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Think Tank
Data Management (Big Data/IoT/Blockchain): Page 114
Survey Says: It’s Not Your Dad’s Supply Chain Anymore
Companies adopting an intelligent operations strategy to manage their supply chains will be in the best position to succeed in the future — if they have the right talent.
Collaboration 4.0: The Digital Revolution
As companies digitize and integrate their enterprise and implement advanced analytics, they are learning that collaboration is the key to market leadership. Collaborative channel relationships are transforming the buyer-seller relationship from transactional to strategic. Working together to integrate and share process information, partners experience performance improvement by focusing on the least landed cost at every point in the channel versus leveraging price. Regulatory compliance for track, trace and authentication can only be realized through digitization. -Rich Sherman, Senior Fellow, Supply Chain Centre of Excellence, Tata Consultancy Services
How Industrial IoT is Disrupting Supply Chains
Research into the "industrial" application of the Internet of Things finds unequivocally that IIoT is transforming supply chains. Most of the implementations have been by early adopters trying to get an advantage over their competitors. Projects have a number of different objectives, but typically fall into: more efficient operations; improved customer experience; or new revenue opportunities. -Dan Roberts, Senior Consultant, Cambashi Limited
The New World of Business Analytics Offers Promise for Supply Chain Leaders
Companies are drowning in data, but are low on insights. Exciting advances in analytics are opening up new opportunities for supply chain teams. The challenge is that it means charting a new path and defining new processes to take advantages of new capabilities. The path forward means charting a new direction. It is not an evolution. –Lora Cecere, Founder, Supply Chain Insights
How Big Data is Revolutionizing Six Sigma Application in Manufacturing
The digital revolution is well underway and big data is no longer just a buzzword found in journals. Instead, data and the direct application of that information is being used to advance manufacturing around the world. This change is revolutionizing the way we look at Six Sigma approaches and application. -Melissa Hadhazy, Associate Partner, Infosys Consulting
A Guide to the World of Augmented Reality
Reality, as we know, can be virtual. It can also be augmented.
Will Advanced Analytics Leveraging Digital Technology Be An Extinction Event?
With the emergence of new digital technologies such as Mobility, Big Data, Internet of Things, Cloud, Business Intelligence/AI, Machine Learning, etc., new and more abundant sources of data are available to improve supply chain planning and execution. Advancing in analytic maturity is the most significant competitive lever in the history of business. Why? Time. Advancing in analytics maturity takes time that many companies aren’t able to make up in a market race. -Rich Sherman, Senior Fellow, Supply Chain Centre of Excellence, Tata Consultancy Services
Opinion: Smaller Manufacturers Can’t Afford to Dismiss the IIoT
Almost four of every five manufacturers and distributors still have no plans to implement IIoT technologies. They’re making a mistake.
Solving the Problem of 'Too Much Data'
Conversations with supply-chain executives about how companies can swim in the sea of big data without drowning in it.
Blockchain Could Revolutionize the World of Supply Chain Management
Blockchain, the technology underlying bitcoin, has some challenges to overcome. But the potential applications are so compelling, supply chain managers should quickly learn more about it and begin to conceptualize how it can be applied to their businesses.
'Is It Shoplifting If It’s Not the Customer’s Fault?': Amazon Go Raises Questions for the Retail Industry
“Just walk out,” say the signs at the entrance and store windows at Amazon’s newest concept store. “No lines. No checkout. (No, seriously.)”
Blockchain: So Much Bigger Than Bitcoin
From voting to healthcare, music to energy production, blockchain may just change the way we run our lives.
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