How Artificial Intelligence (AI) Will Change Decision Making!

From The Terminator to Blade Runner, pop culture has always leaned towards a chilling depiction of artificial intelligence (AI) and our future with AI at the helm. Recent headlines about Facebook panicking because their AI bots developed a language of their own have us hitting the alarm button once again. Should we really feel unsettled with an AI future?

News flash: that future is here. If you ask Siri, the helpful assistant who magically lives inside your phone, to read text messages and emails to you, find the nearest pizza place or call your mother for you, then you’ve made AI a part of your everyday life.

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Supply Chain Predictions!

As to Supply Chain predictions, in the book The Living Supply Chain, the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Conversely, slowing down the supply chain is at the root of everything that is bad: working capital write-offs, reduced profitability, and slowing revenues.”

To “speed” up the supply chain is to invest in change and change will come with the digital transformation of the supply chain, which is the major focus for executives in the future.

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The Industry 4.0 Ecosystem!

The Industry 4.0 Ecosystem involves leveraging the latest technologies, digital capabilities, the unprecedented dissemination of IoT (the Internet of Things) and the incredible ability to tap into data anywhere and everywhere in the Supply Chain.

The level of digital connectivity across the entire End-to-End Supply Chain, from customers through to manufacturers, distributors, logistics companies, and suppliers of all kinds enables this forward leap to an Industry 4.0 world.

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IoT and Manufacturing (Infographic)!

The Internet of Things (IoT) enables the end to end connectivity of all aspects of our lives in an unprecedented manner.  What happens when IoT and Manufacturing come together?

In the arena of Manufacturing there has always been a reliance on processes, data, sensors, controls, analysis and metrics to allow for monitoring, management and optimization of those Manufacturing processes.  And the ability to leverage historic approaches has varied from company to company and industry to industry.

But now with the advent of IoT, Big Data, Artificial Intelligence (AI) and Industry 4.0 the ability to optimize Manufacturing processes through this incredible digital connectivity is about to take a quantum leap forward.

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The Next Great Leap in Supply Chain Transparency: Blockchain!

It’s no secret that transparency is the name of the game and the next great leap in today’s world-class Supply Chains. More and more consumers are demanding accountability and openness about where their products come from.

More world-beating companies are recognizing that the goodwill you get from transparency in your Supply Chain can be a major source of competitive advantage – while also helping to make the world a more humane place.

Today, we wanted to write about an emerging Supply Chain technology – as we love to do – that’s poised to offer unparalleled transparency to companies and consumers. It’s a technology that the Supply Chain trade press is buzzing about, and also one that lots of companies are taking a closer look at as the next great leap : Blockchain

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Our 2017 Top 10 Blog Posts … So Far!

It’s been 6 months since we launched supplychaingamechanger.com.  Our goal has always been to share experiences and expertise.  The site has evolved.  The number of categories has continued to grow.  And the response has been absolutely tremendous. We can now present our 2017 Top 10 Blog posts.

In that time Supply Chain Game Changer was also selected by Feedspot as one of the Top 75 Supply Chain Blogs on the Internet.

So we thought that this would be a good point at which to share a list of the 2017 Top 10 Blog posts that we have published so far.  We would be remiss if we didn’t also thank the phenomenal Guest Bloggers who have given us such great content.

So here is the 2017 Top 10 Blog List, so far …

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The Inevitable Future of the Internet of Things (IoT)!

The Internet of Things — IoT, for short — is made up of devices that connect to the internet and share data with each other. IoT devices include computers, laptops, smartphones, and objects that have been equipped with chips to gather and communicate data over a network. 

IoT devices have become a part of the mainstream electronics culture that people have adopted into. It is estimated that there will be up to 21 billion IoT devices by 2020, impacting how we interact with basic everyday objects. 

There are several things to note about the IoT as it becomes more mainstream, as a key element of the Digital Supply Chain.

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The Competitive Edge: How IoT Solutions are Redefining Supply Chain Management!

In today’s rapidly evolving business landscape, supply chain management has become more critical than ever before. With consumers demanding faster delivery times, higher product quality, and greater transparency, companies are constantly seeking ways to gain a competitive edge.

Enter the Internet of Things (IoT) solutions, which are revolutionizing the way supply chains operate. In this blog, we will explore how IoT solutions, along with digital transformation services is transforming supply chain management and why it’s essential for businesses to embrace this technology to stay ahead in the market.

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How AI and the IoT Can Change Transportation Management!

Analysts predict that by 2020, 75% of new cars will feature IoT connectivity. The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation management.

Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management.

Here are five possible applications to consider:

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What is Big Data?

I remember manually plugging 16kB (that’s right “kilobyte”) memory chips into an original IBM Personal Computer.  The crunching sound they made was unforgettable.  I was ecstatic that I had increased the total memory to 128kB, and then to 256kB … WOW!   At that time that was a lot of memory.  Who could ever need to store that much data?  That was “Big Data“.

Let’s fast forward to today.  The memory on your handheld smartphone and other devices is measured in Gigabytes (GB).  Over 2.5 quintillion bytes of information are generated every day.  Every move, every transaction, every image, every event and every location in everyone’s  lives are recorded.

That is Big Data!

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The Impact of Artificial Intelligence (AI) Over the Next Half Decade!

Why half? For those who may find awkward the reference to “half a decade” and not the “next decade” here is why: AI is evolving at such a staggering rate that it is simply not possible to foresee the impact of Artificial Intelligence in 10 years’ time.

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Supply Chain Investment Challenges – Real and Imagined!

Everywhere you turn there is talk of a lot of very exciting technologies requiring Supply Chain investment.  The Internet of Things (IoT), Augmented Reality (AR), Drones and Autonomous Vehicles, Robotics, Virtual Reality (VR), Artificial Intelligence (AI) and Intelligent Analytics are front and centre.

And all of these technologies have applicability for the Supply Chain in every business and in every industry around the world.   The Digital Supply Chain vision is within our line of sight.

But most companies are still working with the same, manual, non-automated Supply Chains that they have had for at least the last decade.  And they will continue to do so in the foreseeable future.  They are faced with challenges which are going to impede technology investments to advance their Supply Chains going forward.

What are these Supply Chain challenges?

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Empowering the Internet of Services: Bitcoin and IOST!

The Internet of Services (IoS) represents the next frontier in the evolution of the internet, offering a paradigm shift in the way services are delivered and consumed. Unlike the Internet of Things (IoT), which connects physical devices, IoS focuses on creating a seamless digital ecosystem where services are interconnected and delivered over the internet.

This article delves into the role of blockchain technology in IoS and explores how Bitcoin and IOST are at the forefront of empowering this transformative revolution. Immediate 500 ReoPro is unmatchable when it comes to investment education. It connects traders with trained professionals where they can explore.

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How Industry 4.0 is Changing and How Blockchain Fits!

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. 

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Connecting the Dots: IoT Hardware as a Game Changer in Supply Chain!

The world around us is changing rapidly, and our beloved field of supply chain management has become very dependent on innovation. Whatever trend is announced in technology, such as 3D printers, drones, artificial intelligence, augmented information, or data analysis, reality professionals immediately look for its application in procurement, transportation, and inventory management.

All these technologies make it possible to bring the product closer to the buyer, which significantly affects its value and sometimes cost. Today, we’ll discuss the role of IoT hardware in supply chains.

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