News (3587)
Standards and the IoT
In an article on the EBN site by Art Swift, we learn about some of the many challenges supply chains will face as the Internet of Things (IoT) scales up. There will indeed be hardware and software costs to be manged, but standards is still an open issue that must be addressed.
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Looking For a Hot Job?
You probably won't see jobs in procurement or the supply chain on any of the 'hot jobs' lists that are produced throughout the year. Those in the real business world, though, realize that these areas are indeed growing and now is the perfect time to get involved.
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The Re-Shoring Trend
We've read quite a bit recently about 're-shoring', or moving manufacturing back to the US from overseas. Surprisingly, one technological advance of recent years has been a contributor to this trend.
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Spread Excellence Through Your Supply Chain
Dr. Michael Watson, on the Supply Chain Digest site, cherry-picks some key recommendations from the recently published 'Scaling Up Excellence' book on how to spread great ideas through your supply chain. He's read the book so you don't have to (although it looks pretty interesting, so you may want to check it out as well).
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Big Data Questions
We're all over the place on Big Data as it proceeds through the hype cycle. On the Wired site, Simon Moss takes a shot at telling us where it's valuable and where it may not be.
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Outsourcing Procurement?
Outsourcing has affected departments and industries across the board. But when you look at outsourcing, it's a slightly different animal. Other considerations besides cost need to be taken into account.
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Keeping it Simple
Complexity is bad, simplicity is good, right? I think we'd all agree that finding ways to simplify your processes, technology, and communication is a lofty goal.
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Omnichannel Inventory Changes
Optimizing inventory for an individual channel is a real challenge, especially in the apparel industry. When you layer on the demands of the omnichannel consumers, it increase complexity immensely.
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Valuing IoT
The IOT (Internet of Things) train continues to chug along. It's not just a buzzword, though- real, quantifiable value is being created.
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Improve Your Chances of Project Success
Lora Cecere, the Supply Chain Shaman, provides some interesting statistics on the success rate of IT projects in a recent post on her site. Looks like your chances of meeting objectives are roughly a coin flip.
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