No matter how big or small your operation and your company is you likely have the same disruptive pressures on your Warehouses and Distribution Centres.
Everyone, including those who are best in class, has the need to reduce costs, improve the speed and accuracy of order fulfillment and warehouse activities, optimize inventory, and provide sufficient capacity to support growth at your busiest times of the year.
The ability to leverage technology to help address those pressures is no longer just possible for large companies. The nature of the technology landscape brings those improvements within the reach of most everyone.
When it comes to the modern supply chain managers have a relatively new risk to consider: Cyber Security!
As major logistics providers from all around the world struggle with keeping their private data secure, businesses are investing time and resources to address this serious concern. From shutting down major ports to the risk of losing private client data, the time is now to address Cyber Security in the 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?
It’s been a tremendous first year at supplychaingamechanger.com. Our goal has always been to share experiences and expertise. And in the second half of 2017 we had an ever increasing number of articles contributed by industry leaders all of whom have been very generous in sharing their intellect and insights. This is our second 2017 Top 10 List.
Our readers and contributors come from all over the world. They include individuals new to Supply Chain as well as Industry leaders and everyone in between. And they work in many different industries and vocations. But they all have a common interest in Supply Chain, Operations, Business, Leadership, Change Management, Human Resources, Transformation, and Technology.
Most importantly they all have an interest in learning and sharing.
As we end this first year we wanted to publish our 2nd Top 10 List. Our first Top 10 List covered the Top blog posts from the first half of 2017 so our 2nd Top 10 List will cover the second half of 2017.
Supply chain technology is seeing seismic shifts and changing rapidly as new, innovative solution providers leave traditional legacy players behind.
Tremors. Seismic shifts. In supply chain management technology there is a fault line separating new, innovative technology providers and traditional supply chain software providers, and the gap between them is growing.
Have you ever tried to drive in a blinding snowstorm or when the rain or fog is so thick that you can’t see in front of your car? It’s not possible! And it’s risky to even try!
So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives?
In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility. If you carry a Smartphone you can be tracked anywhere. So why don’t you apply this technology to your Supply Chain?
Consumer demand is rising in just about every conceivable industry. Customers want their products better, faster, and stronger; and as they adopt this mantra of “more, more, more”, companies have to keep up. In order to do that, they would have to make some drastic improvements or outright changes in the way they do business through industry innovations – particularly in the supply chain.
Just as advances in Internet-based platforms are improving the way people connect, communicate, and consume, advances in telecommunications, automation, robotics, and information technology are giving industries more power to control, oversee, and optimise their businesses to meet ever-growing demand.
It is no surprise, then, that the latest technologies are the cornerstone of business innovations for the foreseeable future. In this article, we will be taking a look at some of these innovations that are trending among companies and seeing how newer businesses can integrate them into their systems.
First, a “Prime Objective” of the Shasta EDC is job growth in the manufacturing and technology sectors, including the use of collaborative robots. This is our key focus. However, the recruitment, retention, and expansion of our companies is equally important.
There is obviously a symbiotic relationship between employer and employees. However, from time to time there are talent gaps that emerge and technologies that force us to rethink our approaches to business.
Data shows that the number of manufacturing jobs are declining, and the jobs that remain are shifting to a mixture of the traditional and tribal knowledge around manufacturing and a blend of technical knowledge that helps to augment current manufacturing with the practical application of emerging technologies.
The advancement of digital technology enables the real-time, intelligent management of the Supply Chain. This now means you need a Control Tower.
But any company’s Supply Chain can still involve tens of thousands of skus, thousands of bills of material, thousands of suppliers, hundreds of transportation vendors, dozens of manufacturing facilities and distribution centres, and numerous customers.
So even if you have a Digital Supply Chain how do you manage this complexity? The answer is that you need a Control Tower!
Since the term Industry 4.0 was first coined by the German government in 2011 it has steadily gathered pace and interest from companies across all industries. This infographic from 2Flow takes you through how much it has grown and how much it is expected to grow in the years to come.
Industry 4.0 is a far cry from what has come before it and data analytics is at the heart of it. In all supply chains, companies are always looking for ways to make it more efficient and digitization is more often than not the answer – which makes Industry 4.0 the answer.
Believe it or not, Industry 4.0 — the latest specialization for modern factories and manufacturing plants — does factor into design and and help optimize your factory layout. That is because digitization, or the current movement to connect and bring all equipment into modern times, absolutely influences design.
In essence, that is the heart of Industry 4.0, a complete synergy between operations, equipment, properties and, of course, the people who spend their time there. If 3.0 was about automation and boosting efficiency, this generation is about injecting the human touch back into the work environment, and that means accommodating such things from a design standpoint.
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.
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.
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.