Remove 2008 Remove Internet of things Remove Procurement Analytics Remove Sourcing
article thumbnail

6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

Manufacturers will integrate e-commerce systems with IoT (Internet of Things) initiatives. A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online.

article thumbnail

How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

Such information streamlined transactions and improved decision-making, but the ERP data did not initially permit connecting and compiling cross-functional data sources. When the first mobile app marketplace launched in 2008, it only presented 500 offerings within the product categories. Mobile Apps Make Information Portable.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain and Logistics Predictions for 2016

Talking Logistics

How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Interest Rates : The Federal Reserve in the United States is expected to raise interest rates this week , the first increase since cutting the rate to near zero following the Great Recession in 2008. and L Brands Inc.’s

article thumbnail

What’s the Difference Between Blockchain and Supply Chain?

Supply Chain Game Changer

The idea of a “Blockchain” was conceived in 2008 although the concept of a chain of blocks began as early as 1991, and use of the word Blockchain itself has only become popular in the last few years. ” (Source: [link] ). ” (Source: Wikipedia [link]. The 5 Levels of Supply Chain Transparency!

article thumbnail

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

“It sort of depends upon what we are purchasing from the supplier as to the approach we should take…” Commodity Strategic The first level, for components or typical commodity type products, we will at least want to perform a supplier evaluation of some sort. with a backup plan as part of contingency planning.