'traditional' talent management in the procurement arena and discusses why a different approach may make more sense.
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The Year of Omnichannel
2015 may well be considered the Year of the Omnichannel Consumer. According to research from several sources reported on the PYMNTS site, changes in supply chains and in the purchasing process of retail buyers from beginning to end resulted from the omnichannel revolution.
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Learn About IoT Here!
Since the Internet of Things (IoT) is dependent upon several different technologies, it's tough to find a 'one-stop shop' to learn more about it. Thanks to the folks on the ZDNet site, we at least have a list of learning resources now available to us.
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Robots to the DC Rescue
Do you have a lot of 4D jobs (dumb, dirty, dull, dangerous) jobs in your DC? If so, Ben Ames says that advances to the technology have made robots indispensable to those types of tasks.
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Putting Excel Out to Pasture
We've all used Excel for quick and dirty analysis, but did you know that some pretty large supply chains depend on it a little too much? That's not necessarily all bad, but the tool does have limitations that need to be considered.
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Machine Learning on the Rise
Remember when artificial intelligence was all the rage a few years back? Well, with IoT, robotics, big data, social media, and autonomous vehicles all over the news, it should be no surprise that Machine Learning (ML) is being touted as a coming attraction.
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