Tag: Digital Supply Chain

The Digital Supply Chain is the future.  Digital technology in application will define Supply Chain for decades to come.

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents!

The Digital Supply Chain road, or Supply Chain 4.0, is the path to the future.

Enabled by highly publicized technologies such as Blockchain, Big Data, the Internet of Things, Autonomous Vehicles, Cloud Computing, Artificial Intelligence, Virtual/Augmented Reality, 3D Printing and more the Digital Supply Chain holds great promise and exciting opportunities.

But even with established technologies the road to implementation can be challenging to say the very least.

As you are developing your Digital Supply Chain strategies it is important to understand, consider, and account for the inevitable problems and obstacles that will test your resolve and your leadership.

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Breaking Down the Latest Trends: Supply Chain Shifts in the Business World Today!

The Supply Chain Renaissance Has Begun!

The modern business landscape is dynamic, constantly evolving in response to technological advances, geopolitical shifts, and consumer demands. One area that’s seen a significant transformation in recent years is the supply chain.

As the backbone of global commerce, understanding its shifts is crucial for any business professional. Below, we dive deep into the major supply chain shifts and trends shaping the business world today.

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Magnetic Coupling 101: Enhancing Warehousing and Logistics!

What is the Digital Supply Chain?

Magnetic coupling is transforming warehousing and logistics by making processes faster, safer, and more efficient. This technology helps connect two objects using magnetic fields rather than physical links, which can improve the flow of goods and reduce the wear and tear on machinery.

In warehousing and logistics, magnetic coupling is increasingly valuable, especially as companies seek better ways to handle high demand and streamline operations.

But how exactly does it work, and what benefits does it bring? Let’s explore how magnetic coupling can enhance warehousing and logistics systems and why it’s becoming a key part of modern operations.

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The Reactive vs Proactive Supply Chain! Which Will Prevail?

Confessions of a High Priced Expediter!

Anyone who has worked in Supply Chain knows that problems will arise anytime, anywhere and anyhow. These problems will require quick reaction, expediting, firefighting, long hours and sleepless nights.

Certainly the disruptions caused by the pandemic have made reactive Supply Chain operation the norm in virtually every industry and every geography.

How much of this reactivity could have been, or can be, avoided through the implementation of more robust Supply Chain strategies? After all wouldn’t you prefer to work in a more strategic and less frantic organization?

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Benefits of IoT in Supply Chain!

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents!

The Internet of Things (IoT) is a network of physical devices and objects that are connected to the Internet and sometimes each other. This is a network that’s getting bigger and bigger every day given the benefits of IoT.

They are connected via sensors and they can collect and exchange information about how they’re used and what’s around them. IoT is poised to have a big impact economically and socially, so this article will outline the benefits it has on supply chain management. 

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Tips for Mitigating Risk During Your Firm’s Digital Transformation!

The Digital Supply Chain Journey: Step 2 – Digital Transformation Leadership!

The future of business is digital. It empowers companies with more capabilities, facilitates more meaningful interactions between corporations and customers, and hastens important processes. 

However, digital transformation doesn’t come naturally. All these techniques and integrations must be integrated into your business with precision. Any mishaps can have far-reaching consequences, and you could set your company back rather than advance it forward if you fail to prepare properly and in mitigating risk. 

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Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson!

Imagining the Supply Chain of the Future!

Mike Mortson was recently interviewed by Oracle as a part of the Oracle Global Supply Chain Influencer program. This article was posted on the Oracle Supply Chain Management blog.

Supply chain professionals are hiking their spending on supply chain innovation—substantially. Ninety-five percent said they plan to spend more this year than last, and 60 percent will spend more than $1 million over the next two years on disruptive technologies such as robotics, automation, predictive analytics, artificial intelligence, and the Internet of Things (IoT). 

As digital transformation confronts supply chain leaders, Oracle caught up with Mike Mortson of Supply Chain Game Changer to discuss the current state of the supply chain technology landscape—including how the easiest path forward, in many cases, may involve embracing a supply chain-as-a-service model to benefit from cutting-edge technologies and first-rate digital supply chain management skill sets.

