Inventions and innovations are the driving force of human progress, continually reshaping our world and propelling us into new realms of possibility. Throughout history, groundbreaking inventions and innovations have transformed the way we live, work, and interact with the world around us.
From the printing press to the internet, these revolutionary leaps in technology have had profound and lasting effects on society. As we stand on the cusp of a new decade, it is both exciting and challenging to speculate on what the next 10 revolutionary inventions are likely to be.
This article explores some of the most promising inventions and innovations and provide insights into what the future might hold.
The convergence of Artificial Intelligence (AI) in E-Commerce is underway. Further it has the potential for exponential dissemination across the Retail landscape in the future along with expansion of it’s applications and capabilities.
From playing a role in managing the Customer Experience to providing Buying, Replenishment and Fulfillment capabilities to analyzing the ever growing expanse of Big Data, Artificial Intelligence (AI) is here to stay in Retail.
There are many components of how Industry 4.0 is changing, some of which are not yet fully defined, or fully understood. Other components may emerge as technology is continually emerging. These new tools are sure to amplify the prospective results of Smart Manufacturing solutions.
There has been much learning from both the initial sales interactions and actual installations. In the sales cycles, providers of Smart Manufacturing components or integrators of complete 4.0 systems have encountered resistance.
Some of the push-back is driven by the fear of disruption of production, loss of revenue or customer dissatisfaction. Others are concerned about not attaining the “expected” ROI.
However, one of the biggest areas of resistance has to do with the workforce and the prospective impacts on company culture.
The foundations of any Digital Supply Chain is the real time, end-to-end electronic connectivity of every node and aspect of your Supply Chain. Unless your company is entirely self-sufficient this connectivity requires extensive and exhaustive Supplier Onboarding.
And this onboarding is not restricted to the first tier suppliers with whom you have direct contact. You must connect with second, third, and fourth tier suppliers, many of which you will often never have even heard of before.
And that is an enormous challenge, to say the very least.
As explained by Brian Barry of Multichannel Merchant, millennials make a growing cross-section of the American labor force. Ignoring this generation is impossible and attracting millennials in the supply chain is an even bigger hurdle.
Since e-commerce has flooded the industry with more orders and stringent delivery expectations, supply chain leaders must think outside the box to attract and retain the next generation.
In fact, millennials will make up more than 75 percent of the workforce by 2025, so it is time for supply chain executives and leaders to enact the changes necessary to guarantee success in both the current and future supply chain.
The supply chain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supply chain management.
This page will look at ways in which cloud storage has impacted the supply chain sector.
There have been countless times throughout my career where I was either a recommender or approver of significant IT projects. And, I must say, I have always experienced a prevailing attitude among senior management that these transformations are black holes and money pits, including a Digital Supply Chain transformation.
I believe many (if not most) companies still feel this way. Why? There is a litany of cautionary tales: From Hershey’s widely reported $100 million failed ERP implementation in 2015 to our own personal stories.
I’ve seen businesses engage consulting firms only to give up about six months in after slow progress and skyrocketing costs; I’ve witnessed first-hand how a $15 million project ballooned to $40 million before it was even finished.
Let’s talk about why this happens and what can be done about it.
Modern technologies are now used in all spheres of life. Education is not an exception to the rule. Using eBook learning in the classroom is becoming increasingly popular in many colleges and universities.
But are they the same as traditional paper books? Let’s discover the true benefits of learning with eBooks below.
Have you ever wondered where your favorite shirt, pillow, shoes, or snack came from? All of these products follow a supply chain and are tracked down along every step of it. From the raw materials’ origin and production of items to delivery and distribution—the entire process is no joke! Thankfully, blockchainis revolutionizing Supply Chain and can help make Supply Chains operations seamless and more efficient.
As we come to the end of our 3rd year here at Supply Chain Game Changer it is time to publish our semi-annual 2019 Top 10 List.
First we want to thank our readers. Our audience and reach continues to expand with Supply Changer now being ranked as one of the Top 20 Supply Chain blogs in the world and one of the Top 15 Procurement blogs in the world. Both are record achievements for us.
Second we want to thank our guest contributors. With dozens of writers and articles we continue to fulfill our vision of sharing expertise and experience from all over the world.
We thank you for your ongoing support and ask you to continue to spread the word about Supply Chain Game Changer. There is truly something of value for everyone no matter what challenge you are facing each and every day.
Here we present our Top 10 list for the second half of 2019. Enjoy!
Although additive manufacturing and 3D Printing for both plastic and metal materials has been around for years, the investment, developments, breadth of applications, adoption rate, and beneficial case studies are expanding at an extremely rapid rate.
New processes, materials, devices, design applications, are emerging every day. Now, there are cloud sites that store portfolios of designs, much like Pandora does for music. All of this is creating an amazing amount of opportunity creating more efficient supply chains, new product types, de-centralized manufacturing schemes, and easier approaches to mass-customization.
The phrase “Supply Chain Management” was first coined in 1982. The idea of a “Blockchain” was conceived in 2008 although the concept of a chain of blocks began as early as 1991, and use of the word Blockchain itself has only become popular in the last few years.
Blockchain has rapidly become a very widely used term, at first intended to describe the enabling technology platform behind Bitcoin. However as awareness and knowledge of the technology has been increasingly understood the words Blockchain and Supply Chain are more often used together.
As people become more familiar with Blockchain, and consider it’s applicability in their strategic Supply Chain plans, we thought it important to clarify how Blockchain and Supply Chain are different yet mutually supportive.
It generally takes quite a bit of convincing to get business leaders to sign off on a data analytics user experience initiative — especially when it involves upgrading from a legacy system to one offering the latest wave of advanced features.
Then it’s continually important to justify the initial investment by demonstrating how analytics are driving performance with factors such as reduced inefficiencies and increased revenue.
Far too many companies have deployed analytics systems with high hopes, only to find the results underwhelming. Why? Because employees weren’t adopting the tools made available for any number of reasons.
It’s not enough to have analytics available; your employees have to be willing and able to incorporate them into routine business decision-making.
Only then will enterprises experience the return on investment they’re hoping to see.