News (3587)
Technology and the Supply Chain
The key question on how technology adds value to the supply chain process is addressed by Trevor Miles in a recent article on the 21st Century Supply Chain site. Although ERPs and planning modules have been available for years, their value often comes under attack.
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How IoT Will Affect Supply Chains
In an expert commentary on the Supply Chain Digest site, Prasad Satyavolu paints an exciting picture of what a truly connected supply chain may look like when the Internet of Things (IoT) is built out. Stuff we dreamt about in the past may actually be available.
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Using Virtual Inventory
As competition heats up in the omnichannel marketplace, big retailers are learning to extend their offerings to compete with the Amazons of the world. They're using 'virtual inventory', an approach that gives them some real capabilities.
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Supply Chain Security Recommendations
Supply chain risk mitigation requires a focus on security. It's not just data security, but extends to all other processes as well. Philip Odette, on the Manufacturing.net site, provides a list of 7 major areas to address.
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Sustainability and Lean
Ariella Brown, on the EBN site, summarizes a recent interview with a Lean specialist on the topic of sustainability. Although you may not connect sustainability and quality efforts in your mind initially, there are many correlations and opportunities.
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IoT Moves Forward Despite Challenges
The Internet of Things (IoT) is moving ahead, but challenges exist and the there's a risk that its real value won't be realized for quite awhile. There are lots of issues that need to be addressed across all the different aspects of IoT, but in the meantime it's full speed ahead.
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Omnichannel Adjustments
The supply chain's response to omnichannel customer behavior varies all over the place, but research is in play that ought to provide information that's more specific. On the Logistics Viewpoints site, Clint Reiser begins a review of the data.
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Time to Reassess
In today's dynamic business environment, it makes sense for supply chain managers to constantly reassess and modify their strategies. What they focus on and how they prioritize their improvements varies greatly by company and industry, though.
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Big Data Definitions
On the Forbes site, Gil Press attempts to provide some clarity to the definition of Big Data. Well, I'm not sure how adding a few more will help, but it's interesting to read his thoughts on the subject.
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Omnichannel Impact on Manufacturing
The omnichannel consumer is proving to be a challenge across the supply chain. But think about how manufacturers can also be affected. It's no picnic for them to meet this evolving consumer demand.
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