SupplyChainBrain | SupplyChainBrainAnalyst Insight: Variously called Industry 4.0, the Industrial Internet, or simply digitization, the emergence of machine-to-machine interactions, human-to-machine interactions, robust data and analytics capabilities, and cheaper, more ubiquitous sensors is pushing the Internet of Things (IoT) into the core operations of more and more companies. Among the business operations especially ripe for transformation by digital and IoT capabilities is the "smart" supply chain. – Eduardo Alvarez, Principal, PwC, and Rodger Howell, Principal, PwC March 6, 2017
Analyst Insight: In today's rapidly changing technology and business environments, companies need agility and preparedness to make swift, profit-enhancing strategic and operational decisions. One powerful way to facilitate this is by using finance and risk analytics in the supply chain. Today few companies have enterprise-wide, cross-functional analytical capabilities, but leaders across most industries are developing their understanding of these valuable analytics. They realize they possess a tremendous amount of untapped data and they want to leverage the data with better analytics to optimize the supply chain and contribute more meaningfully to the business discussion. – Bob Bishop, Principal, PwC; Glen Goldbach, Principal, PwC; and Corey Gallon, Director, PwC March 3, 2017