Tag: Digital Supply Chain

The Digital Supply Chain is the future.  Digital technology in application will define Supply Chain for decades to come.

Digital Supply Chain Predictions!

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents!
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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.

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Digital Transformation Technologies and Predictions!

5 Ways Technology Has Transformed Business
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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.

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The 5 Big Benefits of the Digital Supply Chain!

Stand Out Digital Supply Chain Strategies!

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?

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Digital Twinning of Supply Chains!

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents!

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.

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5 Steps Towards Digital Supply Chain Transformation!

What is a Digital 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.

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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.

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

The Supply Chain Renaissance Has Begun!

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.

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Magnetic Coupling 101: Enhancing Warehousing and Logistics!

What is the Digital Supply Chain?

Magnetic coupling is transforming warehousing and logistics by making processes faster, safer, and more efficient. This technology helps connect two objects using magnetic fields rather than physical links, which can improve the flow of goods and reduce the wear and tear on machinery.

In warehousing and logistics, magnetic coupling is increasingly valuable, especially as companies seek better ways to handle high demand and streamline operations.

But how exactly does it work, and what benefits does it bring? Let’s explore how magnetic coupling can enhance warehousing and logistics systems and why it’s becoming a key part of modern operations.

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The Reactive vs Proactive Supply Chain! Which Will Prevail?

Confessions of a High Priced Expediter!

Anyone who has worked in Supply Chain knows that problems will arise anytime, anywhere and anyhow. These problems will require quick reaction, expediting, firefighting, long hours and sleepless nights.

Certainly the disruptions caused by the pandemic have made reactive Supply Chain operation the norm in virtually every industry and every geography.

How much of this reactivity could have been, or can be, avoided through the implementation of more robust Supply Chain strategies? After all wouldn’t you prefer to work in a more strategic and less frantic organization?

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Benefits of IoT in Supply Chain!

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents!

The Internet of Things (IoT) is a network of physical devices and objects that are connected to the Internet and sometimes each other. This is a network that’s getting bigger and bigger every day given the benefits of IoT.

They are connected via sensors and they can collect and exchange information about how they’re used and what’s around them. IoT is poised to have a big impact economically and socially, so this article will outline the benefits it has on supply chain management. 

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Tips for Mitigating Risk During Your Firm’s Digital Transformation!

The Digital Supply Chain Journey: Step 2 – Digital Transformation Leadership!

The future of business is digital. It empowers companies with more capabilities, facilitates more meaningful interactions between corporations and customers, and hastens important processes. 

However, digital transformation doesn’t come naturally. All these techniques and integrations must be integrated into your business with precision. Any mishaps can have far-reaching consequences, and you could set your company back rather than advance it forward if you fail to prepare properly and in mitigating risk. 

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Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson!

Imagining the Supply Chain of the Future!

Mike Mortson was recently interviewed by Oracle as a part of the Oracle Global Supply Chain Influencer program. This article was posted on the Oracle Supply Chain Management blog.

Supply chain professionals are hiking their spending on supply chain innovation—substantially. Ninety-five percent said they plan to spend more this year than last, and 60 percent will spend more than $1 million over the next two years on disruptive technologies such as robotics, automation, predictive analytics, artificial intelligence, and the Internet of Things (IoT). 

As digital transformation confronts supply chain leaders, Oracle caught up with Mike Mortson of Supply Chain Game Changer to discuss the current state of the supply chain technology landscape—including how the easiest path forward, in many cases, may involve embracing a supply chain-as-a-service model to benefit from cutting-edge technologies and first-rate digital supply chain management skill sets.

Here is the Oracle interview with Mike Mortson.

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Critical Infrastructure Planning Guidelines for Supply Chain!

The Electric Vehicle Charging Station Infrastructure!

Over the years, digital disruption has become a norm for all industries, and supply chain businesses are not an exception. Technology has changed the entire structure, right from internal communications to physical operations to infrastructure planning.

Things are only going to get bigger and better in the future, with digital innovation poised to take over the sector. Right now, it is important to have the right technology infrastructure for your supply chain business so that you can make it future-ready.

Whether you are planning to start from scratch or looking to revamp the existing infrastructure for your business, here are some guidelines to help with your infrastructure planning.

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Digital Procurement Improves Supply Chain!

Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson!

The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. 

Some of the most notable areas where world-class procurement organizations outperformed the “peer group” were increased operating efficiency and how more effective they were at delivering their services to both, internal and external customers.

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

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

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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