Here is the Oracle interview with Mike Mortson.

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Critical Infrastructure Planning Guidelines for Supply Chain!

The Electric Vehicle Charging Station Infrastructure!

Over the years, digital disruption has become a norm for all industries, and supply chain businesses are not an exception. Technology has changed the entire structure, right from internal communications to physical operations to infrastructure planning.

Things are only going to get bigger and better in the future, with digital innovation poised to take over the sector. Right now, it is important to have the right technology infrastructure for your supply chain business so that you can make it future-ready.

Whether you are planning to start from scratch or looking to revamp the existing infrastructure for your business, here are some guidelines to help with your infrastructure planning.

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Digital Procurement Improves Supply Chain!

Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson!

The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. 

Some of the most notable areas where world-class procurement organizations outperformed the “peer group” were increased operating efficiency and how more effective they were at delivering their services to both, internal and external customers.

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Defining the New Normal in Supply Chain! What’s Normal Anyways?

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

The Coronavirus pandemic has upended almost every aspect of our personal and business lives. And now we hear talk about this “new normal”.

The economic and personal turmoil has been unprecedented. But with uncertainty around the future spread of the Covid-19 virus and uncertainty about the arrival of some kind of vaccine there is increasingly talk of a new normal.

A new normal implies a significant change from our ways of living and doing business as compared to how we lived and worked before we heard of the Coronavirus.

What is this ‘new normal’ state?

And what is the new normal in Supply Chain?

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A Cognitive Control Tower Will Enable Actionable Visibility!

The Control Tower – Is Yours Real or Smoke and Mirrors?

 In my last article, I spoke about the hesitancy standing in the way of multi-tier visibility. But once you have that visibility the journey has only just begun. The end result will require you to have a Cognitive Control Tower.

The next immediate question becomes: what will you do with what is revealed to you? How will you act on what you see? From a solution perspective, you can think of the need as “actionable visibility” – often referred to as a Control Tower.

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What is the Digital Supply Chain?

Digital Supply Chain Overview! (Video)
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All of the technologies that we hear about every day, from Blockchain to Virtual Reality, have many areas of applicability in both our personal and business lives.

But in the area of Supply Chain, which truly spans the entire operations of most any company, these technologies provide the platform to totally redefine how the work of Supply Chain is conducted every minute of every day.

In the simplest terms we are entering the age of the Digital Supply Chain!

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How a Collaborative Network Will Change the Construction World!

What is the Digital Supply Chain?

A Digital Collaboration Platform built specifically for the Heavy Construction industry will change the world by helping companies save thousands to millions of dollars on their construction projects, along with reducing the carbon impact, eliminating waste, and saving lives.  

Using supply chain collaboration technology, construction firms will see meaningful productivity gains. As construction in the US is a $1.27 trillion annual business, a very modest 3% productivity gain would translate into an industry created $40B stimulus package.

These unlocked resources, for example, could build over 2,500 new elementary schools each year or be invested in other US infrastructure projects like thousands of miles of new 4-lane highway or tens of thousands of Interstate roads being resurfaced.

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Supply Chain and Procurement in the Digital Age!

The Supply Chain Renaissance Has Begun!

If your supply chain is more visible, you can halt minor issues like order mistakes or project delays and react to problems more quickly. If you want to increase the efficiency, reliability, and robustness of your firm’s whole supply chain, having rapid and easy accessibility to that sort of knowledge is essential.

This is the future as Supply Chain and Procurement enter the Digital Age.

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The Digital Supply Chain Journey: Step 3 – Electronic Connectivity!

The Digital Supply Chain Journey: Step 2 – Digital Transformation Leadership!

The Digital Supply Chain is the future. The Digital Supply Chain involves the real time awareness of everything going in throughout the end-to-end Supply Chain, enabled by electronic connectivity and the automated presentation of information and analytics to inform and make the best possible decisions.

The real time awareness and linkage that enables the Digital Supply Chain journey is based upon the electronic connectivity of every node, every process, every entity, every movement and every aspect of that end-to-end Supply Chain.

Electronic connectivity is THE backbone that makes the Digital Supply Chain a reality. It is the next step on this incredible journey.

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