The Supply Chain Control Tower! An Assessment!

The concept of the “control tower” is increasingly becoming widespread in  Supply Chain Management, and Control Tower technologies are a popular topic right within the supply chain community. Every research firm and vendor has their own definition, but all share the common theme of visibility.

A supply chain control tower system is an attempt to make the outside supply chain environment visible to the enterprise, with “end-to-end” visibility being the Holy Grail.

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Foundations of a Digital Ecosystem: Blockchain Bedrock!

In the digital age, businesses and industries are increasingly interconnected, forming complex networks known as digital ecosystems. These ecosystems rely on robust technologies to function efficiently and securely.

One such technology that has emerged as the bedrock of digital ecosystems is blockchain. In this article, we will delve deep into the foundations of a digital ecosystem, exploring the fundamental concepts of blockchain technology and its pivotal role in shaping the digital landscape. 

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Can Blockchain Unblock Supply Chain?

When people hear about Blockchain technology they think of “Bitcoin” and because of this association – The underlying Blockchain technology has been always been viewed suspiciously due its rather radical approach to data sharing on an open platform using cryptography. Can Blockchain unblock Supply Chain?

However the application of the Blockchain technology itself is not just limited to digital currency as the technology can be used for open collaboration for any information across almost any industry.

This article introduces the concept of Blockchain technology and discusses its application in revolutionizing the traditional supply chain processes which are often based on “multiple bilateral links joined together to form a chain” as opposed to the Blockchain which is based on the “formation of an open ecosystem for collaboration”.

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Digital Supply Chain Overview! (Video)

Here we provide the Digital Supply Chain Overview video for you.  Supply Chain 4.0 is the manifestation of the Digital Supply Chain as enabled by the proliferation of Disruptive Technologies that are permeating every aspect of our lives.

The Digital Supply Chain Overview video, created and published at Supply Chain Game Changer, is focused on the Digital Supply Chain, or otherwise called Supply Chain 4.0, because of its profound impact in defining the Supply Chain of the Future!

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

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!

 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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Digital Transformation of SCM and Change Management!

Ah yes, the sweet smell of change is in the air. The digital transformation of SCM (supply chain management), more specifically procurement and sourcing functions, is becoming a part of the new normal in business.

Organizations are beginning to hop aboard the technology train en route to their end destination: Innovation City and Top-Line Value Ave. .

Along the way, there will be barriers to a smooth journey, but taking incremental steps towards change will allow organizations to overcome challenges.

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What is the Digital Supply Chain?

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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Celebrating the 40th Anniversary of Supply Chain Management! (Or is that 4,000 years?)

In 1982 Keith Oliver is credited with coining the phrase “Supply Chain Management”. As I began my career in 1982 I can attest to the fact that the term Supply Chain was not in general use at that time. In fact it would be many years before anyone started to hear that phrase being widely used.

So it is appropriate that in 2022 we look back at the last 40 years. But in reality all of the functions and responsibilities that constitute Supply Chain Management have been around for thousands of years.

Let’s take some time to celebrate the 40th anniversary of Supply Chain Management!

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Suuchi Interviews Mike Mortson on the State and Future of Supply Chain! (Podcast)

Recently Mike Mortson had the tremendous privilege of being interviewed by Suuchi (suuchi.com). Suuchi has created an intuitive end-to-end solution for supply chain processes, dedicated to being the solution for a digitized future.

Here at Supply Chain Game Changer we strongly believe in the future being defined by the Digital Supply Chain. While it will take time, and in many cases a long time, for people to understand this future state let alone develop the vision, strategies and action plans to make this a reality, the Digital Supply Chain is inevitable.

As such the opportunity to be interviewed by Suuchi, whose mission is to “democratize access to a digital supply chain for all supply chain participants” presents a great meeting of the minds.

Here is our podcast interview with Irina Kapetanakis, VP of Marketing at Suuchi.

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How a Collaborative Network Will Change the Construction World!

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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The Next Generation Supply Chain is Cloud Computing!

We’re going to take a look at cloud computing and how it integrates all supply chain technologies. Cloud computing has been around for a while but growing in popularity and integration.

All data will eventually reside in the cloud. Let’s be sure we understand what the cloud is. The cloud refers to software and services that run on the Internet, instead of locally on your computer.

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How Blockchain Helps Improve Supply Chain!

Supply chain management has witnessed a growing blockchain application in recent times. Zion Market Research says that by 2028, the market for blockchain technology in supply chain management will be worth more than $3.1 trillion, growing at a rate of 51.3% per year.

This technology could make it easier for retailers, wholesalers, and financial institutions to work together by speeding up product delivery, lowering costs, and making it easier to track products.

Blockchain is thought to have a revolutionary effect and could change how supply chain management systems work. 

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Supply Chain and Procurement in the Digital Age!

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 Connection Between the Metaverse and Cryptocurrencies!

Metaverse is the next big narrative in the field of technological innovations and not just the blockchain industry. A lot of companies and business conglomerates are venturing into it, including Meta (Facebook), Google, Microsoft, etc. And as a result, you also must have come across metaverse coin news in the past year. 

The world as we know it is going to be highly digitized, and it will prove to be a revolution. But if you have ever wondered what exactly the connection is between the metaverse and cryptocurrencies. Then we have you covered as we bring you why metaverse crypto news is not to be ignored and which tokens can be the best investments in the metaverse. 

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