How Smart CEOs Leverage Supply Chain!

Being a CEO is tough enough, let alone how difficult it is if you don’t have all of the skills and knowledge needed.. Many CEOs have a background in Finance or Sales and Marketing or Engineering, or are just entrepreneurs. But few have in-depth experience in Supply Chain, let alone understand how to leverage Supply Chain.

The truth is that the overwhelming, but often misunderstood and underrated, impact of Supply Chain’s importance to the success of an organization is missed and unknown to many CEOS.

Only truly smart CEOs get it. They get the importance of Supply Chain and understand that they will succeed or fail depending on how they do, or do not, leverage Supply Chain.

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A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. We are all instructed to keep 6 feet apart from anyone, wear masks, and avoid any social gatherings and don’t touch. How does this relate to a Don’t Touch Supply Chain strategy?

Even with social distancing, the global lockdowns, temporary closures of many businesses and disruptions of economies everywhere there are still Supply Chains in action, as disrupted as they may be.

Truckers are still moving goods to points of consumption and essential services such as grocery stores are still in operation, providing the basic goods we all need to live. Everyone involved in these Supply Chains is abiding by the social distancing and protective mandates we all are adhering to.

How can Supply Chains be changed in the future to make them more robust and resilient and less disrupted by any future catastrophes, and god forbid, a future pandemic?

One approach is to develop and deploy Don’t Touch Supply Chain strategies!

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Our 2021 Top 10 List!

In the middle of our 5th year here at Supply Chain Game Changer we are proud to publish our 2021 Top 10 List. Here we are showcasing our 10 most popular articles for the first half of the year.

Since we’ve started we have amassed an extensive library of over 750 articles. There is something for everyone no matter what your interests, challenges and needs may be from one day to the next. And that fulfills our mission of sharing experiences and expertise for the benefit of all.

Still there is always more to right about to help our readers.

So let’s take some time to reflect, and look back on our 2021 top 10 list … so far!

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Harnessing the Power of ChatGPT and AI in Supply Chain!

In the era of digital transformation, organizations are constantly seeking innovative solutions to enhance their supply chain management (SCM) processes and create the Digital Supply Chain of the future.

One such revolutionary technology is ChatGPT (Generative Pre-trained Transformer), powered by Artificial Intelligence (AI). ChatGPT, developed by OpenAI, is a sophisticated language model that can understand and generate human-like text.

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Modernization is not Digital Transformation!

I recently had the privilege of attending a program at MIT’s Sloan School of Management about Organizational Design for Digital Transformation. My curiosity on the topic, inspired by the daily barrage of articles, emails, white papers, and webinar invitations on digital transformation, piqued my desire to get to the bottom of what it is or isn’t by way of an informed, expert source.

I must say, MIT opened my eyes to another way of thinking.

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Cyber Security: The Weakest Link is Your Biggest Risk!

We all know how important cybersecurity is now that technology powers commerce in such a significant way. But if you perform work as part of a supply chain, you know that the stakes are especially high with cyber security the weakest link.

Given that you’re part of a network of providers, vendors, transporters and managers, the impact of the weakest link in the supply chain cybersecurity “chain of custody” can be significant.

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Why Satellite Solutions are a Game Changer for the Maritime Industry!

For all those in the shipping industry, satellite solutions can significantly assist in all areas of coordination. No matter what sector of the merchant shipping industry you are a part of – dry cargo to tankers, container shipping to smaller coastal tonnage or specialised units – satcom for maritime shipping solutions are crucial if you are going to keep your ship connected to the shore. 

Read on to learn why state-of-the-art satellite solutions are a game-changer for the maritime industry.

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How Data Science Will Drive Business!

In recent years, data science has become increasingly important to organizations across all sectors. Data Science will drive business. Businesses are already utilizing various data science approaches, such as predictive analytics, natural language processing, and machine learning, to learn more about their operations and customers.

Invest in your future and become a highly sought-after data professional with an industry-leading Data Science Training.

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Unlocking Financial Potential with Cloud-Based Digital Wallet Platform!

Traditional payment methods are becoming time-consuming and expensive, making it challenging for aspiring companies to break into the finance industry. However, there is a game-changing solution: cloud-based digital wallet platform.

With this software, businesses can launch faster, operate more cost-effectively, continuously innovate, and conveniently pay as they go.

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Global Trends Impacting the Supply Chain Industry!

The supply chain industry is going through rapid changes due to global trends that are reshaping its landscape. Key trends are mainly in digital transformation, which influences technologies such as, AI, machine learning, and blockchain for productivity and transparency.

Sustainability has become pivotal because the  companies adopting greener practices to reduce environmental impacts. The rise of e-commerce is pushing for faster and more flexible delivery solutions, while global disruptions, for example, pandemics and geopolitical issues which highlight the importance of resilience.

Adapting to these trends is important for businesses to enhance efficiency, maintain customer satisfaction, and stay competitive in an evolving global marketplace.

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Artificial Intelligence in Energy Management! (Infographic)

When you think of Artificial Intelligence, or AI, you might think of freaky, futuristic robots.  However as Fuel Fighter has found in its recent research AI is far more helpful than this futuristic, obscure and seemingly distant perception suggests. Artificial Intelligence in Energy Management is quickly becoming a part of our Energy industries, helping to develop more efficient and safe energy production techniques.

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Technologies Reshaping the Digital Supply Chain!

In our ongoing technologies series, we have concentrated on the Informational and analytical innovation applications which are reshaping digital supply chain technology as we know it. Namely Blockchain technology, IoT, ( The Internet of Things ), supply chain digitization and 3-D printing.

These technologies are the breakthrough supply chain software applications which are fueling supporting technologies, some of which we’re going to explore today.

So let’s examine some of the Digital Supply Chain applications that are more hardware based like drones, driver-less vehicles, robotics, smart glasses and augmented reality.

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Maritime Industry in Search of Blockchain Orchestrator!

A current topic of focus in the maritime industry technology space is Blockchain and how it is going to transform commercial operations.

The Blockchain platform is a distributed ledger which records transactions between parties in a verifiable and, most importantly, permanent way by using a cryptographic hash.

When all major parties approve and implement a single blockchain system, then the entire commercial channel would be transformed into a super rapid, secure and totally digitalized environment.

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Automated Vehicles – An Update!

Though field testing for automated vehicles has been relatively successful some hurdles to full implementation remain.

Namely, consumer acceptance and comfort in riding in these vehicles. Also, alarming is the idea of an 80,000 lb commercial tractor-trailer rolling down the interstate on autopilot.

Additional concerns include who will be servicing these vehicles and the threat of domestic terrorism by system hacking. 

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Application of Web Based Technology to Improve Supply Chain!

Web based technology supports the logistics of operations, internal or production. Logistics can be understood as that activity that is responsible for the movement and storage of materials, components and intermediate products throughout the production process, in order to allow the fulfillment of objectives of continuity, order and cadence of the production function.

Since the appearance of the first computers, information systems have been introduced in companies as a powerful tool to optimize and improve their management. Such introduction of information systems was progressive, evolving according to its area of ​​application in the company and the existing technology at all times.

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