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Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Digital megatrends – Shaping Supply Chain Innovation. According to a McKinsey report, supply chain disruptions cost the average organisation 45 per cent of a year’s profit over a decade. CALISTA is a prime example of a supply chain orchestrator. Opinion Editorial by GeTS. Then people’s basic needs came under threat.

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Product Portfolio: Definition, Examples, Guide

Unleashed

Mature businesses will have a stronger focus on diversifying their portfolio and reinvesting the capital from their top-performing products into new innovations. Identify innovation opportunities. Remain innovative as you grow; always be looking for new investment opportunities and potential competitive advantages.

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My Failure Of Using Design Thinking To Drive Supply Chain Innovation

Supply Chain Shaman

This post focuses on my failure to use design thinking to spark innovation with supply chain teams and my lessons learned. Today, six years later, I reflect on the gaps of the methodology as it applies to supply chain innovation. With the shifts in reporting structures for the IT leader to report to the CFO, the issue grew.

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Global Fulfillment Innovation Centers on ESG in 2023

ModusLink Corporation

Global Fulfillment Innovation Centers on ESG in 2023. As reported by the Harvard Business Review , “an organization must view the available options and then adapt in near-real time by collaborating with external partners” (Padgaonkar). This requires focusing on sustainability, transparency, and innovation across the supply chain.

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The Beginning of the Beginning: A Progress Report on the Digitisation of Supply Chains

The Logistics & Supply Chain Management Society

In a survey by the Institute for Supply Management released March 10, 2020, almost 75% of companies reported supply disruption due to Covid-19. Supply chains are the centre of gravity for innovation and transformation. Covid-19—the global supply chain awakening. Supply chain networks of the future—building better forward.

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How manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

There is a common cliche that necessity is the mother of invention – and by extension, innovation. The past two and half years have certainly brought a variety of challenges and opportunities that have made innovation not just a preference, but essential for manufacturers and distributors to thrive into the future.

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New Industry Report Spotlights Product Innovation for a New Era – Evolving Products to Platforms in a Changing World

Arena Solutions

Spearheaded by Cloud PLM leader Arena Solutions, the report offers new operating principles of product innovation and practical lessons for product developers to navigate uncertain times and accelerate growth. Their combined feedback and insights culminated in the new industry report: More Than a Product: Innovation for a New Era.