Rise of the Warehouse Robots!

Customer expectations are changing as new sales outlets are being used. With the application of social media, omni-channel and e-commerce customers now have more price options, selections, delivery methods and shopping experiences. The ability of a business to keep the customer satisfied greatly depends on fulfillment capabilities, such as with the use of warehouse robots.

Progressive businesses have realized the critical nature an operations strategy has on designing a working supply chain. Combining distribution and fulfillment operations into a single facility has become the base of the supply chain network, as they allow a single location to stock a vast number of products and service multiple channels.

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Blockchain Technology Reshaping SCM !

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. As such we have Blockchain technology reshaping SCM.

Blockchain technology is one of the most hyped amongst the currently developing technologies, hypothesized to make one of the greatest impacts in supply chain management — especially procurement and logistics — in the coming years. If SCM tech were a summer reading list, Blockchain would be the Twilight trilogy.

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The Time and Need to Reinvent Supply Chain Management!

It has been over 40 years since the term “Supply Chain Management” was coined. Over that time period, especially in the last few years, the term has served to create a general understanding of what the field involves.

But what “Supply Chain” has come to symbolize in the past may not be adequate to describe what it will need to mean in the future.

Has the time come to find a new name to describe this field? Has the time to come to rename and reinvent Supply Chain Management?

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4 Pitfalls to Avoid When Selecting Supply Chain Technology!

There are thousands of supply chain technology vendors in the market today, and many companies claim their system is the best-of-the-best.

How do you truly know which systems are the best, and what can you do to ensure the selected supply chain technology does not become a money pit for your organization?

The answers to these questions lie in understanding the top pitfalls to avoid when selecting systems and new technologies for use in your organization.

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Imagining the Supply Chain of the Future!

Imagine what the future will look like in Supply Chain!

We don’t mean the near future, but the very distant future.  There are articles which describe what the future of Supply Chain will be like in 2025, or even 2030.

But is that enough of a far-reaching vision to offer much more than an incremental view of what we see today based on existing technology?

Any view of the near future is more likely to describe incremental changes and incremental advancements based on the current knowledge base.  But an extremely distant vision of the future is more likely to offer revolutionary ideas as to what future possibilities are.

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What is Digital Accessibility and Why Does it Matter?

From virtual meeting tools to video streaming services, digital technology has had a dramatic effect on our lives. It enables us to work and socialize at an incredible speed. Yet, what happens to those who can’t use these technologies equally?

Digital accessibility is integral for providing opportunities to everyone regardless of individual capacity. This blog post will examine why it should matter to you.

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The Next Generation Warehouse is Built on Data!

Today’s supply chains are evolving at a phenomenal rate. The next generation warehouse will deploy analytics, blockchain, robotics, drones, driverless forklifts, automated storage and retrieval systems, and much more.

Each rendition of the next generation warehouse will build on existing technologies, and these improvements have a common denominator. They all rely on fundamental data principles and the application of meaningful data.

Supply chain leaders need to understand the problems inherent in traditional warehouses and how a next generation warehouse can leverage data and technology to maximize efficiency and productivity.

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Creating a Smart Supply Chain in the Era of Disruption!

In a recent article on CIO Dive, The state of AI across 5 industries, I read that “retailers now have a call to action to use AI. They want to improve middle and back-office functions, including improved financial forecasting and supply chain management.”

This article resonated with me quite well, as it coincided with my recent panel at last week’s BGSA Supply chain conference. The panel “Managing Technology in This Era of Disruption” covered how to leverage new technologies like artificial intelligence and advanced analytics so companies can enable customer success strategies.

Fascinating topic on its own.

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7 Technologies to Optimize Supply Chain!

Advanced technologies to optimize Supply Chain are believed to be the springboard on which you can make your business successful and competitive. 

Leveraging relevant technology in the supply chain from the moment your suppliers bring in raw materials, during storage of the materials and manufactured products in the warehouse, and distribution of products to the final consumer can increase efficiency, boost production, reduce time wastage and improve business revenues. 

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Digital Identity Solutions for the Manufacturing Industry!

In the age of digital transformation, the manufacturing industry is embracing innovative technologies to stay competitive. One such area of focus is the implementation of digital identity solutions, which play a critical role in securing access to systems and data, streamlining identity verification processes, and improving operational efficiency. 

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What is Supply Chain? According to ChatGPT!

There has been a lot of interest in ChatGPT since its launch in November, 2022. When we wrote our article, “What is ChatGPT?” in February of 2023 at which time it was the fastest app ever.

According to mlyearning.org, ChatGPT had over 1.6 billion users in March 2023. The interest in this app and technology is unprecedented.

Curious to understand more about what it is and how it worked, I asked ChatGPT to write an 800 word essay on the definition of Supply Chain Management.

Here are the results as to what is Supply Chain Management, according to ChatGPT.

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The Supply Chain Renaissance Has Begun!

The term Renaissance is widely associated with the 14th, 15th and 16th centuries in Europe, denoted by the dramatically renewed interest in, and advancement of, art, science, literature, learning, composition and exploration.

Dozens and dozens of perpetually famous individuals made their enduring mark during this period, including Leonardo Da Vinci, Michelangelo, Galileo, Shakespeare, Marco Polo, the Medicis, Martin Luther, and Gutenberg, to name but a few.

The 21st century marks a similar period for Supply Chain. Never in history have we heard so much about Supply Chain, its critical importance to every aspect of our lives, and its role in shaping the very fabric of our future.

The Supply Chain Renaissance has begun!

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Think Global Logistics! (Podcast)

We are at an interesting inflection point in the history of Supply Chain and Logistics. It is no longer sufficient to think locally. We must think global logistics!

I recently had the opportunity to talk with La Chang, CEO at Think Global Logistics (TGL). Here is that Podcast!

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13 Predictions for Logistics!

The logistics market is projected to hit $12,975.64 billion by 2027, registering a 6.5% growth rate from 2020 – and it’s no surprise why. 

As the world continues to get interconnected, consumers continue demanding readily available goods at short notice. For these demands to be met, we need resilient supply chain models along with an understanding of our predictions for logistics.

The weak link in supply chains over the years has been transportation. In response, companies are working to offer great value to customers’ demands, while keeping their transport logistics budget sustainable.

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Supply Chain Visibility Has Never Been More Important!

In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important!

The necessity for visibility started with store shelves being emptied of toilet paper, food, and various household items. People were panic buying in the face of the unknown implications of the pandemic. More and more countries and jurisdictions were locking down their citizens, temporarily shutting down businesses and enforcing social distancing and self isolation.

The chronic need for Supply Chain visibility has become of utmost importance with the overwhelming strains on global healthcare systems and networks. Hospitals and support organizations have been running low on masks, personal protective equipment and ventilators.

Most alarming is that projections of the heightened demand for these items are not met with broad visibility as to the supply and inventory of these items.

Supply Chain visibility and the Digital Supply Chain has never been more important!

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