Why ERP and PLM are No Longer Standard SCM Software!

For decades, forward-thinking supply chains were defined by how robust their investments into Enterprise Resource Planning (ERP) and Product Lifecycle Management (PLM) was. In the early days of supply chain digitization, these SCM software systems provided increased visibility and data pools to improve supply chain operations.

As time has gone on, antiquated ERPs and PLMs have become a drain on supply chain resources and a bottleneck to scalable digitization. As we look forward to the next-generation of the digital supply chain, businesses will need to invest in configurable supply chain management platforms to unify their current tech stack or displace investments into legacy systems.

Let’s define these three terms to create a clear understanding of what each system includes.

Continue reading “Why ERP and PLM are No Longer Standard SCM Software!”

The Coming Evolution of the Digital Supply Chain!

The evolution of the Digital Supply Chain, the broad concept that cloud-based systems, analytics and monitoring of goods, vehicles and other assets via the Internet of Things will improve the way supply chains run, is a major concern for many logistics organizations today.

We know its coming, but how many have a clear understanding of the technology and its applications? Similar terms like digitalization or Industry 4.0, digital supply chain management spans multiple technologies and includes its fair share of buzzwords but how will it all work?  How will the evolution of the Digital Supply Chain occur?

Continue reading “The Coming Evolution of the Digital Supply Chain!”

Top 10 Supply Chain Consulting Firms in the World!

Supply Chain is a challenging, complex and difficult field. Not only that but its success or failure will determine the simultaneously determine the success or failure of any and every organization.

Whether a company is big or small, and whether they are dealing with tactical or strategic issues, the enormous importance of Supply Chain means that companies often need to reach out for external expertise to help them address these challenges.

In that vein, here are our list, and the lists of others, of the top Supply Chain consulting firms in the world to help anyone on their journey.

Continue reading “Top 10 Supply Chain Consulting Firms in the World!”

The Internet of Things (IoT) – Welcome the Digital Supply Chain!

Over the last 5 years there has been an explosion of smart and connected devices. Gartner is predicting that by 2020 there will be 37 Billion connected devices and more than 4.3 Zetabytes of data generated by these devices.  The Internet of Things (IoT) is well upon us!

Quick adoption of health devices like Fitbit and smart thermostats such as Nest are bringing more and more connections and opportunities into the consumer world. As such many home appliance and consumer goods companies are looking at how they can take advantage of this trend and transform their interaction with their consumers and customers.

In order to understand how this is starting to evolve and how it will impact and change the digital supply chain, let us consider 4 user cases that are emerging with early adopters in this space.

Continue reading “The Internet of Things (IoT) – Welcome the Digital Supply Chain!”

Digital Supply Chain Predictions!

SC Viral The Pandemic Diaries

Digital transformation is now the overriding priority for most manufacturers and retailers, with the adoption of digital technologies aimed at improving efficiency and effectiveness in the shorter term while providing the opportunity to grow a leaner operational protocol in the future.

The focus is definitely on the efficiency of operations relating to technological applications. The big question is; are you ready? If not, perhaps we can help.

Here are some interesting predictions from a reputable international research firm, IDC, which highlight key areas of technological applications regarding the impending digital revolution of the international supply chain.

Continue reading “Digital Supply Chain Predictions!”

The Reality of Automation in Procurement!

The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes. But there is the reality of automation in Procurement.

Continue reading “The Reality of Automation in Procurement!”

Digital Transformation Technologies and Predictions!

According to a recent survey conducted by Forbes Insights, 65% of logistics, supply chain and transportation executives acknowledge the necessity to revamp existing models and add flexibility to business operations in order to ensure omnichannel delivery, reduce costs and meet the ever-shifting consumer demand. through digital transformation.

In fact, 72% of enterprises involved in planning, executing and monitoring the flow of products from the point of origin to the point of consumption consider improved customer experience the key benefit of business transformation.

The path to increased operational efficiency and customer satisfaction lies in the digitalization of logistics workflows.

Continue reading “Digital Transformation Technologies and Predictions!”

Amazing Examples of 3D Printing Technology!

3D printing technology is not new.   Its been present for two decades now.  But this technology is so broad, immersive and innovative, people are continually stretching the limits of 3D Printing and continuously discovering more interesting and more challenging things with its application.

From developing an artificial human body part to manufacturing a fully-fledged supercar prototype, it’s assured that this is the most innovative and cutting-edge technology we have discovered to date.

Continue reading “Amazing Examples of 3D Printing Technology!”

The 5 Big Benefits of the Digital Supply Chain!

What’s the core difference between today’s supply chain and benefits of the digital supply chain?

Look down at your desk. What do you see? If you see paper, pen, and a computer, you see the typical, modern supply chain.   If asked, could you provide the latest information on your current automation, key performance indicators, data, use of IT applications, and finance government?

The chances are good that much of this information is stored digitally. However, you would probably need to look through some of the physical, tactile paperwork to find all of the information.   Also, is the information stored only your computer or a server? Now, how long is that going to take you?

Continue reading “The 5 Big Benefits of the Digital Supply Chain!”

How AI, Machine Learning and Automation Will Impact Business!

We are living in exciting and innovative times with futuristic technology literally at our fingertips to impact business. But for the longest time, small to medium sized businesses were not serviced by the latest tech trends enterprises have been able to benefit from. That is, until now.

In this article, we’ll explore these technology trends and how they will impact business in the future.

Continue reading “How AI, Machine Learning and Automation Will Impact Business!”

Digital Twinning of Supply Chains!

This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. Current practices of Digitization, e-shopping and industry 4.0 have disrupted the market which is embarking for a revision of managed processes, policies and outcomes that may have once served the business well but are now being challenged at the fundamental level.

Any supply chain has complications which creates difficulty in making changes in a piece of the value chain – a balance is required in supply chain orchestration through digital transformation.

Continue reading “Digital Twinning of Supply Chains!”

5 Steps Towards Digital Supply Chain Transformation!

Here we present five important steps for all individuals that are interested in digital supply chain transformation to help you attain success despite the numerous challenges that you are likely to experience. 

In a digital supply chain, the different foundations are created using web-based elements. In the current generation, most systems are hybrid, which means that the supply chain systems utilize a mix of IT-enabled and paper-based systems.

Continue reading “5 Steps Towards Digital Supply Chain Transformation!”

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.

Continue reading “The Digital Supply Chain Road is Full of Potholes, Construction and Accidents!”

Will Driverless Trucks Ever Gain Traction?

Self-driving vehicles (driverless vehicles) are being tested throughout the world, with technology companies focused on bringing greater efficiency and profitability to the freight business.

Heavy hitters, including Uber with its recent purchase of Otto, and Tesla with its initiatives for autonomous driving platforms, have made waves throughout media outlets and investor groups alike.

However, driverless trucks have yet to gain full traction in the broad market for a variety of reasons.

Continue reading “Will Driverless Trucks Ever Gain Traction?”

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

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.

Continue reading “Breaking Down the Latest Trends: Supply Chain Shifts in the Business World Today!”